Intraindustry Specialization and Trade in Intermediate Goods

Abstract

최근의 實證的 硏究 결과는 産業內 貿易이 주로 中小企業에 의해 주문생산되는 中間財에서 이루어지고 있음을 보인다. 이는 産業內 貿易이 소비자의 다양한 기호를 맞추기 위한 消費財의 상호교환으로 보는 기존의 生産物分化-規模 經濟모델과 상치하고 있다. 본 연구는 왜 産業內 貿易이 최종 소비재가 아닌 中間財에서 발생하고 있는가를 理論的으로 설명하고 또한 産業內 貿易이 보호무역정책에 미치는 영향을 分析하고 있다.

Recent empirical studies have found consistent evidence that intraindustry trade is dominated by cross-flows of intermediate goods produced using non-standardized techniques of production by small scale firms on a made-to-order basis. These findings are inconsistent with the prevaling product differentiation-cum-scale economies model that characterized intraindustry trade as the cross-hauling of differentiated consumer goods to satisfy consumer tastes for vairety. This paper attempts to provide an explanation of why intermediate goods rather than finished manufactures move so freely across international borders. It also analyzes the effect of intraindustry trade on protectionist pressures.

Recent empirical studies have found consistent evidence that intraindustry trade is dominated by cross-flows of intermediate goods produced using non-standardized techniques of production by small scale firms on a made-to-order basis. These findings are inconsistent with the prevaling product differentiation-cum-scale economies model that characterized intraindustry trade as the cross-hauling of differentiated consumer goods to satisfy consumer tastes for vairety. This paper attempts to provide an explanation of why intermediate goods rather than finished manufactures move so freely across international borders. It also analyzes the effect of intraindustry trade on protectionist pressures.