Celi, Giuseppe - In: Journal of Risk and Financial Management 14 (2021) 3, pp. 1-26
. An analytical framework is proposed in which intra-industry trade is explained in terms of countries' factor endowments … assessing factor substitution effects at the product level. Inferring the factor content of intra-industry trade from the inter …-sectoral relationship between factor intensity and average unit values of exports, the paper found that the labour market effects of intra-industry …