Social Development and International Trade in Central Europe

• Autorzy: Andrzej Cieślik , Jan Jakub Michałek , Jerzy Mycielski
• Języki publikacji: EN

Abstrakty

EN

In this paper we study the impact of social development on international trade in Central and Eastern Europe using the generalized gravity model. Many previous empirical studies which explored the determinants of trade flows, concentrated only on traditional gravity variables, such as the size of trading partners, factor abundance, technology differences or distance. In our study, in addition to the standard set of gravity variables, we examine the role of aggregate social development indicators such as Human Development Index and its components. Our results show that both aggregate and disaggregate measures of social development affect the volume of international trade flows. In particular, the education indexes seem to be positively related to bilateral trade flows. (original abstract)

Słowa kluczowe

EN

Social development; International trade; Bilateral trade

PL

Rozwój społeczny; Handel międzynarodowy; Bilateralna wymiana handlowa

• Czasopismo: Equilibrium
• Rocznik: 2012
• Tom: 7
• Numer: nr 2
• Strony: 7--19

Twórcy

autor

Andrzej Cieślik

• University of Warsaw, Poland

autor

Jan Jakub Michałek

• University of Warsaw, Poland

autor

Jerzy Mycielski

• University of Warsaw, Poland

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