2018
DOI: 10.24006/jilt.2018.16.1.1
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Horizontal Intra-Industry Trade in Korea: A Dynamic Panel Data Analysis

Abstract: This study investigates the patterns and determinants of Korea's horizontal intra-industry trade by employing a dynamic panel data analysis. The main findings of the study are as follows. An increase in the market size of both trading partners is associated with a higher level of horizontal intra-industry trade. Dissimilar economic sizes and per capita incomes have a negative effect on trade in horizontally differentiated products. Geographical distance and trade imbalance serve as obstacles to horizontal intr… Show more

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