Grubel–Lloyd index
id:
grubel-lloyd-index-288-754413
title:
Grubel–Lloyd index
text:
The Grubel–Lloyd index measures intra-industry trade of a particular product. It was introduced by Herb Grubel and Peter Lloyd in 1971. G L i = − | X i − M i | X i + M i = 1 − | X i − M i | X i + M i ; 0 ≤ G L i ≤ 1 ;\ 0\leq GL_{i}\leq 1} where Xi denotes the export, Mi the import of good i. If GLi = 1, there is a good level of intra-industry trade. This means for example the Country in consideration Exports the same quantity of good i as much as it Imports. Conversely, if GLi = 0, there is n
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wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Grubel%E2%80%93Lloyd_index
date created:
date modified:
2019-06-22T20:55:20Z
main entity:
{"identifier":"Q1550169","url":"https://www.wikidata.org/entity/Q1550169"}
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fields total:
13
integrity:
13