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Does North-South horizontal intra-industry trade really exist? An analysis of the toy industry

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Abstract

Does North-South Horizontal Intra-Industry Trade Really Exist? An Analysis of the Toy Industry. — In a combination of a case study approach and econometric analysis, bilateral intra-industry trade between high income countries and low income countries in the toy industry is investigated. In a number of products there is important bilateral intra-industry trade between both groups of countries. Econometric analysis in which a number of the explanatory variables used were quantified on the basis of the information supplied by the industry-spokesmen yields results which strongly support the view that the bilateral IIT between the high income countries and the low income countries in the toy industry is determined significantly by horizontal product differentiation and economies of scale.

Zusammenfassung

Gibt es wirklich einen horizontalen intraindustriellen Handel zwischen Nord und Süd? Eine Untersuchung der Spielwarenindustrie. — In einer Kombination von Fallstudie und ökonometrischer Analyse wird der bilaterale intraindustrielle Handel mit Spielzeug zwischen Ländern mit hohem und Ländern mit niedrigem Einkommen untersucht. Für eine Anzahl von Produkten gibt es einen bedeutenden Handel zwischen beiden Ländergruppen. Eine ökonometrische Analyse, in welcher einige der benutzten erklärenden Variablen auf der Grundlage von Informationen, die von Industriesprechern zur Verfügung gestellt wurden, quantifiziert worden sind, liefert Ergebnisse, die die These, daß der bilaterale intraindustrielle Handel zwischen Ländern mit hohem und Ländern mit niedrigem Einkommen auf dem Spielwarensektor signifikant durch horizontale Produktdifferenzierung und Skalenerträge bestimmt wird, stark stützen.

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Tharakan, P.K.M., Kerstens, B. Does North-South horizontal intra-industry trade really exist? An analysis of the toy industry. Weltwirtschaftliches Archiv 131, 86–105 (1995). https://doi.org/10.1007/BF02709073

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