Intra-Industry Trade of Arab Countries: An Indicator of Potential Competitiveness

27 Pages Posted: 6 Nov 1997

See all articles by Oleh Havrylyshyn

Oleh Havrylyshyn

Carleton University

Peter Kunzel

International Monetary Fund (IMF)

Date Written: April 1997

Abstract

Recent and ongoing agreements to liberalize trade between the European Union (EU) and Arab countries raises the question as to how the latter will fare in a more competitive environment. This paper uses the Grubel-Lloyd intra-industry trade (IIT) index as an indicator of the degree of industrial specialization to study Arab countries’ ability to compete in a more open trade setting. It concludes that whereas increased specialization has been achieved over the last decade in Arab countries, IIT remains low not only in absolute terms, but even in a cross-country comparison, when normalized for the level of development.

Keywords: WP, IIT level, IIT index, IIT determinant, industry trade, IIT indices, IIT regression, Exports, Trade liberalization, Manufacturing, Trade balance, Personal income, Global, Western Hemisphere

JEL Classification: C21, F10, F13, L60, F14, D31

Suggested Citation

Havrylyshyn, Oleh and Kunzel, Peter, Intra-Industry Trade of Arab Countries: An Indicator of Potential Competitiveness (April 1997). IMF Working Paper No. 1997/047, Available at SSRN: https://ssrn.com/abstract=3923355

Oleh Havrylyshyn (Contact Author)

Carleton University

1125 colonel By Drive
Ottawa, Ontario K1S 5B6
Canada

Peter Kunzel

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
400
Abstract Views
2,862
Rank
143,971
PlumX Metrics