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FDI and intra-industry trade: theory and empirical evidence from the Visegrad Countries

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  • Lukasz Ambroziak

Abstract

This paper analyses impact of the foreign direct investment (FDI) on the intra-industry trade (IIT) patterns in the Visegrad Countries (VCs) (the Czech Republic, Hungary, Poland and Slovakia) in the period 1995–2008. The FDI has been a driving force of these countries’ foreign trade, especially for the IIT. From the theory and previous empirical studies, it results that the FDI has a positive impact on vertical intra-industry trade (VIIT), while the influence of this variable on horizontal intra-industry trade (HIIT) is ambiguous. Using a panel data approach, the determinants of HIIT and VIIT were identified. The obtained results confirmed that the FDI in the VCs stimulated not only VIIT, but also HIIT.

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  • Lukasz Ambroziak, 2012. "FDI and intra-industry trade: theory and empirical evidence from the Visegrad Countries," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 4(1/2), pages 180-198.
    • Handle: RePEc:ids:ijecbr:v:4:y:2012:i:1/2:p:180-198
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    2. Jámbor, Attila & Kovács, Sándor & Somai, Miklós, 2016. "Tíz év az Európai Unióban - az új tagországok agrárteljesítményei [A decade in the EU: the agricultural performances of the new member-states]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 260-284.
    3. Attila Jambor, 2013. "Country-specific determinants of horizontal and vertical intra-industry agri-food trade of the Visegrad Countries," FIW Working Paper series 104, FIW.
    4. Kawecka-Wyrzykowska Elżbieta, 2017. "Is Intra-Industry Trade Specialization a Precondition to Business Cycle Synchronization When Joining the Euro Area? The Case of Poland," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 53(4), pages 50-60, December.
    5. Jambor, Attila & Torok, Aron, 2013. "Intra-industry agri-food trade of the Baltic Countries," 87th Annual Conference, April 8-10, 2013, Warwick University, Coventry, UK 158684, Agricultural Economics Society.
    6. Ferto, Imre & Jambor, Attila, 2013. "Vertical Intra-Industry Trade and the EU Accession: The Case of Hungarian Agri-Food Sector," 87th Annual Conference, April 8-10, 2013, Warwick University, Coventry, UK 158847, Agricultural Economics Society.
    7. Brkić Snježana & Kastratović Radovan & Salkica Mirela Abidović, 2021. "Analysis of Intra-Industry Trade in Agri-Food Products Between Bosnia and Herzegovina and the European Union," South East European Journal of Economics and Business, Sciendo, vol. 16(2), pages 53-67, December.
    8. Imre Ferto & Attila Jambor, 2015. "Drivers of vertical intra-industry trade: the case of the Hungarian agri-food sector," Agricultural Economics, International Association of Agricultural Economists, vol. 46(1), pages 113-123, January.
    9. Jámbor, Attila, 2013. "Country-specific determinants of horizontal and vertical intra-industry agri-food trade: the case of Bulgaria and Romania," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 7(4-5), pages 1-8.
    10. Teodoro Gallucci & Vesselina Dimitrova & Georgi Marinov, 2019. "Interrelation between Eco-Innovation and Intra-Industry Trade—A Proposal for a Proxy Indicator of Sustainability in the EU Countries," Sustainability, MDPI, vol. 11(23), pages 1-13, November.
    11. Csaki, Csaba & Jambor, Attila, 2015. "10 Years of EU Membership: The case of the NMS agri-food sector," 2015 Conference, August 9-14, 2015, Milan, Italy 211552, International Association of Agricultural Economists.
    12. Sagnik Bagchi & Surajit Bhattacharyya, 2021. "Industry-level determinants of India’s vertical and horizontal IIT," Indian Economic Review, Springer, vol. 56(1), pages 113-145, June.
    13. Wojciech Zysk & Sławomir Śmiech, 2014. "The Influence of Foreign Direct Investment on Foreign Trade in the Visegrad Countries from 2001 to 2011," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 2(3), pages 7-18.
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    15. Jambor, Attila & Sirone Varadi, Julia, 2014. "10 years of EU membership: winners and losers in the agri-food sector of the new member states," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182736, European Association of Agricultural Economists.
    16. Jámbor, Attila, 2014. "A horizontális és vertikális ágazaton belüli agrárkereskedelem meghatározó tényezői az EU új tagországaiban [Determinants of horizontal and vertical intra-industry agri-food trade in the new EU mem," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 544-565.
    17. Jámbor, Attila, 2015. "Country- and industry-specific determinants of intra-industry trade in agri-food products in the Visegrad countries," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 117(2), pages 1-9, August.
    18. Jacek Klich, 2014. "Foreign Direct Investment in the Visegrad Countries after 2004: Have the Visegrad Countries’ Membership in the European Union Changed Something?," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 2(3), pages 19-31.

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