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Econometric Analysis of the Relationship Between Innovation and Foreign Trade Distance in Central and Eastern Europe Countries

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  • Salamaga Marcin

    (Cracow University of Economics, College of Economics, Finance and Law, Department of Statistics, Rakowicka 27, 30-510Kraków, Poland)

Abstract

Research background: Posner’s technology gap theories and Vernon’s product life cycle assume that differences in innovation and technology levels are the cause of foreign trade. These theories are subject to empirical verification. To date, however, the analysis of the impact of innovation distance on a country’s export competitiveness is omitted. This article tries to fill this research gap. The author attempts to examine the relationship between the innovation gap and export competitiveness in industries with varying levels of technological advancement.

Suggested Citation

  • Salamaga Marcin, 2020. "Econometric Analysis of the Relationship Between Innovation and Foreign Trade Distance in Central and Eastern Europe Countries," Folia Oeconomica Stetinensia, Sciendo, vol. 20(1), pages 360-372, June.
    • Handle: RePEc:vrs:foeste:v:20:y:2020:i:1:p:360-372:n:21
    DOI: 10.2478/foli-2020-0021
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    References listed on IDEAS

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    More about this item

    Keywords

    export competitiveness; innovation gap; panel data model; technological gap theory;
    All these keywords.

    JEL classification:

    • B17 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - International Trade and Finance
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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