Identifying appropriate trade policies for Expansion of intra industry trade
Author(s):
Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
The purpose of this study is to explain the appropriate Trade policies through understanding the intra-industry trade relations of the selected countries. While considering bilateral and multilateral trade relation, 20 countries were selected to investigate the nature of trade relationship between them in short and long run. For the purpose of this paper a dynamic panel data was estimated for the 2001-2015. Contrary to the results of the Goldstein-Khan study, The results indicate that the elasticity of trade with respect to other countries output is lower in short run than the long run elasticity. The results also indicate that the effect of the real exchange rate on multilateral export is greater than on the multilateral import. The impact of the GNP change of exporting and importing countries on expansion of trade between countries is the same. Finally, the results did not confirm the phenomenon j in the equation of nominal trade balance.
Keywords:
Language:
Persian
Published:
Journal of Industrial Economics Research, Volume:6 Issue: 21, 2023
Pages:
67 to 81
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