Arbeitspapier

Vertical Intra-industry Trade between EU and Accession Countries

The paper analyses vertical intra-industry trade between EU and Accession countries, and concentrates on two country-specific determinants: Differences in personal income distribution and in technology. Both determinants have a strong link to national policies and to cross-border investment flows. In contrast to most other studies, income distribution is not seen as time-invariant variable, but as changing over time. What is new is also that differences in technology are tested in comparison with cost advantages from capital/labour ratios. The study applies panel estimation techniques with GLS. Results show country-pair fixed effects to be of high relevance for explaining vertical intraindustry trade. In addition, bilateral differences in personal income distribution and their changes are positive related to vertical intra-industry trade in this special regional integration framework; hence, distributional effects of policies matter. Also, technology differences turn out to be positively correlated with vertical intra-industry trade. However, the cost variable (here: relative GDP per capita) shows no clear picture, particularly not in combination with the technology variable.

Sprache
Englisch

Erschienen in
Series: IWH Discussion Papers ; No. 12/2006

Klassifikation
Wirtschaft
Empirical Studies of Trade
Economic Integration
Thema
internationaler Handel
intra-industrielle Handel
vertikaler intra-industrieller Handel
Europäische Union
Einkommensverteilung
Technologie
Intra-industry trade
transition countries

Ereignis
Geistige Schöpfung
(wer)
Gabrisch, Hubert
Ereignis
Veröffentlichung
(wer)
Leibniz-Institut für Wirtschaftsforschung Halle (IWH)
(wo)
Halle (Saale)
(wann)
2006

Handle
URN
urn:nbn:de:gbv:3:2-252
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Gabrisch, Hubert
  • Leibniz-Institut für Wirtschaftsforschung Halle (IWH)

Entstanden

  • 2006

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