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Commercial Specialisation in the Countries of Central-Eastern Europe

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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
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    More about this item

    Keywords

    International Trade; Revealed Comparative Advantages; International Specialization Model;
    All these keywords.

    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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