外文翻译原文--发展中国家和美国之间产业内贸易的决定因素.pdfVIP

外文翻译原文--发展中国家和美国之间产业内贸易的决定因素.pdf

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JOURNAL OF ECONOMIC DEVELOPMENT Volume 24, Number 2, December 1999 Determinants of Intra-Industry Trade Between Developing Countries and the United States * Don P. Clark and Denise L. Stanley 1 This study identifies country and industry-level determinants of intra-industry trade (IIT) between the United States and developing countries. IIT is found to decline with greater differences in relative factor endowments. Economic size and trade orientation of the developing country influence IIT in a positive way. Distance exerts a negative effect on IIT. Results show IIT occurs in nonstandard, made-to-order, vertically differentiated, labor intensive products produced by large globally integrated industries. No support is provided for the role of scale economies in determining North-South IIT. Theoretical and empirical models of North-South trade should focus on sources of IIT related to country characteristics, vertical product differentiation based on quality differences, the degree of product standardization, and labor cost differences between the North and South. I. Introduction Considerable research effort has been devoted to identifying determinants of intra- industry trade - the simultaneous import and export of goods falling under the same industry classification. Studies using a cross-section of industries have emphasized determinants of IIT relating to scale economies, product differentiation, and imperfect competition.

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