摘要：We present an analysis of the intra-industry nature of agri-food trade between Hungary and theEuropean Union, following the Association Agreement signed in 1991. A slight growth inintra-industry trade is indicated by the Grubel-Lloyd index. However, it is not uniform byproduct group or EU member state or over time, reflecting different patterns of bilateralintegration and an economic restructuring process that is far from complete. Marginal intra-industry trade appears to be low, but assumes greater significance when the index is broadenedto include vertical as well as horizontal trade. Thus, growth in agri-food trade betweenHungary and the EU over the period 1992-98 is shown to be dominated by vertical intra-industry trade and inter-industry trade. Adjustment costs due to partial trade liberalisation arelikely therefore to have been relatively high.
