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Portuguese Intra-Industry Trade: A Dynamic Panel Data Analysis

dc.contributor.authorFaustino, Horácio C.
dc.contributor.authorLeitão, Nuno Carlos
dc.date.accessioned2010-12-09T15:40:28Z
dc.date.available2010-12-09T15:40:28Z
dc.date.issued2006
dc.description.abstractThis paper provides empirical evidence of the determinants of intra-industry trade (IIT), horizontal IIT and vertical IIT between Portugal and six European trading partners, using a dynamic panel data analysis. The paper introduces the distinction between the short-run and the long-run effects of the industry characteristics on IIT. The relationship between IIT and comparative advantages is also tested. The estimation results suggest that Portugal has comparative advantages in low-quality varieties and support Davis' (1995) hypothesis that decreasing costs are not necessary for IIT. The findings of the paper also provide an answer to Torstenson's (1996) question, namely that it is primarily human capital, rather than physical capital, that determines the quality of differentiated products.por
dc.identifier.citationFaustino, Horácio C. e Nuno Carlos Leitão. 2006. "Portuguese Intra-Industry Trade: A Dynamic Panel Data Analysis". Instituto Superior de Economia e Gestão - DE Working papers nº 21-2006/DEpor
dc.identifier.issn0874-4548
dc.identifier.urihttp://hdl.handle.net/10400.5/2646
dc.language.isoengpor
dc.publisherISEG – Departamento de Economiapor
dc.relation.ispartofseriesDE Working papers;nº 21-2006/DE
dc.relation.publisherversionhttps://aquila1.iseg.utl.pt/aquila/getFile.do?method=getFile&fileId=26457por
dc.subjectIntra-industry tradepor
dc.subjectdynamic panel datapor
dc.subjectPortugalpor
dc.titlePortuguese Intra-Industry Trade: A Dynamic Panel Data Analysispor
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccesspor
rcaap.typeworkingPaperpor

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