The Impact of CJK’s Vertical Intra-industry Trade on ASEAN4’s GDP Per capita
This past decade has witnessed the unprecedented change of international trade patterns in East Asia. Before 1980, a typical North-South inter-industry pattern overwhelmed the East Asian trade (Ando 2006). At that time, the traditional theory of comparative advantage, that is differences in the endowment factor, was more than enough to explain such trade patterns,
KeywordsComparative Advantage Trade Strategy Capita Growth Trade Pattern Factor Endowment
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