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

Author

Listed:
  • 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.

Suggested Citation

  • Fidrmuc, Jarko & Helmenstein, Christian & Huber, Peter, 1995. "Investigating Disaggregate East-West Trade Data: The Reshaping of the International Division of Labor," East European Series 23, Institute for Advanced Studies.
    • Handle: RePEc:ihs:ihsrop:23
    as

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    File URL: https://irihs.ihs.ac.at/id/eprint/841
    File Function: First version, 1995
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    Citations

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    Cited by:

    1. Eichengreen, Barry & Kohl, Richard, 1998. "The External Sector, the State and Development in Eastern Europe," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series qt22r0x8qk, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley.
    2. Jarko Fidrmuc & Daniela Grozea-Helmenstein & Andreas Wörgötter, 1999. "East-west intra-industry trade dynamics," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 135(2), pages 332-346, June.
    3. 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.

    More about this item

    Keywords

    East-West Trade; Transformation in Eastern Europe; Economic Integration; Structural Change;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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