Abstract
This paper investigates novel determinants of intra-industry trade (IIT) of late 1990s Japanese trade. Our empirical analysis shows that IIT is increased not only by the similarity of GDP and factor endowment but also by technology transfer via Japanese FDI. In particular, the current high proportion of Japanese IIT with Asian countries can be explained by technology transfer (licensing between headquarters and overseas affiliates) via FDI.
| Original language | English |
|---|---|
| Pages (from-to) | 1855-1876 |
| Number of pages | 22 |
| Journal | World Economy |
| Volume | 30 |
| Issue number | 12 |
| DOIs | |
| Publication status | Published - 2007 Dec |
| Externally published | Yes |
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ASJC Scopus subject areas
- Finance
- Accounting
- Economics and Econometrics
- Political Science and International Relations
Cite this
Intra-industry trade, reconsidered : The role of technology transfer and foreign direct investment. / Okubo, Toshihiro.
In: World Economy, Vol. 30, No. 12, 12.2007, p. 1855-1876.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Intra-industry trade, reconsidered
T2 - The role of technology transfer and foreign direct investment
AU - Okubo, Toshihiro
PY - 2007/12
Y1 - 2007/12
N2 - This paper investigates novel determinants of intra-industry trade (IIT) of late 1990s Japanese trade. Our empirical analysis shows that IIT is increased not only by the similarity of GDP and factor endowment but also by technology transfer via Japanese FDI. In particular, the current high proportion of Japanese IIT with Asian countries can be explained by technology transfer (licensing between headquarters and overseas affiliates) via FDI.
AB - This paper investigates novel determinants of intra-industry trade (IIT) of late 1990s Japanese trade. Our empirical analysis shows that IIT is increased not only by the similarity of GDP and factor endowment but also by technology transfer via Japanese FDI. In particular, the current high proportion of Japanese IIT with Asian countries can be explained by technology transfer (licensing between headquarters and overseas affiliates) via FDI.
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UR - http://www.scopus.com/inward/citedby.url?scp=36248929432&partnerID=8YFLogxK
U2 - 10.1111/j.1467-9701.2007.01073.x
DO - 10.1111/j.1467-9701.2007.01073.x
M3 - Article
AN - SCOPUS:36248929432
VL - 30
SP - 1855
EP - 1876
JO - World Economy
JF - World Economy
SN - 0378-5920
IS - 12
ER -