Quarterly Journal of Austrian Economics
Production Structure in the Context of International Trade
Volume 11, No. 1 (2008)
This paper deals with the recent empirical phenomenon of intra-industry trade, i.e., trade in similar goods between similar countries. It treats this phenomenon from the point of view of the theory of the structure of production, highlighting the importance of the sequential nature of production and heterogeneity and specificity of factors of production, as developed by Carl Menger, Eugen von Böhm-Bawerk and their followers of the Austrian School of economics.
Cite This Article
Kollar, Miroslav. "Production Structure in the Context of International Trade." The Quarterly Journal of Austrian Economics 11, No. 1 (2008): 18–42.