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Intra-industry trade

 
 
Reply Sat 17 Dec, 2016 12:00 pm
Hi,

Can anyone clearly and in detail explain to me about intra-industry trade and more specific the Grubel-Lloyd index? I know how to calculate the index, but I mean what is the actual meaning when it is higher to one or zero?
Which factors influence intra-industry trade?
Why is it important for economics?

Thanks!
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cicerone imposter
 
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Reply Sat 17 Dec, 2016 03:48 pm
@edwardvdp,
Study Boeing Airplane Company. They're a good example of intra-industry trade.
https://books.google.com/books?id=kfO8BAAAQBAJ&pg=PA62&lpg=PA62&dq=boeing+and+intra+industry+trade&source=bl&ots=pYW5W-FAzm&sig=Ji1--NwbmGiNWBOliH2gEQpFJCk&hl=en&sa=X&ved=0ahUKEwiBkpCom_zQAhVG82MKHVesCrMQ6AEIGjAA#v=onepage&q=boeing%20and%20intra%20industry%20trade&f=false

http://paik.cau.ac.kr/xe/?module=file&act=procFileDownload&file_srl=1898190&sid=cfd8ea715e3bd81e7c51ede9bd74b9cc
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