Vertical and Horizontal Intra-Industry Trade between the U.S. and NAFTA Partners

The main objectives of this paper are to (a) explain the extent of vertical and horizontal intra-industry trade in the United State’s foreign trade with the North American Free Trade Area (NAFTA), and (b) identify the industryspecific determinants of vertical and horizontal intra-industry trade. One...

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Autores principales: Ekanayake,E. M, Veeramacheneni,Bala, Moslares,Carlos
Lenguaje:English
Publicado: ILADES. Universidad Alberto Hurtado. 2009
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702009000100002
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spelling oai:scielo:S0718-887020090001000022011-08-29Vertical and Horizontal Intra-Industry Trade between the U.S. and NAFTA PartnersEkanayake,E. MVeeramacheneni,BalaMoslares,Carlos Vertical and Horizontal Intra-Industry Trade NAFTA The main objectives of this paper are to (a) explain the extent of vertical and horizontal intra-industry trade in the United State’s foreign trade with the North American Free Trade Area (NAFTA), and (b) identify the industryspecific determinants of vertical and horizontal intra-industry trade. One of the main findings is that the observed increase in intra-industry trade between the United States and NAFTA is almost entirely due to two-way trade in vertical differentiation. Another important finding is that the share of horizontal intra-industry trade has increased significantly during this period, although vertical intra-industry trade continued to be dominant in the U.S.-NAFTA IIT Trade. Among the industry-specific variables, product differentiation, vertical product differentiation, and product quality differences are found to have a positive effect on all three types of IIT shares. Industry concentration and industry size are found to have a negative and statistically significant effect on all three types of IIT share.info:eu-repo/semantics/openAccessILADES. Universidad Alberto Hurtado.Revista de análisis económico v.24 n.1 20092009-06-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702009000100002en10.4067/S0718-88702009000100002
institution Scielo Chile
collection Scielo Chile
language English
topic Vertical and Horizontal Intra-Industry Trade
NAFTA
spellingShingle Vertical and Horizontal Intra-Industry Trade
NAFTA
Ekanayake,E. M
Veeramacheneni,Bala
Moslares,Carlos
Vertical and Horizontal Intra-Industry Trade between the U.S. and NAFTA Partners
description The main objectives of this paper are to (a) explain the extent of vertical and horizontal intra-industry trade in the United State’s foreign trade with the North American Free Trade Area (NAFTA), and (b) identify the industryspecific determinants of vertical and horizontal intra-industry trade. One of the main findings is that the observed increase in intra-industry trade between the United States and NAFTA is almost entirely due to two-way trade in vertical differentiation. Another important finding is that the share of horizontal intra-industry trade has increased significantly during this period, although vertical intra-industry trade continued to be dominant in the U.S.-NAFTA IIT Trade. Among the industry-specific variables, product differentiation, vertical product differentiation, and product quality differences are found to have a positive effect on all three types of IIT shares. Industry concentration and industry size are found to have a negative and statistically significant effect on all three types of IIT share.
author Ekanayake,E. M
Veeramacheneni,Bala
Moslares,Carlos
author_facet Ekanayake,E. M
Veeramacheneni,Bala
Moslares,Carlos
author_sort Ekanayake,E. M
title Vertical and Horizontal Intra-Industry Trade between the U.S. and NAFTA Partners
title_short Vertical and Horizontal Intra-Industry Trade between the U.S. and NAFTA Partners
title_full Vertical and Horizontal Intra-Industry Trade between the U.S. and NAFTA Partners
title_fullStr Vertical and Horizontal Intra-Industry Trade between the U.S. and NAFTA Partners
title_full_unstemmed Vertical and Horizontal Intra-Industry Trade between the U.S. and NAFTA Partners
title_sort vertical and horizontal intra-industry trade between the u.s. and nafta partners
publisher ILADES. Universidad Alberto Hurtado.
publishDate 2009
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702009000100002
work_keys_str_mv AT ekanayakeem verticalandhorizontalintraindustrytradebetweentheusandnaftapartners
AT veeramachenenibala verticalandhorizontalintraindustrytradebetweentheusandnaftapartners
AT moslarescarlos verticalandhorizontalintraindustrytradebetweentheusandnaftapartners
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