On the measurement of product quality in intra-industry trade

The world has witnessed a dramatic increase in trade over the last forty years. Much of this growth in trade is intra-industry in nature. A relatively recent development in the intra-industry trade (IIT) literature is the measurement of the simultaneous import and export of quality-differentiated pr...

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Main Authors: Abdul Karim, Mohamed Azhar, Elliott, Robert J. R.
Format: Article
Language:English
English
Published: Springer 2006
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/18135/
http://psasir.upm.edu.my/id/eprint/18135/1/On%20the%20measurement%20of%20product%20.pdf
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author Abdul Karim, Mohamed Azhar
Elliott, Robert J. R.
author_facet Abdul Karim, Mohamed Azhar
Elliott, Robert J. R.
author_sort Abdul Karim, Mohamed Azhar
building UPM Institutional Repository
collection Online Access
description The world has witnessed a dramatic increase in trade over the last forty years. Much of this growth in trade is intra-industry in nature. A relatively recent development in the intra-industry trade (IIT) literature is the measurement of the simultaneous import and export of quality-differentiated products, commonly known as vertical and horizontal IIT. In this paper we compare the Greenaway, Hine and Milner (1994) and Fontagné and Freudenberg (1997) approaches to disentangling vertical and horizontal intra-industry trade and examine some of the implications of employing simple ratios to define the boundary between product quality types. We present a complementary approach based on the traditional Grubel and Lloyd (GL) index and demonstrate with numerical examples its versatility and applicability at the product level. © 2006 The Kiel Institute.
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spelling upm-181352015-12-09T03:02:58Z http://psasir.upm.edu.my/id/eprint/18135/ On the measurement of product quality in intra-industry trade Abdul Karim, Mohamed Azhar Elliott, Robert J. R. The world has witnessed a dramatic increase in trade over the last forty years. Much of this growth in trade is intra-industry in nature. A relatively recent development in the intra-industry trade (IIT) literature is the measurement of the simultaneous import and export of quality-differentiated products, commonly known as vertical and horizontal IIT. In this paper we compare the Greenaway, Hine and Milner (1994) and Fontagné and Freudenberg (1997) approaches to disentangling vertical and horizontal intra-industry trade and examine some of the implications of employing simple ratios to define the boundary between product quality types. We present a complementary approach based on the traditional Grubel and Lloyd (GL) index and demonstrate with numerical examples its versatility and applicability at the product level. © 2006 The Kiel Institute. Springer 2006 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/18135/1/On%20the%20measurement%20of%20product%20.pdf Abdul Karim, Mohamed Azhar and Elliott, Robert J. R. (2006) On the measurement of product quality in intra-industry trade. Review of World Economics, 142 (3). pp. 476-495. ISSN 1610-2878 http://dx.doi.org/10.1007/s10290-006-0077-5 Intra-industry trade Quality of products International economic integration doi:10.1007/s10290-006-0077-5 English
spellingShingle Intra-industry trade
Quality of products
International economic integration
Abdul Karim, Mohamed Azhar
Elliott, Robert J. R.
On the measurement of product quality in intra-industry trade
title On the measurement of product quality in intra-industry trade
title_full On the measurement of product quality in intra-industry trade
title_fullStr On the measurement of product quality in intra-industry trade
title_full_unstemmed On the measurement of product quality in intra-industry trade
title_short On the measurement of product quality in intra-industry trade
title_sort on the measurement of product quality in intra-industry trade
topic Intra-industry trade
Quality of products
International economic integration
url http://psasir.upm.edu.my/id/eprint/18135/
http://psasir.upm.edu.my/id/eprint/18135/
http://psasir.upm.edu.my/id/eprint/18135/
http://psasir.upm.edu.my/id/eprint/18135/1/On%20the%20measurement%20of%20product%20.pdf