A CROSS-SECTION ANALYSIS OF THE INTRA-INDUSTRY TRADE IN THE U.S. PROCESSED FOOD AND BEVERAGE SECTORS

This paper analyzes the determinants of variation across industries in levels of intra-industry trade (IIT) for a sample of thirty-six U.S. processed food and beverage industries in 1987, previous studies of intra-industry trade having focused on industry characteristics in the manufacturing sectors. The determinants predicted by IIT theory are measures of product differentiation, economies of scale, and imperfect competition; the results of this analysis indicate that IIT variation across the food and beverage industries is positively related to product differentiation, economies of scope, and similarity of tariff barriers among trade partners, but negatively related to industry concentration.


Issue Date:
1993-10
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/31555
Published in:
Agricultural and Resource Economics Review, Volume 22, Number 2
Page range:
189-198
Total Pages:
10




 Record created 2017-04-01, last modified 2017-04-04

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