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On the measurement of changes in product quality in marginal intra-industry trade


Citation

Abdul Karim, Mohd Azhar and Elliott, Robert J. R. (2008) On the measurement of changes in product quality in marginal intra-industry trade. Review of World Economics, 144 (2). pp. 225-247. ISSN 1610-2878; ESSN: 1610-2886

Abstract

There is a long established thread of the international trade literature concerned with the measurement of intra-industry trade (IIT). Two distinct strands of the literature have developed: First, measures of marginal IIT that are concerned with the adjustment implications of volume-based changes in IIT; second, measures of vertical and horizontal IIT that are concerned with quality-based differences in IIT. This paper marries the two literatures to provide a new perspective on the smooth adjustment hypothesis debate and suggests the use of the marginal product quality index, a new measure of changes in quality in matched trade changes that complements dynamic measures of volume-based IIT.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
DOI Number: https://doi.org/10.1007/s10290-008-0145-0
Publisher: Springer
Keywords: Intra-industry trade; Adjustment costs; Quality; Product differentiation
Depositing User: Nabilah Mustapa
Date Deposited: 14 Aug 2015 12:45
Last Modified: 04 Dec 2015 03:53
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1007/s10290-008-0145-0
URI: http://psasir.upm.edu.my/id/eprint/15920
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