IDEAS home Printed from https://ideas.repec.org/p/iwe/workpr/260.html
   My bibliography  Save this paper

Coronavirus crisis – trade effects for the Iberian and Visegrád countries

Author

Listed:
  • Andrea Éltető

    (Institute of World Economics, Centre for Economic and Regional Studies)

Abstract

In this paper I describe some characteristics of the foreign trade of two European semi-peripheric regions: the Iberian countries (Spain and Portugal) and the Visegrád countries (Poland, Czechia, Slovakia, and Hungary). Based on the developments in the past decade, some conclusions can be drawn for the coronavirus crisis-effects. Visegrád countries are more integrated into the global production chains with a more significant weight of automotive and electronic industry in trade compared to the Iberian economies. This has caused high trade dynamism but high dependence, concentration too. Therefore, short-term crisis effects will be more severe in manufacturing here than in the other region. However, the composition of the service trade is more favourable for the Visegrád region than for the Iberian countries regarding the crisis-shock. Long-term effects stemming from the reorganisation of GVCs can also favour the Visegrád region.

Suggested Citation

  • Andrea Éltető, 2020. "Coronavirus crisis – trade effects for the Iberian and Visegrád countries," IWE Working Papers 260, Institute for World Economics - Centre for Economic and Regional Studies- Hungarian Academy of Sciences.
  • Handle: RePEc:iwe:workpr:260
    as

    Download full text from publisher

    File URL: http://www.vki.hu/files/download_1228.html
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Visegrád countries; Spain; Portugal; foreign trade; global value chains;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F15 - International Economics - - Trade - - - Economic Integration
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iwe:workpr:260. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/vkhashu.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kanász Mária (email available below). General contact details of provider: https://edirc.repec.org/data/vkhashu.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.