Fragmentation, Vertical Intra-Industry Trade, and Automobile components
Autor(a) principal: | |
---|---|
Data de Publicação: | 2010 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.15/80 |
Resumo: | By analyzing vertical intra-industry trade (VIIT) within Portugal's automobile parts and components industry, this study adds new empirical evidence for the international fragmentation of the production process. For trade partner countries, we choose the EU countries, the BRICs, and the US during the period 1995 to 2005. From panel data analysis, the empirical evidence supports the notion that shorter geographical distance, dissimilar income levels, and dissimilar endowments between two economies lead to a higher VIIT of automobile components. In addition, our results also confirm the hypothesis that automobile (assembly) production in each country promotes higher VIIT of auto parts, while economic integration in the style of the European Union and similarity in culture do not magnify the VIIT of the parts and components industry. We conclude that income differences between trade partner countries are an important driver via the international fragmentation of production of a higher VIIT. However, a call for a geographically closer vertical linkage by the agglomeration effect for large domestic automobile production leads a firm to keep the entire production process within a country and may deter this income-difference effect. |
id |
RCAP_15156a41f0a459f9bf57f937d75908d0 |
---|---|
oai_identifier_str |
oai:repositorio.ipsantarem.pt:10400.15/80 |
network_acronym_str |
RCAP |
network_name_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository_id_str |
7160 |
spelling |
Fragmentation, Vertical Intra-Industry Trade, and Automobile componentsIntra-industry tradeFragmentationAutomobile componentsPortugalBy analyzing vertical intra-industry trade (VIIT) within Portugal's automobile parts and components industry, this study adds new empirical evidence for the international fragmentation of the production process. For trade partner countries, we choose the EU countries, the BRICs, and the US during the period 1995 to 2005. From panel data analysis, the empirical evidence supports the notion that shorter geographical distance, dissimilar income levels, and dissimilar endowments between two economies lead to a higher VIIT of automobile components. In addition, our results also confirm the hypothesis that automobile (assembly) production in each country promotes higher VIIT of auto parts, while economic integration in the style of the European Union and similarity in culture do not magnify the VIIT of the parts and components industry. We conclude that income differences between trade partner countries are an important driver via the international fragmentation of production of a higher VIIT. However, a call for a geographically closer vertical linkage by the agglomeration effect for large domestic automobile production leads a firm to keep the entire production process within a country and may deter this income-difference effect.Economics BulletinRepositório Científico do Instituto Politécnico de SantarémLeitão, Nuno CarlosFaustino, Horácio C.Yoshida, Yushi2010-06-14T10:31:42Z2010-04-132010-04-13T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.15/80engLEITÃO, Nuno Carlos ; FAUSTINO, Horácio C. ; Yoshida, Yushi - Fragmentation, Vertical Intra-Industry Trade, and Automobile components. Economics Bulletin. Vol. 30, no. 2, p. 1006-1015info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-21T07:28:34Zoai:repositorio.ipsantarem.pt:10400.15/80Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T01:52:47.573357Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Fragmentation, Vertical Intra-Industry Trade, and Automobile components |
title |
Fragmentation, Vertical Intra-Industry Trade, and Automobile components |
spellingShingle |
Fragmentation, Vertical Intra-Industry Trade, and Automobile components Leitão, Nuno Carlos Intra-industry trade Fragmentation Automobile components Portugal |
title_short |
Fragmentation, Vertical Intra-Industry Trade, and Automobile components |
title_full |
Fragmentation, Vertical Intra-Industry Trade, and Automobile components |
title_fullStr |
Fragmentation, Vertical Intra-Industry Trade, and Automobile components |
title_full_unstemmed |
Fragmentation, Vertical Intra-Industry Trade, and Automobile components |
title_sort |
Fragmentation, Vertical Intra-Industry Trade, and Automobile components |
author |
Leitão, Nuno Carlos |
author_facet |
Leitão, Nuno Carlos Faustino, Horácio C. Yoshida, Yushi |
author_role |
author |
author2 |
Faustino, Horácio C. Yoshida, Yushi |
author2_role |
author author |
dc.contributor.none.fl_str_mv |
Repositório Científico do Instituto Politécnico de Santarém |
dc.contributor.author.fl_str_mv |
Leitão, Nuno Carlos Faustino, Horácio C. Yoshida, Yushi |
dc.subject.por.fl_str_mv |
Intra-industry trade Fragmentation Automobile components Portugal |
topic |
Intra-industry trade Fragmentation Automobile components Portugal |
description |
By analyzing vertical intra-industry trade (VIIT) within Portugal's automobile parts and components industry, this study adds new empirical evidence for the international fragmentation of the production process. For trade partner countries, we choose the EU countries, the BRICs, and the US during the period 1995 to 2005. From panel data analysis, the empirical evidence supports the notion that shorter geographical distance, dissimilar income levels, and dissimilar endowments between two economies lead to a higher VIIT of automobile components. In addition, our results also confirm the hypothesis that automobile (assembly) production in each country promotes higher VIIT of auto parts, while economic integration in the style of the European Union and similarity in culture do not magnify the VIIT of the parts and components industry. We conclude that income differences between trade partner countries are an important driver via the international fragmentation of production of a higher VIIT. However, a call for a geographically closer vertical linkage by the agglomeration effect for large domestic automobile production leads a firm to keep the entire production process within a country and may deter this income-difference effect. |
publishDate |
2010 |
dc.date.none.fl_str_mv |
2010-06-14T10:31:42Z 2010-04-13 2010-04-13T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.15/80 |
url |
http://hdl.handle.net/10400.15/80 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
LEITÃO, Nuno Carlos ; FAUSTINO, Horácio C. ; Yoshida, Yushi - Fragmentation, Vertical Intra-Industry Trade, and Automobile components. Economics Bulletin. Vol. 30, no. 2, p. 1006-1015 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Economics Bulletin |
publisher.none.fl_str_mv |
Economics Bulletin |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
_version_ |
1799137018495631360 |