Country-specific determinants of horizontal and vertical intra-industry agri-food trade of the Visegrad Countries
نویسنده
چکیده
The article analyses patterns and country-specific determinants of Visegrad Countries’ (VC) agri-food trade with the European Union. Literature focusing on the country-specific determinants of vertical and horizontal intra-industry trade is rather limited and those analysing agricultural (or agri-food) trade are extremely rare. Therefore, the paper seeks to contribute to the literature by covering latest theory and data available on the topic to provide up to date results and suggestions. Moreover, it seeks to identify the determinants of horizontal and vertical intra-industry trade of the Visegrad Countries after EU accession. Results suggest that agri-food trade of the Visegrad Countries is mainly inter-industry in nature but intra-industry trade is dominated by vertical elements. Results verify that determinants of horizontal and vertical IIT differ and suggest that economic size is positively, while distance is negatively related to both sides of IIT. However, the relationship between vertical IIT and differences in factor endowments as well as FDI is ambiguous.
منابع مشابه
The Impact of Sanction on Bilateral Intra-Industry Trade between Iran and SCO Countries
This paper analyses the impact of sanctions against Iran in addition to other country-specific determinants on intra-industry trade between Iran and Shanghai Cooperation Organization (SCO) countries over the period 1997-2013. By disentangling total intra-industry trade (IIT) into horizontal and vertical IIT and after investigating bilateral trade pattern between Iran and SCO countries, determin...
متن کاملIntra-Industry Trade in Horizontally and Vertically Differentiated Agri-Food Products between Hungary and the EU
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 determinants of this trade using different measures of horizontal and vertical trade, and employing an array of ...
متن کاملCountry-specific Determinants of Intra Industry Trade Types of Agricultural Sector in Selected Developing Countries
متن کامل
Intra-industry Trade in Agri-food Products between Hungary and the Eu
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 (IIT) is indicated by the Grubel-Lloyd index. However, it is not uniform by product group or EU member state or over time, reflecting different patterns of bilateral integration and an economic ...
متن کاملComparative Advantages and Specialisation of the Visegrad Countries Agri-food Trade
The Visegrad Countries (V4) accession to the European Union in 2004 caused several changes in the field of agriculture. The aim of this paper is to analyse impact of the EU enlargement on V4 agri-food trade, especially considering revealed comparative advantages. Results suggest that intensity of the V4 agri-food trade has increased significantly after the enlargement. There was deterioration i...
متن کامل