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Comparative Advantages of Visegrad Four Countries and Germany - A Comparison of Sectors According to the Workforce Qualification and Technology-Intensity
[Komparativní výhody zemí V4 a Německa - porovnání sektorů podle míry kvalifikace pracovní síly a technologické intenzity]

Author

Listed:
  • Ondřej Sankot

Abstract

This article compares comparative advantages of Visegrad Four countries and Germany. Four aggregated economic sectors based on different requirements on the workforce qualification and technology-intensity are being compared. The main aim is to ascertain the degree and speed of changes in V4 export structures towards export of higher value added. According to the executed analysis, there is a gradual shift towards export of higher value added in the Czech Republic, Hungary and Slovakia. This shift is characterized by decrease in comparative advantage in labour intensive and low-skill manufactures. Those countries demonstrated also low growth in comparative advantage in high skill and technology intensive manufactures, however, only until the outbreak of the European Sovereign Debt Crisis. Poland differs from the other V4 countries, the shift towards export of higher value added is at marginal level.

Suggested Citation

  • Ondřej Sankot, 2015. "Comparative Advantages of Visegrad Four Countries and Germany - A Comparison of Sectors According to the Workforce Qualification and Technology-Intensity [Komparativní výhody zemí V4 a Německa - po," Současná Evropa, Prague University of Economics and Business, vol. 2015(2), pages 125-144.
    • Handle: RePEc:prg:jnlsev:v:2015:y:2015:i:2:id:126:p:125-144
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    References listed on IDEAS

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    1. Alan V. Deardorff, 2011. "The General Validity of the Law of Comparative Advantage," World Scientific Book Chapters, in: Robert M Stern (ed.), Comparative Advantage, Growth, And The Gains From Trade And Globalization A Festschrift in Honor of Alan V Deardorff, chapter 10, pages 73-90, World Scientific Publishing Co. Pte. Ltd..
    2. Alex Hoen & Jan Oosterhaven, 2006. "On the measurement of comparative advantage," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 40(3), pages 677-691, August.
    3. Cordella, Tito, 1998. "Patterns of Trade and Oligopoly Equilibria: An Example," Review of International Economics, Wiley Blackwell, vol. 6(4), pages 554-563, November.
    4. Keld Laursen, 1998. "Revealed Comparative Advantage and the Alternatives as Measures of International Specialisation," DRUID Working Papers 98-30, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
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    More about this item

    Keywords

    comparative advantage; labour force qualification; technology-intensity; the Czech Republic; Hungary; Poland; Slovakia; Germany; komparativní výhody; kvalifikace pracovní síly; technologická intenzita; Česká republika; Maďarsko; Polsko; Slovensko; Německo;
    All these keywords.

    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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