Analysis of Trade Patterns and Duration: Evidence from Food Industries between the OECD Countries

• Main Authors: Yung-Hsuan Lin, 林詠萱
• Other Authors: 張國益
• Format: Others
• Language: en_US
• Published: 2015
• Online Access: http://ndltd.ncl.edu.tw/handle/9k5wj2

碩士 === 國立中興大學 === 應用經濟學系所 === 103 === By using survival analysis, this study explores the duration of intra-industry trade patterns in the food industries of OECD countries. The food industry is highly dynamic and OECD countries are major importers and consumers of food. However, exploration into the dynamic trade patterns in the food industries of OECD countries is scarce. Most previous studies of trade and survival duration suggest that differentiated products have relatively long survival duration. This study conducts a survival rates on food trade patterns among OECD countries and explores whether different survival conditions exist in different food industries. By applying the survival determinants (Cox proportional hazards model), this study examines the effects and economic significance of consumption on the survival rate of various trade patterns at the industry level. This study finds an important policy implication that the stability of horizontal intra industry trade on the survival duration is driven by consumption in food industry of OECD countries. Recently, there has been significant regional economic integration worldwide, as reflected in the integration of the regional food supply chain. Therefore, this study suggests that policies that support horizontal intra-industry trade within the food industry should be pursued to avoid instability in the duration of trade and in the global supply chain, as caused by the severe employment adjustments associated with traditional comparative advantage.