A Cross-Section Analysis of Intra-Industry Trade in the U.S. Processed Food and Beverage Sectors

Hartman, Darcy A.; Henderson, Dennis R.; Sheldon, Ian M.

doi:10.1017/s1068280500004780

Cited by 8 publications

(4 citation statements)

References 14 publications

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“…Loerstcher and Wolter (1980) analysed the industry-specific determinants of intra-industry trade (IIT) for 13 OECD countries and found a positive relationship between the product differentiation and intra-industry trade, while the economies of scale and IIT were found to be inversely related. Hartman et al (1993) investigated IIT for food processing in the United States and by using an OLS model, they found the product differentiation and the economies of scale to be positively related to IIT, while the industrial concentration was found to have a negative impact on IIT. Bergstrand (1983) also analysed the OECD countries IIT and found that the economies of scales were negatively related to both sides of IIT.…”

Section: Empirical Evidencementioning

confidence: 99%

Country and industry specific determinants of intra-industry agri-food trade in the Baltic Countries

Jámbor¹,

Balogh²,

Kucsera³

2016

AGR ECON-CZECH

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Th e article analyses the country and industry specifi c determinants of the horizontal and vertical intra-industry agri-food trade between the Baltic Countries and the European Union in 1999-2013. Results obtained by the GMM panel model estimations suggest that distance is negatively related to IIT, implying that geographical distance is an obstacle for intra-industry agri-food trade. Moreover, factor endowments are ambiguously related to IIT as land is found to be negatively, while labour and machinery to be positively related to both sides of the IIT. Results also show that product diff erentiation fosters two way trade of the quality-diff erentiated goods as a positive relationship exists between the agricultural employment and IIT. As to productivity, all model runs show a negative relationship for HIIT but positive for VIIT, implying that low-quality product exports dominate the agri-food trade of the Baltic Countries. Furthermore, FDI was also found to have a negative relationship with IIT, suggesting that foreign capital does not foster IIT.

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Section: Empirical Evidencementioning

confidence: 99%

Country and industry specific determinants of intra-industry agri-food trade in the Baltic Countries

Jámbor¹,

Balogh²,

Kucsera³

2016

AGR ECON-CZECH

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“…They also demonstrated that IIT was explained by monopolistic competition and a large number of enterprises. Hartman et al (1993) analysed IIT for food processing with thirty-six trading partners of the United States in 1987. Using the ordinary least squares (OLS) model for their estimations, they showed that product differentiation and economies of scale were positively related to IIT while industrial concentration had a negative impact.…”

Section: Country-and Industry-specifi C Determinants Of Intra-industrmentioning

confidence: 99%

Country- and industry-specific determinants of intra-industry trade in agri-food products in the Visegrad countries

Jámbor¹

2015

Stud. Agr. Econ.

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The article analyses country-and industry-specifi c determinants of horizontal and vertical intra-industry trade (IIT) in agri-food products between the Visegrad countries (Czech Republic, Hungary, Poland and Slovak Republic) and the European Union in the period 1999-2013. The results show that IIT is mainly of a vertical nature in the Visegrad countries, though the majority of their exports consist of low quality/value-added agri-food products to European markets. The results obtained by generalised method of moments (GMM) panel model estimations suggest that factor endowments and distance are mainly negatively related to IIT, while product differentiation was found not to foster two-way trade of quality-differentiated goods. All model runs show a negative relationship between productivity as well as foreign direct investment and IIT.

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“…Intra-industry trade (IIT), which is defined as the concurrent importation and exportation of similar goods [ 18 ], has been a common phenomenon in international trade [ 19 ]. There is high intra-industry trade in the EU due to taste similarity, product differentiation, and scale economies.…”

Section: Overview Of Eu Cheese Sector and Trading Contextmentioning

confidence: 99%

Market Integration and Price Dynamics under Market Shocks in European Union Internal and External Cheese Export Markets

Xue

Wang

2022

Foods

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The dairy sector in the European Union (EU) has experienced policy changes and market shocks recently. Using the global vector autoregressive (GVAR) model, this paper explores regional market integration, the feedback between market shocks and price dynamics, and the link between EU’s cheese export markets and energy market. This paper assesses and compares which influencing factors are typically associated with intra-EU and extra-EU cheese export price movement with regards to shocks to crude oil price, farm-gate raw milk price, and consumer price index (CPI) for food and cheese production of six representative EU member states, respectively. Using generalized impulse response functions, this paper finds that EU’s internal cheese export market is not well integrated, while EU’s external market is well integrated, with France as an exception. It also finds that the external cheese export market is vulnerable to shocks from the energy market compared to the internal market. Raw milk prices from the upstream supply chain have strong spill-over effects on EU’s internal cheese export market, yet their impact on extra-EU cheese export prices is relatively less significant. The movement patterns of extra-EU cheese export prices of Ireland and the UK show similar patterns in the long run. It is concluded that the dynamics of cheese export prices in the internal and external markets of the EU are different under market shocks.

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A Cross-Section Analysis of Intra-Industry Trade in the U.S. Processed Food and Beverage Sectors

Cited by 8 publications

References 14 publications

Country and industry specific determinants of intra-industry agri-food trade in the Baltic Countries

Country and industry specific determinants of intra-industry agri-food trade in the Baltic Countries

Country- and industry-specific determinants of intra-industry trade in agri-food products in the Visegrad countries

Market Integration and Price Dynamics under Market Shocks in European Union Internal and External Cheese Export Markets

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