The Economic Complexity of the Visegrád Countries and the Role of Trade with Germany

• Autorzy: Semanur Soyyiğit , Bartosz Michalski
• Języki publikacji: EN

Abstrakty

EN

The contemporary division of production in the global economy poses challenges typical for dependent market economies of the Visegrád countries (V4: Czechia, Hungary, Poland, and Slovakia). This comparative study explores whether the foreign trade of V4 with Germany contributes to their structural change. The analysis seeks to determine the long-term impact of specific intra-industry trade variables on the economic complexity, examined at different levels of technological sophistication. Our findings show that as a result of the characteristics of the trade dynamics, the progress of V4 structural change remains not as comprehensive as expected. As a result, it is critically important to provide incentives aimed at strengthening the geographical diversification of their exports and upgrade their position within the global value chains. (original abstract)

Słowa kluczowe

EN

International trade; Structural changes

PL

Handel międzynarodowy; Zmiany strukturalne

• Czasopismo: Ekonomia / Uniwersytet Warszawski
• Rocznik: 2022
• Tom: 9
• Numer: nr 56
• Strony: 219--236

Twórcy

autor

Semanur Soyyiğit

• Kirklareli University, Turkey

autor

Bartosz Michalski

• University of Wrocław, Poland

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Identyfikatory

DOI

doi.org/10.2478/ceej-2022-0013