Facebook Instagram Twitter RSS Feed PodBean Back to top on side

Economic Integration and Export Complexity: The Case of Slovakia

In: Ekonomický časopis/Journal of Economics, vol. 67, no. 2
Piotr Gabrielczak - Tomasz Serwach
Detaily:
Rok, strany: 2019, 115 - 134
Jazyk: eng
Kľúčové slová:
economic integration, European Union, international trade, complexity, treatment effect, Synthetic Control Method; JEL Classification: C21, F14, F15
Typ článku: Vedecký článok / Article
Typ dokumentu: PDF / PDF
O článku:
The goal of the article is to evaluate the impact of accession to the European Union (EU) on the complexity of goods in Slovak exports. The traditional theories of trade show that such an engagement in economic integration may lead to specialization in the production of either more or less sophisticated goods, depending on the country’s technological advancement and factor endowment. At the same time, increased FDI flows may stimulate the engagement of a country in international production chains with ambiguous effects on export complexity. Because it is impossible to a priori predict the effect economic integration may have on the complexity, it is reasonable to verify it empirically. The authors used the Synthetic Control Method (SCM) to compare the observed post-accession levels of exports complexity in Slovakia with the counterfactual values of that country remaining outside of the EU.
The goal of the article is to evaluate the impact of accession to the European Union (EU) on the complexity of goods in Slovak exports. The traditional theories of trade show that such an engagement in economic integration may lead to specialization in the production of either more or less sophisticated goods, depending on the country’s technological advancement and factor endowment. At the same time, increased FDI flows may stimulate the engagement of a country in international production chains with ambiguous effects on export complexity. Because it is impossible to a priori predict the effect economic integration may have on the complexity, it is reasonable to verify it empirically. The authors used the Synthetic Control Method (SCM) to compare the observed post-accession levels of exports complexity in Slovakia with the counterfactual values of that country remaining outside of the EU.
Ako citovať:
ISO 690:
Gabrielczak, P., Serwach, T. 2019. Economic Integration and Export Complexity: The Case of Slovakia. In Ekonomický časopis/Journal of Economics, vol. 67, no.2, pp. 115-134. 0013-3035.

APA:
Gabrielczak, P., Serwach, T. (2019). Economic Integration and Export Complexity: The Case of Slovakia. Ekonomický časopis/Journal of Economics, 67(2), 115-134. 0013-3035.
O vydaní:
Vydavateľ: Ekonomický ústav SAV a Prognostický ústav CSPV SAV
Publikované: 17. 5. 2019