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Export specialization in services of the Visegrad countries

Author

Listed:
  • Joanna Stefaniak-Kopoboru

    (University of Gdansk)

  • Joanna Kuczewska

    (University of Gdansk)

Abstract

The importance of services and the international trade in services is growing systematically. There are some reasons for that, especially the rapid development of IT technologies. This increase in the international trade in services is a global phenomenon, however there are some other specific issues, other than economic or technological, that might influence the trade in services in particular countries. As for the countries of the Central and Eastern Europe such a factor could be the accession to the European Union (EU). The objective of the paper is to analyse the export specialization of the Visegrad countries in the international trade in services and how it changed over seven years after the EU accession. The service sector comprises of a variety of highly heterogeneous economic activities and the diversity of services is also reflected in the international trade of particular countries. Generally the trade theories deal with trade of goods, but there are some attempts already to apply these theories for services. To find out the export specialization based on the comparative advantage in particular services, the main categories of services are analysed based on the adjusted RCA index assumptions. Analysis prepared in the paper is based on the balance of payment statistics provided by the WTO. The article is concluded by discussing the questions about the export specialization of particular countries and how it changed after the accession to the EU.

Suggested Citation

  • Joanna Stefaniak-Kopoboru & Joanna Kuczewska, 2015. "Export specialization in services of the Visegrad countries," Working Papers 107/2015, Institute of Economic Research, revised Apr 2015.
    • Handle: RePEc:pes:wpaper:2015:no107
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    Cited by:

    1. is not listed on IDEAS
    2. Irena Lacka & Janusz Myszczyszyn & Sylwia Golab & Beata Bedzik & Blazej Supron, 2020. "Correlation between the Level of Economic Growth and Foreign Trade: The Case of the V4 Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 657-678.
    3. Adam P. Balcerzak, 2016. "Technological Potential of European Economy. Proposition of Measurement with Application of Multiple Criteria Decision Analysis," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 12(3), pages 7-17.
    4. Young Ademola Obafemi, 2022. "Specialization Versus Diversification as Alternative Strategies for Sustainable Growth in Resource-Rich Developing Countries. Case of Nigeria," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 32(3), pages 1-47, September.
    5. Adam A. Ambroziak & Joanna Stefaniak, 2022. "The position of China in trade in services within the European Union," Oeconomia Copernicana, Institute of Economic Research, vol. 13(2), pages 335-354, June.
    6. Błażej Suproń & Irena Łącka, 2023. "Research on the Relationship between CO 2 Emissions, Road Transport, Economic Growth and Energy Consumption on the Example of the Visegrad Group Countries," Energies, MDPI, vol. 16(3), pages 1-21, January.

    More about this item

    Keywords

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    JEL classification:

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

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