| Titre | Commerce international et structures de marché : une vérification empirique | |
|---|---|---|
| Auteur | Nicolas Péridy, Michael Frudenberg, Lionel Fontagné | |
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Revue | Economie et prévision |
| Numéro | no 135, 1998/4 | |
| Rubrique / Thématique | L'empirique en économie industrielle |
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| Page | 147-167 | |
| Résumé anglais |
International Trade and Market Structure: An Empirical Assesment par Lionel Fontagné, Michael Freudenberg and Nicolas Péridy
A prominent share of international trade is of an intra-industry nature (cross hauling of trade flows within industries), in contrast with the classical view of international trade. However, new developments allow for a synthesis between imperfect competition and the classical framework of comparative advantage. Using this synthesis, two sets of hypotheses are tested here, concerning the value and the nature of bilateral trade flows. Gravity type equations are estimated for EU12 countries over the period 1980-94. First, new thinking about specialisation, as an outcome of increasing returns, is validated. Second, even if comparative advantages are identified as a determinant of the specialisation along quality ladders within industries, they do no longer impulse a traditional inter-industry specialisation within our sample. Finally, product differentiation is validated as a determinant of intra-industry-trade, whereas the classical link between economies of scale and IIT is validated in the case of horizontally differentiated products only. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1998_num_135_4_5931 |
