Frontiers of Research in Intra-Industry Trade

MARY AMITI Departments of Economics, University of Melbourne DANIEL M. BERNHOFEN Department of Economics, Clark University, USA MARIUS BRA LHART University of Lausanne, Switzerland KAROLINA EKHOLM Stockholm School of Economics, Sweden LIONEL FONTAGNAe Centre d'Etudes Prospectives et d'Informations Internationales (CEPII), Paris MICHAEL FREUDENBERG Directorate for Science, Technology and Industry (DSTI), OECD, Paris KIICHIRO FUKASAKU OECD Development Centre, Paris DAVID GREENAWAY Leverhulme Centre for Research on Globalization and Economic Policy, University of Nottingham, UK HERBERT GRUBEL Fraser Institute, Vancouver, B.C. Canada RONALD W. JONES Department of Economics, University of Rochester, USA HENRYK KIERZKOWSKI Graduate Institute of International Studies, Geneva, Switzerland FUKUNARI KIMURA Keio University, Japan GREGORY LEONARD The Brattle Group, Washington DC, USA JAMES R. MARKUSEN Department of Economics, University of Colorado, Boulder, USA KEITH E. MASKUS Department of Economics, University of Colorado, Boulder, USA CHRIS MILNER Leverhulme Centre for Research on Globalization and Economic Policy, University of Nottingham, UK NICOLAS SCHMITT Department of Economics, Simon Fraser University, Canada TONY VENABLES London School of Economics, UK ZHIHAO YU Leverhulme Centre for Research on Globalization and Economic Policy, University of Nottingham, UK

An agenda-setting contribution to the field of intra-industry trade. Lloyd and Hyun-Hoon Lee have assembled an international cast of contributors to offer a selection of models examining the nature of intra-industry trade in several new areas of trade theory, in addition to empirical studies and analysis of much new data in trade patterns.An agenda-setting contribution to the field of intra-industry trade. P.J. Lloyd and Hyun-Hoon Lee have assembled an international cast of contributors to offer a selection of models examining the nature of intra-industry trade in several new areas of trade theory, in addition to empirical studies and analysis of much new data in trade patterns. This volume provides an authoritative new treatment of the theory, measurement and testing of the subject of intra-industry trade.