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Journal of Economic Integration 2004 December;19(4) :651-666.
DOI: https://doi.org/10.11130/jei.2004.19.4.651
Economic Integration and the Evolution of Trade: A Geometric Interpretation of Trade Measures

Abdul K.M. Azhar Robert J.R. Elliott 

Universiti Putra Malaysia
University of Manchester
Copyright ©2004 Journal of Economic Integration
ABSTRACT

The increase in global trade and the ongoing erosion of trade barriers makes the analysis of trade patterns one of the key areas in international economics. Much of the post-war expansion of trade took the form of intra-industry trade (IIT). This paper presents a simple geometric tool to analyse trade patterns specifically inter and intra-industry trade and the compatibility between levels and measures of IIT. The applicability our methodology is demonstrated using the UKs trade experience during the critical period of EU integration 1988-1997.

JEL Classification: F19

Keywords: globalisation | international trade | intra-industry trade
 
REFERENCE
1. Brülhart, M. and Hine, R.C. (1999) Intra industry Trade and Industrial Adjustment: The European Experience. London. Macmillan
2. Greenaway, D. and Milner, C.R. (1986), The Economics of Intra-Industry Trade. Basil Blackwell. Oxford.
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