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Commercial Specialisation in the Countries of Central-Eastern Europe

Author

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  • Andrea Zaghini

Abstract

The paper analyses evolution in the trade specialisation pattern shown by the new EU Member States. On the evidence of on the Lafay index of international specialization, which encompasses both import and export flows, we show that the new EU Members have gained comparative advantages relatively fast in sectors where they had been lagging behind at the beginning of the transition. In particular, they show positive specialization in many manufactured goods and rely less on natural resources and raw materials than most other emerging economies. They generally display an increasing specialisation trend and high mobility in a large number of “high-tech” products, in spite of the significant technological gap inherited from the planned economy era.

Suggested Citation

  • Andrea Zaghini, 2006. "Commercial Specialisation in the Countries of Central-Eastern Europe," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 3, July.
    • Handle: RePEc:rar:journl:0038
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    References listed on IDEAS

    as
    1. Kaitila, Ville, 2001. "Accession countries' comparative advantage in the internal market : A trade and factor analysis," BOFIT Discussion Papers 3/2001, Bank of Finland, Institute for Economies in Transition.
    2. Andrea Zaghini, 2005. "Evolution of trade patterns in the new EU member states," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 13(4), pages 629-658, October.
    3. Paola Caselli & Andrea Zaghini, 2005. "International specialization models in Latin America: the case of Argentina," Temi di discussione (Economic working papers) 558, Bank of Italy, Economic Research and International Relations Area.
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    6. Andrea Finicelli & Massimo Sbracia & Andrea Zaghini, 2011. "A disaggregated analysis of the export performance of some industrial and emerging countries," International Economics and Economic Policy, Springer, vol. 8(1), pages 93-113, April.
    7. Ville Kaitila, 2002. "Accession Countries’ Comparative Advantage in the Internal," International Trade 0209001, University Library of Munich, Germany.
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    9. Michael A. Landesmann & Robert Stehrer, 2002. "Evolving Competitiveness of CEEC’s in an Enlarged Europe," Rivista di Politica Economica, SIPI Spa, vol. 92(1), pages 23-88, January-F.
    10. Repkine, Alexandre & Walsh, Patrick Paul, 1999. "Evidence of European Trade and Investment U-Shaping Industrial Output in Bulgaria, Hungary, Poland, and Romania," Journal of Comparative Economics, Elsevier, vol. 27(4), pages 730-752, December.
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    Keywords

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    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production

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