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Investigating Disaggregate East-West Trade Data: The Reshaping of the International Division of Labor

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Author Info

  • Fidrmuc, Jarko

    (Department of Economics, Institute for Advanced Studies, Vienna)

  • Helmenstein, Christian

    (Department of Economics, Institute for Advanced Studies, Vienna)

  • Huber, Peter

    (Department of Economics, Institute for Advanced Studies, Vienna)

Abstract

In this paper we analyze annual trade data for Austria and Central and Eastern Europe (CEE) on a disaggregate level. Permanent structural changes in East-West trade turn out to be an important feature in the transition process. The considerable contribution of intra-industry trade to overall trade growth indicates smaller adjustment needs in Western Europe than suggested by earlier literature. Our results support the hypothesis that the Southern European Union members will be most strongly affected by competition from CEE exporters. In turn, the Union's reluctance to admit further members is likely to differ considerably across CEE applicants.

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File URL: http://www.ihs.ac.at/publications/eco/east/ro-23.pdf
File Function: First version, 1995
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Bibliographic Info

Paper provided by Institute for Advanced Studies in its series East European Series with number 23.

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Length: 18 pages
Date of creation: May 1995
Date of revision:
Handle: RePEc:ihs:ihsrop:23

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Related research

Keywords: East-West Trade; Transformation in Eastern Europe; Economic Integration; Structural Change;

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Cited by:
  1. Vasily Astrov, 2001. "Structure of Trade in Manufactured Products Between Southeast European Countries and the European Union," wiiw Balkan Observatory Working Papers 14, The Vienna Institute for International Economic Studies, wiiw.
  2. Eichengreen, Barry & Kohl, Richard, 1998. "The External Sector, the State and Development in Eastern Europe," CEPR Discussion Papers 1904, C.E.P.R. Discussion Papers.
  3. Jarko Fidrmuc & Daniela Grozea-Helmenstein & Andreas Wörgötter, 1999. "East-west intra-industry trade dynamics," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 135(2), pages 332-346, June.
  4. repec:wii:bpaper:bowp:014 is not listed on IDEAS

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