Intra-industry trade and strategic interaction: Theory and evidence (vol 45, pg 77, 1998)
成果类型：
Correction
署名作者：
Bernhofen, DM
署名单位：
Clark University
刊物名称：
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN：
0022-1996
DOI：
10.1016/S0022-1996(97)90027-1
发表日期：
1999
页码：
225-244
关键词：
摘要：
We conduct a theory-based empirical study of intraindustry trade in homogeneous products. We derive an oligopolistic model of intra-industry trade, which is an extension of the segmented market model of trade, initially proposed by [Brander, J. A., 1981, Intra-industry trade in identical commodities, Journal of International Economics 11, 1-14]. The empirical implementations of the model are investigated in the contest of the petrochemical industry. Our analysis employs a unique data set containing detailed product- and location-specific data on the petrochemical industries in German!: and the United States. Allowing for different empirical specifications, we find that cross-product variations in bilateral intra-industry trade of petrochemicals are well explained by the variables suggested by the theoretical model. (C) 1999 Elsevier Science B.V. Ail rights reserved.
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