This paper contributes to the literature on intra-industry trade (IIT) by disentangling such trade into horizontally and vertically differentiated products, and investigating their determinants in the context of trade liberalization in Australia. IIT in Australian manufacturing has increased...

Using a translog stochastic production frontier and maximum likelihood econometric methods, we estimate and model the determinants of firm level efficiency in the Nepalese context. Our results are broadly in line with theoretical expectations. We find that large firms are more efficient and that...

Foreign direct investment (FDI) has played a pivotal role in the transformation of the Chinese economy. It is the largest host of FDI among the developing world, attracting over one-third of total world investment. China’s success in attracting FDI appears to have been linked with its...

This article presents an analysis of the trends and patterns of foreign direct investment (FDI) in Mongolia, a former centrally planned economy which embarked on economic reforms in 1990. Since then, there has been a dramatic increase in FDI inflow into the country. The volume of FDI rose from...

This article investigates the effects of policy liberalization on structural change in the Australian automotive industry, with a focus on trade and productivity performance. While there has been a rise in exports and imports, productivity fell significantly following policy liberalization. The...

Foreign direct investment (FDI) has contributed significantly to the transformation of the Malaysian economy, as reflected by the changing composition of its exports and the rising share of FDI in gross fixed capital formation (GFCF). By the late 1990s, Malaysia ranked third after Singapore and...

This paper contributes to the literature on the role of foreign direct investment and vertical specialisation in China’s growth trajectory. Globalisation of the world economy, together with well-developed physical infrastructure, and falling costs of transport and communications, has led to a...

The debate about the effects of globalization on poverty and inequity has attracted public attention in recent years in both developed and developing countries. While globalization has contributed to a rapid expansion in world output and trade, poverty remains a major development challenge,...

Most studies of intra-industry trade (IIT) in manufacturing exclude the processed food sub-sector (standard international trade classification (SITC) subgroups 0-1) from their analysis on the grounds that trade in this category is predominantly determined by the availability of natural resources...