A Test of Linder Hypothesis for NICs` Trade

• 영문명: A Test of Linder Hypothesis for NICs` Trade
• 발행기관: 국제지역학회
• 저자명: 강명주 ( Myeong Joo Kang )
• 간행물 정보: 『국제지역학회 학술대회자료집』2007년 춘계학술발표논문집, 383~398쪽, 전체 16쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2007.03.31

영문 초록

The study examines the validity of the Linder hypothesis from the perspective of NICs`(Korea, Singapore, Taiwan and Hong Kong) trade with the trading partners for the period 1980-1999. The analysis employs the per capita income differential as a determinant of trade patterns among trade partners and presents evidence in support of the Linder hypothesis. The findings imply that these countries trade more intensively with other countries that have similar per capita income levels, as predicted by Linder. The study also reveals that the Linder hypothesis is relatively stronger in Hong Kong and Singapore than in Korea and Taiwan, which might be related to recent globalization pressures. The study results also show that the sum of the per capita income for the exporting and importing countries and the coefficients of distance have the expected signs and are statistically significant.

키워드

Linder Hypothesis NICs Gravity Model Per Capita Income Income Convergence