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This means for example the Country in consideration Exports the same quantity of good i as much as it Imports. Conversely, if GL i = 0, there is no intra-industry trade at all. This would mean that the Country in consideration only either Exports or only Imports good i .
For a very simple example, it could be argued that although a BMW and a Ford are both motor cars, and although a Budweiser and a Heineken are both beers, they are really all different products. Various indexes of IIT have been created, including the Grubel–Lloyd index , the Balassa index , the Aquino index , the Bergstrand index and the ...
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Grubel has published 27 books and more than 130 professional articles in economics, dealing with international trade and finance and a wide range of economic policy issues. One of his most important contributions to international economics is the Grubel–Lloyd index , which measures intra-industry trade of a particular product.
Authorities have identified the man who assaulted and killed a Washington woman 36 years ago, and they used DNA to solve the case. Fishermen found a body on Aug. 28, 1988, according to the Pierce ...
The Marshall-Edgeworth index, credited to Marshall (1887) and Edgeworth (1925), [11] is a weighted relative of current period to base period sets of prices. This index uses the arithmetic average of the current and based period quantities for weighting. It is considered a pseudo-superlative formula and is symmetric. [12]
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Grubel or Grübel is a surname. Notable people with the surname include: Notable people with the surname include: Herb Grubel (born 1934), Canadian politician