Economic Integration and the Evolution of Trade
Economic Integration and the Evolution of Trade: A Geometric Interpretation of Trade Measures
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제19권 제4호
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2004.12651 - 666 (16 pages)
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The increase in global trade and the ongoing erosion of trade barriers makes the analysis of trade patterns one of the key areas in international economics. Much of the post-war expansion of trade took the form of intra-industry trade (IIT). This paper presents a simple geometric tool to analyse trade patterns specifically inter and intra-industry trade and the compatibility between levels and measures of IIT. The applicability our methodology is demonstrated using the UKs trade experience during the critical period of EU integration 1988-1997.
Ⅰ. Introduction
Ⅱ. Components of International Trade and the Industry Trade Box
Ⅲ. An Empirical Application
Ⅳ. Conclusions
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