An Account of Global Intraindustry Trade, 1962-2006
By Marius Brülhart. 2009
205 citations recorded by the source corpus.
This paper provides a comprehensive description of intra-industry trade patterns and trends, using data on more than 39 million bilateral trade flows. In 2006, 27 percent of global trade was intra-industry if measured at the finest (5-digit) level of statistical aggregation, and 44 percent if measured at a coarser (3-digit) level of statistical aggregation. The observed steady growth in global intra-industry trade since the early 1960s suggests a process of world-wide structural convergence: economies are becoming more similar over time in terms of their sectoral compositions. In particular since the 1990s, this trend appears to be driven to a significant extent by the international fragmentation of vertical production chains. Intra-industry trade is a high-income and middle-income country phenomenon: African trade remains overwhelmingly of the inter-industry type. Moreover, the observed increase in intra-industry trade was not accompanied by a comparable increase in marginal intra-industry trade, suggesting that trade-induced adjustment pressures remain potentially important.
Subfields: Economics and Econometrics, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/9e6c87b9274cc3bd64cfc058cc05c8088c6685da
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- In Song Kim
- T. Bernauer
- Arvind Subramanian
- Dustin Tingley
- M. Kessler
- Helen V. Milner
- Gabriele Spilker
- Dani Rodrik
In Strategy and Management
- In Song Kim
- Dustin Tingley
- Arvind Subramanian
- T. Bernauer
- M. Kessler
- Helen V. Milner
- Dani Rodrik
- Engelbert Stockhammer
Citations in the corpus
- Supply-Chain Trade: A Portrait of Global Patterns and Several Testable Hypotheses (2013, unknown): “Source: left: Amador and Cabral (2006); right: Brülhart (2009).”
- The Hyperglobalization of Trade and Its Future (2013, background): “In fact, since the 1990s, this share of intraindustry trade has stabilized (Brülhart 2009).”
- The Charmed Life of Superstar Exporters: Survey Evidence on Firms and Trade Policy (2017, background): “The first of these is the discovery that intra-industry trade, where a country both imports and exports a good at the same time, is widespread (Grubel and Lloyd, 1971; Brülhart, 2009).”