Intraindustry specialization in production and trade in newly industrializing countries : a conceptual framework and some empirical evidence from East Asia

The paper argues that as newly industrializing countries continue on a path of industrialization-led growth and development, their pattern of manufacturing production and trade specialization tends to resemble that of the industrial countries. Consequently, the importance of intra-industry specialization in production and trade in certain manufactures increases in newly industrializing countries. This hypothesis is tested in the analysis of intra-industry trade in manufactures of East Asian newly industrializing countries. (DÜI-Sen)