Original scientific paper
INTRA-INDUSTRY TRADE IN THE MEDICAL AND OPTICAL INSTRUMENTS INDUSTRY: A PANEL DATA ANALYSIS
Nuno Carlos Leitão
Horácio Crespo Faustino
Abstract
This paper analyses the determinants of intra-industry trade (IIT) in the Portuguese medical and optical sector using a static and dynamic panel data analysis. The results suggest that IIT in medical and optical instruments occurs more frequently among countries that are similar in terms of relative factor endowments and are members of the same regional integration agreement. Moreover, this trade increases if the partners are geographically close.
Keywords
Intra-industry trade; Dynamic Panel Data; Panel unit root test
Hrčak ID:
104030
URI
Publication date:
1.6.2013.
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