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Mutual trade and investment of the Visegrad countries before and after their EU accession

Author

Listed:
  • Gábor HUNYA

    (Vienna Institute of International Economic Studies (wiiw), Austria)

  • Sándor RICHTER

    (Vienna Institute of International Economic Studies (wiiw), Austria)

Abstract

The paper addresses the period preceding and following the EU accession in 2004 reconstructing the major developments in trade and FDI. It relies on the detailed bilateral trade and FDI data of the Czech Republic, Hungary, Poland and Slovakia. The assessment sheds new light on the growth and restructuring of trade due to integration into the European corporate structures. But unlike trade, FDI between the four Visegrad countries did not change much in the years following EU accession. The conclusion of the paper is that foreign investors coming into these countries from the EU-15 and other advanced countries were the real engines of the revival in mutual trade.

Suggested Citation

  • Gábor HUNYA & Sándor RICHTER, 2011. "Mutual trade and investment of the Visegrad countries before and after their EU accession," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 2, pages 77-91, December.
    • Handle: RePEc:jes:journl:y:2011:v:2:p:77-91
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    File URL: http://www.ejes.uaic.ro/articles/EJES2011_0202_HUN.pdf
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    References listed on IDEAS

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    Cited by:

    1. Śledziewska Katarzyna & Akhvlediani Tinatin, 2017. "What Determines Export Performances in High‑tech Industries," Central European Economic Journal, Sciendo, vol. 1(48), pages 37-49, November.
    2. Peter Havlik & Gabor Hunya & Yury Zaytsev, 2018. "Foreign Direct Investments: A Comparison of EAEU, DCFTA and Selected EU-CEE Countries," wiiw Research Reports 428, The Vienna Institute for International Economic Studies, wiiw.
    3. 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.
    4. Tinatin Akhvlediani & Katarzyna Śledziewska, . "The Impacts of Common Commercial Policy on Export Performances of Visegrad Countries," Prague Economic Papers, University of Economics, Prague, vol. 0, pages 1-16.
    5. Tinatin Akhvlediani & Katarzyna Śledziewska, 2017. "The Impacts of Common Commercial Policy on Export Performances of Visegrad Countries," Prague Economic Papers, Prague University of Economics and Business, vol. 2017(1), pages 3-18.
    6. A. S. Chetverikova, 2019. "Foreign Trade Relations of the Visegrad Group: the Transformation of the Role of the Russian Federation," Outlines of global transformations: politics, economics, law, Center for Crisis Society Studies, vol. 12(2).

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