VBLN Repository

Static and dynamic analysis of intra-industry trade of BRICS countries

Show simple item record

dc.contributor.author LOHANI, Kuldeep Kumar
dc.date.accessioned 2021-05-24T15:04:20Z
dc.date.available 2021-05-24T15:04:20Z
dc.date.issued 2020
dc.identifier.uri https://vbudspace.lsdiscovery.in/xmlui/handle/123456789/37
dc.description.abstract In this article, we tried to estimate Intra-Industry Trade among the BRICS countries. IIT calculated by employing Grubel and Lloyd IIT Index for static analysis and Thom and McDowell (1999) MIIT index for dynamic analysis. Additionally, the decomposition of IIT carried out to distinguish between Horizontal and Vertical IIT. The unit of analysis selected at one- digit and two-digit SITC Industry level for GL IIT index, Further, to conduct MIIT analysis, industry is defined at two-digit-SITC level data by aggregating four-digit SITC sub-industry level data of IIT of BRICS countries. Further, study analysed the Pre and Post-BRICS trade pattern of IIT. Therefore, this study emphasises that do emerging economies IIT among themselves? On the basis of estimated results of this study revealed that IIT occurs at higher level of aggregation. This signifies that developing countries are trading in the same Industry for love for variety and cost effectiveness. Hence, the empirical result contradicts conventional Krugman (1979, 1985) hypothesis of IIT trade takes place in developed nations (industrialist nations). This implies that BRICS countries should focus on opportunities of trade complementary of intermediates products. This will enhance cost effectiveness of product development or production. Further, this will promote innovation in the BRICS region. To achieve this, countries needs to conduct constructive trade dialog among the BRICS countries en_US
dc.language.iso en en_US
dc.publisher Theoretical and Applied Economics en_US
dc.relation.ispartofseries Volume;XXVII
dc.relation.ispartofseries No;4(625)
dc.relation.ispartofseries Page No.;107-130
dc.subject ntra industry trade, marginal intra industry trade, Grubel and Lloyd index, Thom and McDowell index, BRICS en_US
dc.title Static and dynamic analysis of intra-industry trade of BRICS countries en_US
dc.title.alternative Theoretical and Applied Economics en_US
dc.type Article en_US


Files in this item

This item appears in the following Collection(s)

Show simple item record

Search VBLN


Browse

My Account