TY  - JOUR
AB  - 1982 US intra‐industry trade (IIT) for 308 four‐digit manufacturing
products is related to industry characteristics in a cross‐section
regression study of the sources of two‐way trade. Results indicate the
empirical relevance of models which present IIT as the result of
international external economies in the production of differentiated
producers goods. IIT as a means of satisfying consumers′ tastes for
variety does not seem to be important, but oligopoly models of two‐way
trade in consumer goods are supported owing to the association with
concentration ratios. In contrast to recent studies which concluded that
scale economies inhibit IIT in manufactured products, an examination of
four different proxies for internal economies reveals that neither IIT
nor inter‐industry trade based on comparative advantage is influenced
significantly by scale effects, whether measured by size of
establishment or by the productivity advantages of large plants.
VL  - 18
IS  - 4
SN  - 0144-3585
DO  - 10.1108/EUM0000000000155
UR  - https://doi.org/10.1108/EUM0000000000155
AU  - Farrell Michael J.
PY  - 1991
Y1  - 1991/01/01
TI  - Industry Characteristics and Scale Economies as Sources of
Intra‐industry Trade
T2  - Journal of Economic Studies
PB  - MCB UP Ltd
Y2  - 2024/04/25
ER  -