Submitting Campus

Daytona Beach

Department

Economics, Finance, & Information Systems

Document Type

Article

Publication/Presentation Date

2008

Abstract/Description

This paper aims to measure the level of intra-industry trade with special focus on vertical and horizontal intra-industry trade (IIT) in United State's foreign trade with Caribbean countries. One of the main findings is that the observed increase in intra-industry trade between the United States and Caribbean is almost entirely due to two-way trade in vertical differentiation. The second important finding is that the level of per capita income, trade intensity, product differentiation, industry size, and product quality differences are found to affect the shares of all three types of IIT positively.

Publication Title

Southwestern Economic Review

Publisher

West Texas A&M University

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