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Intra-industry trade between CESEE countries and the EU15

Author

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  • Orszaghova, Lucia
  • Schudel, Willem
  • Dautović, Ernest

Abstract

The rapid increase in intra-industry trade (IIT) between the EU15 and Central, Eastern and South-Eastern European (CESEE) countries after the collapse of the Soviet Union indicates a structural change in the nature of trade in CESEE and a new process of transition and real convergence to the EU. Using a product-level trade flows database and employing linear and non-linear panel data specifications, this paper assesses the determinants of intra-industry trade between the EU15 as the main trading block and CESEE, which are further divided into the JEL Classification: F14, F15, F10

Suggested Citation

  • Orszaghova, Lucia & Schudel, Willem & Dautović, Ernest, 2014. "Intra-industry trade between CESEE countries and the EU15," Working Paper Series 1719, European Central Bank.
    • Handle: RePEc:ecb:ecbwps:20141719
    Note: 1998793
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    File URL: https://www.ecb.europa.eu//pub/pdf/scpwps/ecbwp1719.pdf
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    References listed on IDEAS

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    Cited by:

    1. Petrović Vesna & Mirović Ivan, 2018. "The Link of Intra-Industry Trade with Foreign Direct Investments," Economic Themes, Sciendo, vol. 56(3), pages 357-368, September.
    2. Osbat, Chiara & Zollino, Francesco & Aiello, Giovanni & Bluhm, Benjamin & Buelens, Christian & Cavallini, Flavia & Joseph, Andreas & Leonte, Alexandru & Lommatzsch, Kirsten & Momchilov, Georgi & Giord, 2015. "Compendium on the diagnostic toolkit for competitiveness," Occasional Paper Series 163, European Central Bank.
    3. Ernest Dautovic, 2018. "The weight of the median voter ageing on public debt," Constitutional Political Economy, Springer, vol. 29(1), pages 69-92, March.
    4. Andrey A. Gnidchenko, 2019. "The Conflicting Ways to Dissect Intra-Industry Trade," FIW Working Paper series 193, FIW.
    5. Kawecka-Wyrzykowska Elżbieta, 2017. "Is Intra-Industry Trade Specialization a Precondition to Business Cycle Synchronization When Joining the Euro Area? The Case of Poland," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 53(4), pages 50-60, December.
    6. Ambroziak Łukasz, 2016. "FDI and Intra-industry Trade in the Automotive Industry in the New EU Member States," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 52(1), pages 23-42, December.
    7. Hrvoje Josic & Berislav Zmuk, 2020. "Intra-industry Trade in Croatia: Trends and Determinants," Croatian Economic Survey, The Institute of Economics, Zagreb, vol. 22(1), pages 5-39, June.
    8. repec:ecb:ecbops:2012163 is not listed on IDEAS
    9. Dadakas, Dimitrios, 2019. "Intra Industry Trade in Agricultural and Food Products: The Case of Greece prior and during the Debt Crisis," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 68(3), September.
    10. Yazdani, Mehdi & Pirpour, Hamed, 2020. "Evaluating the effect of intra-industry trade on the bilateral trade productivity for petroleum products of Iran," Energy Economics, Elsevier, vol. 86(C).
    11. Soós, Károly Attila, 2021. "Az optimális valutaövezet két elmélete - aszimmetrikus sokkok és nemzetközi pénzügyi integráció [Principles of optimal currency areas: asymmetric shocks and international financial integration]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1250-1275.

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    More about this item

    Keywords

    Central and Eastern Europe; convergence criteria; economic integration; emerging Europe; EU candidate countries; horizontal IIT; intra-industry trade; Panel data; real convergence; South-Eastern Europe; transition; vertical IIT; Western Balkan;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F10 - International Economics - - Trade - - - General

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