The document discusses various metrics for measuring intra-industry trade, including the Grubel-Lloyd index. It provides examples of intra-industry trade between the Philippines and Japan in 1998 across various industries. It also examines the intra-industry trade index values of different countries from 1988-2000 and explores explanations for intra-industry trade such as economies of scale and variety in demand.
4. GL index (or IIT index) X M X M X M IIT=1 IIT=0 IIT=0.33
5. GL index (or IIT index) The intra-industry trade index of home country with a country j for an industry i is: The intra-industry trade index of home country with a country j is: where
6. IIT index (or GL index) of selected countries 1988-91 1992-95 96-2000 High and increasing IIT Czech Republic n.a 66.3 77.4 Slovak Republic n.a 69.8 76 Mexico 62.5 74.4 73.4 Hungary 54.9 64.3 72.1 Germany 67.1 72 72 United States 63.5 65.3 68.5 Poland 56.4 61.7 62.6 Portugal 52.4 56.3 61.3 High and stable IIT France 75.9 77.6 77.5 Canada 73.5 74.7 76.2 Austria 71.8 74.3 74.2 UK 70.1 73.1 73.7 Switzerland 69.8 71.8 72 Belgium-Luxembourg 77.6 77.7 71.4 Spain 68.2 72.1 71.2 Netherlands 69.2 70 68.9 Sweden 64.2 64.6 66.6 Denmark 61.6 63.4 64.8 Italy 61.6 64 64.7 Ireland 58.6 57.2 54.6 Finland 53.8 53.2 53.9 Low and increasing IIT Korea 41.4 50.6 57.5 Japan 37.6 40.8 47.6 Low and stable IIT New Zealand 37.2 38.4 40.6 Turkey 36.7 36.2 40 Norway 40 37.5 37.1 Greece 42.8 39.5 36.9 Australia 28.6 29.8 29.8 Iceland 19 19.1 20.1
19. Intra-industry trade index Source: C. Fred Bergsten, Takatoshi Ito, and Marcus Noland (2001). No More Bashing . Institute of International Economics, Table 4.2. 0.43 0.28 South Korea 0.59 0.59 United Kingdom 0.50 0.56 Germany 0.62 0.55 United States 0.36 0.26 Japan 1997 1990
24. Korea’s Case Source: 오근엽 , 주혜영 (2000) “ 한국의 수평적ㆍ수직적 산업내무역과 국가특성 : OECD 국가와의 무역을 중심으로” , 국제통상연구 제 5 권 제 1 호
25. Korea’s IIT index 18.11 10.30 Italy 21.11 14.52 France 16.49 10.07 Germany 25.17 16.19 UK 33.00 26.25 Japan 44.16 26.55 US 14.76 8.15 Belgium-L 14.59 7.88 Denmark 9.63 7.40 Netherlands 10.19 7.61 Canada 12.73 7.61 Swiss 13.70 7.84 Finland 1997 1994 대상국 4.70 4.74 Norway 5.18 5.28 Austria 3.57 4.32 Ireland 5.67 5.62 Australia 6.02 6.14 Spain 6.24 6.39 Sweden 2.73 2.04 N. Zealand 2.64 1.94 Mexico SITC 5 digit 0 0.41 Greece 0.43 0.69 Iceland 2.33 1.49 Portugal 1997 1994 대상국
26. Korea’s HIIT & VIIT index 10.1 1.4 6.5 0.9 89.8 13.0 93.4 13.5 14.5 France 10.3 1.6 6.4 1.0 89.6 14.5 93.5 15.1 16.1 UK 14.9 3.9 9.3 2.4 85.0 22.3 90.6 23.7 26.2 Japan 12.1 3.2 7.5 1.9 87.8 23.3 92.7 24.5 26.5 US share in IIT share in total share in IIT share in total share in IIT share in total share in IIT share in total a=25% a=15% a=25% a=15% HIIT VIIT Total IIT