Country-specific factors and the pattern of horizontal and vertical intra-industry trade in the UK

Abstract

F10, F14,

Intra-tourism trade, income distribution and tourism endowment: an econometric investigation

“…Econometric results relative to VIIT do not always confirm these expectations. Greenaway et al (1994Greenaway et al ( , 1995, Blanes and Martin (2000) and Fukao et al (2003) consider differences in GDP per capita as a proxy of differences in factor endowments, and find a negative relationship with VIIT. Gullstrand (2000), Martin-Montaner and Rios (2002), Durkin and Krygier (2000), and Crespo and Fontoura (2004) find that this variable is positive in their regressions.…”

Country-specific determinants of horizontal and vertical intra-industry agri-food trade: the case of Bulgaria and Romania

“…Leitão and Faustino 2008, Rasekhi 2008, Wang 2009), though just a limited amount of literature is focused on the country-specific determinants of vertical and horizontal intra-industry trade. Greenaway et al (1994) were the first to analyse country-specific factors of horizontal and vertical intra-industry trade in the UK and found that vertical IIT is more important in the UK than horizontal IIT and that the inter-country pattern of vertical IIT is systematically related to a range of explanatory variables. Aturupane et al (1999) searched for the determinants of horizontal and vertical intra-industry trade between Eastern Europe and the European Union and showed that the determinants of the two types of IIT are likely to differ, with vertical IIT being more a reflection of endowment or technology-based factors, and horizontal IIT being more dependent on factors such as scale economies and imperfect competition.…”

“…If this equation is not true, GHM method talks about vertically differentiated products. Furthermore, Greenaway et al (1994) added that results coming from the selection of the 15% range do not change significantly when the spread is widened to 25%. Blanes and Martín (2000) developed the model further and defined high and low VIIT.…”

Measuring vertical and horizontal intra-industry trade: the case for Turkey

“…In the present paper, following Greenaway et al (1994Greenaway et al ( , 1995Greenaway et al ( , 1999 we shall base our analysis on the GL approach, postponing the use of the FF index for future research. The goods will be represented by 5-digit SITC sectors.…”

“…It is found that VIIT is almost always dominant in the IIT of all countries, be they developed or less developed. This dominance, however, is weaker in developed countries, (see, e.g., Greenaway et al (1994) for the UK) as opposed to less developed or emerging market economies (see, e.g. Aturupane, Djankov and Hoekman (1999) for the Eastern European countries).…”