The intra-industry trade of Mexico with its main trading partners
DOI:
https://doi.org/10.24201/ee.v11i1.260Keywords:
intraindustry trade, Harmonized System, free trade, MexicoAbstract
This article analyzes the degree of intraindustry trade of Mexico with its main trading partners, on the basis of official data at the 4-digit level of the Harmonized System for the years 1990-1995. Data are presented per region and product. It is found that this type of trade represents over 40% of Mexico's total foreign trade. The analysis reveals a correlation between the volume of trade and the degree of intraindustry trade, and establishes a positive relation between the latter indicator and the existence of free trade agreements. A formula is introduced to calculate the triangulation of trade.
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