Static and Dynamic Measurement of Intra-Industry Trade and Adjustment: A Geometric Reappraisal

The principal analytical device used is an industry "trade box" that allows the authors to geometrically examine changes in intra-industry trade (ITT), total trade (7T), net trade (NT) and the Grubel and Lloyd (GL) index as a result of movements in trade points. The authors propose an appr...

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Veröffentlicht in:Review of world economics 1998-01, Vol.134 (3), p.404-422
Hauptverfasser: Azhar, Abdul K. M., Elliott, Robert J. R., Milner, Chris R.
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Milner, Chris R.
description The principal analytical device used is an industry "trade box" that allows the authors to geometrically examine changes in intra-industry trade (ITT), total trade (7T), net trade (NT) and the Grubel and Lloyd (GL) index as a result of movements in trade points. The authors propose an approach to measure changes in both the absolute and relative values of ITT and NT with respect to changes in TT. Their methodology highlights a number of weaknesses with the existing literature on marginal IIT and provides a methodology that can be applied to investigate adjustment implications of changing patterns and levels of intra-industry trade. /// Die Verfasser benutzen als hauptsächliches analytisches Werkzeug Box-Diagramme für den Handel mit Industriegütern, die es ihnen erlauben, auf geometrischem Wege Veränderungen zu untersuchen, die sich im intraindustriellen Handel, Gesamthandel, Nettohandel und Grubel-Lloyd-Index als Ergebnis von Bewegungen in Handelspunkten zeigen. Sie schlagen eine Methode vor, um Veränderungen sowohl der absoluten als auch der relativen Werte von intraindustriellem Handel und Nettohandel im Hinblick auf Änderungen des Gesamthandels zu messen. Ihre Methodologie beleuchtet eine Reihe von Schwächen der Literatur über den marginalen intraindustriellen Handel und liefert eine Methodologie, die angewandt werden kann, um die Anpassungsimplikationen zu untersuchen, die sich aus einer Veränderung der Struktur und des Niveaus des intraindustriellen Handels ergeben.
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Their methodology highlights a number of weaknesses with the existing literature on marginal IIT and provides a methodology that can be applied to investigate adjustment implications of changing patterns and levels of intra-industry trade. /// Die Verfasser benutzen als hauptsächliches analytisches Werkzeug Box-Diagramme für den Handel mit Industriegütern, die es ihnen erlauben, auf geometrischem Wege Veränderungen zu untersuchen, die sich im intraindustriellen Handel, Gesamthandel, Nettohandel und Grubel-Lloyd-Index als Ergebnis von Bewegungen in Handelspunkten zeigen. Sie schlagen eine Methode vor, um Veränderungen sowohl der absoluten als auch der relativen Werte von intraindustriellem Handel und Nettohandel im Hinblick auf Änderungen des Gesamthandels zu messen. Ihre Methodologie beleuchtet eine Reihe von Schwächen der Literatur über den marginalen intraindustriellen Handel und liefert eine Methodologie, die angewandt werden kann, um die Anpassungsimplikationen zu untersuchen, die sich aus einer Veränderung der Struktur und des Niveaus des intraindustriellen Handels ergeben.</description><identifier>ISSN: 0043-2636</identifier><identifier>ISSN: 1610-2878</identifier><identifier>EISSN: 1610-2886</identifier><identifier>DOI: 10.1007/bf02707924</identifier><language>eng</language><publisher>Jena: J. C. B. 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Their methodology highlights a number of weaknesses with the existing literature on marginal IIT and provides a methodology that can be applied to investigate adjustment implications of changing patterns and levels of intra-industry trade. /// Die Verfasser benutzen als hauptsächliches analytisches Werkzeug Box-Diagramme für den Handel mit Industriegütern, die es ihnen erlauben, auf geometrischem Wege Veränderungen zu untersuchen, die sich im intraindustriellen Handel, Gesamthandel, Nettohandel und Grubel-Lloyd-Index als Ergebnis von Bewegungen in Handelspunkten zeigen. Sie schlagen eine Methode vor, um Veränderungen sowohl der absoluten als auch der relativen Werte von intraindustriellem Handel und Nettohandel im Hinblick auf Änderungen des Gesamthandels zu messen. 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M.</au><au>Elliott, Robert J. R.</au><au>Milner, Chris R.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Static and Dynamic Measurement of Intra-Industry Trade and Adjustment: A Geometric Reappraisal</atitle><jtitle>Review of world economics</jtitle><date>1998-01-01</date><risdate>1998</risdate><volume>134</volume><issue>3</issue><spage>404</spage><epage>422</epage><pages>404-422</pages><issn>0043-2636</issn><issn>1610-2878</issn><eissn>1610-2886</eissn><abstract>The principal analytical device used is an industry "trade box" that allows the authors to geometrically examine changes in intra-industry trade (ITT), total trade (7T), net trade (NT) and the Grubel and Lloyd (GL) index as a result of movements in trade points. The authors propose an approach to measure changes in both the absolute and relative values of ITT and NT with respect to changes in TT. 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subjects Balance of trade
Economic analysis
Economic methodology
Economic theory
Global economy
Grain trade
Imports
Industrial economics
Mathematical constants
Measurement
Terms of trade
Trade
Trade adjustment
Trade liberalization
Trade regionalization
Zero
title Static and Dynamic Measurement of Intra-Industry Trade and Adjustment: A Geometric Reappraisal
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