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New Aspects of Intra‐industry Trade in EU Countries
Author(s) -
Ito Tadashi,
Okubo Toshihiro
Publication year - 2012
Publication title -
the world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.594
H-Index - 68
eISSN - 1467-9701
pISSN - 0378-5920
DOI - 10.1111/j.1467-9701.2012.01476.x
Subject(s) - china , international trade , economics , international economics , commodity , eu countries , european union , intra industry trade , trade barrier , political science , market economy , law
This paper discusses some new evidence on intra‐industry trade (IIT). In particular, we focus on EU trade with Eastern European countries, using trade data at the harmonised commodity description and coding system (HS) eight‐digit product level for the period 1988–2010. Our findings include Eastern European countries’ rise up the quality ladder, and by contrast, the substantially lower prices of China’s exports to EU countries vis‐à‐vis China’s imports from them. The contrast between EU trade with Eastern European countries and with China is present even in recent years.