Showing 1 - 7 of 7
International trade between countries can be categorised as inter-industry or intra-industry. Intra-industry trade, particularly of vertically differentiated products, has expanded significantly since the 1960s, especially in Europe. However, Fontagné et al. (2006) note that inter-industry...
Persistent link: https://www.econbiz.de/10010918768
Over fifteen years have elapsed since the transition from the centrally planned economic system started in the early 1990âs. During this time agricultural and rural areas of Central and Eastern Europe have undergone profound structural changes with wide variations in the degree of...
Persistent link: https://www.econbiz.de/10008564626
Intra-industry trade in agri-food products between Hungary and the EU is shown to be low and dominated by vertically rather than horizontally differentiated products, suggesting higher economic adjustment costs. Following recent empirical studies, we then test econometrically for the...
Persistent link: https://www.econbiz.de/10005806058
We present an analysis of the intra-industry nature of agri-food trade between Hungary and the European Union, following the Association Agreement signed in 1991. A slight growth in intra-industry trade is indicated by the Grubel-Lloyd index. However, it is not uniform by product group or EU...
Persistent link: https://www.econbiz.de/10005807766
In 2004, Hungary joined the European Union (EU) along with nine other countries. One of the major changes resulting from this was the transformation of these countries’ agri-food trade. The paper analyses the effects of EU accession on Hungarian primary and processed agri-food trade, using...
Persistent link: https://www.econbiz.de/10011069629
We analyse the evolving pattern of Hungary's agri-food trade using recently developed empirical procedures based on the classic Balassa index and its symmetric transformation. The extent of trade specialisation exhibits a declining trend; Hungary lost comparative advantage for a number of product...
Persistent link: https://www.econbiz.de/10005513488
Persistent link: https://www.econbiz.de/10011068380