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Intra-Industry Trade: What Does the Theory Predict and How Robust Are the Empirical Estimates?

  • Chapter
Intra-Industry Trade and Adjustment

Abstract

The focus of this book is on intra-industry trade (IIT) in Europe and new methods introduced to analyse this trade. The aim of this chapter is to serve as a background to subsequent chapters. It is not primarily meant as a comprehensive survey. Rather, the aim is to complement the now classic study by Greenaway and Milner (1986) and the new survey by Greenaway and Torstensson (1997).

The research that forms the basis for this chapter has been presented and discussed at various locations, in particular the SPES-Workshops on ‘Trade Specialization and Market Structure in the European Community After 1992’ in Antwerp, October 1993, Athens, April 1994, Nottingham, September 1994 and Coimbra, November 1995. Important stimulus was also given by seminars at the conference on 'Trade and Technology', Oslo, October 1995 at Trinity College, Dublin, and at CREDIT, University of Nottingham, November 1995. In particular, I want to thank David Greenaway, Bob Hine, Dermot McAleese, Chris Milner, Victor Norman and Matthew Tharakan. I have also received comments and other help from Karolina Ekholm, Par Hansson, Lars Lundberg. Lena Dahl has provided excellent research assistance. Marius Briilhart deserves special gratitude for carefully commenting on various drafts of the chapter. The Crafoordska stiftelsen and the Swedish Council for Research in the Humanities and Social Sciences (HSFR) have provided financial support.

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Authors
  1. Johan Torstensson
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Editor information

Editors and Affiliations

  1. University of Manchester, UK

    Marius Brülhart

  2. University of Nottingham, UK

    Robert C. Hine

Copyright information

© 1999 Centre of Research in European Development and International Trade (CREDIT)

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Torstensson, J. (1999). Intra-Industry Trade: What Does the Theory Predict and How Robust Are the Empirical Estimates?. In: Brülhart, M., Hine, R.C. (eds) Intra-Industry Trade and Adjustment. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-27173-3_2

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