Australia's bilateral intra-industry trade in textiles and clothing

摘要: Australia’s share of intra-industry trade (IIT) in its total textiles and clothing (TAC) is one the lowest among OECD countries. However, over recent years there has been a rising trend IIT some categories TAC products. The purpose this paper is to analyse extent determinants bilateral TAC. Grubel-Lloyd index used measure IIT, econometric models are developed estimated using Tobit model estimation procedure with eleven major partner findings from for indicate that, as expected, of Australia’s increases expanding average market size, per capita income, openness, greater participation trading agreements between Australia partners. in textiles decreases increasing differences income distance Contrary expectations, capital labour ratio seems reduce bilateral IIT textiles. results reveal agreements, while it difference in contrast