{"id":267689,"date":"2024-12-28T21:56:42","date_gmt":"2024-12-28T21:56:42","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/12\/28\/intra-industry-trade-estimated-econbrowser\/"},"modified":"2025-06-25T17:09:54","modified_gmt":"2025-06-25T17:09:54","slug":"intra-industry-trade-estimated-econbrowser","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/12\/28\/intra-industry-trade-estimated-econbrowser\/","title":{"rendered":"Intra-industry Trade Estimated | Econbrowser"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-55044\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p><a href=\"https:\/\/econbrowser.com\/archives\/2024\/12\/when-econ-101-isnt-enough-oren-cass-on-trade\">Oren Cass<\/a> argues the idea of comparative advantage driving trade is outdated. I agree to a certain extent, but he doesn\u2019t explain why. I\u2019d say intra-industry trade (IIT) \u2013 a staple of academic research since the 1980s \u2013 is one reason, but that does not provide justification for protection. In fact, his ignorance of IIT suggests his case for protectionism is ill-founded.<\/p>\n<p>How much intra-industry trade is there? Some recent estimates from Czarny, El\u017cbieta &amp; Folfas, Pawel &amp; Szarek-Piaskowska, Aleksandra. (2024). Intra-industry trade: a portrait of global patterns during 2000-2022.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/12\/intraindustrytrade_g7.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-55045\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/12\/intraindustrytrade_g7.png\" alt=\"\" width=\"1053\" height=\"778\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/12\/intraindustrytrade_g7.png 1053w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/12\/intraindustrytrade_g7-300x222.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/12\/intraindustrytrade_g7-1024x757.png 1024w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/12\/intraindustrytrade_g7-768x567.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/12\/intraindustrytrade_g7-624x461.png 624w\" sizes=\"(max-width: 1053px) 100vw, 1053px\"\/><\/a><\/p>\n<p><em><strong>Source:<\/strong> <a href=\"https:\/\/www.researchgate.net\/profile\/Pawel-Folfas\/publication\/382591248_Intra-industry_trade_a_portrait_of_global_patterns_during_2000-2022\/links\/66a3e9844433ad480e7ec3ad\/Intra-industry-trade-a-portrait-of-global-patterns-during-2000-2022.pdf\">Czarny et al. (2024)<\/a>.<\/em><\/p>\n<p>The US share has gone down a bit since 2018, perhaps due to export controls (although that\u2019s conjecture on my part). Even then, IIT accounts for over a quarter of total US trade.<\/p>\n<p>See also <a href=\"https:\/\/www.linkedin.com\/pulse\/how-where-did-intra-industry-trade-emerge-richard-baldwin-ed4he\/\">Richard Baldwin<\/a>\u2018s recounting of IIT over time.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/12\/intra-industry-trade-estimated\" title=\"1:25 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-12-28T13:25:50-08:00\">December 28, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/12\/intra-industry-trade-estimated\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Oren Cass argues the idea of comparative advantage driving trade is outdated. I agree to a certain extent, but he doesn\u2019t explain why. I\u2019d<\/p>\n","protected":false},"author":1,"featured_media":267690,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/267689"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=267689"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/267689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/267690"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=267689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=267689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=267689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}