Changes in foreign trade structure and intra-industry trade in five CEECs

Éltető, Andrea (2001) Changes in foreign trade structure and intra-industry trade in five CEECs. Hungarian Statistical Review, 79 (SN6). pp. 92-108. ISSN 0039-0690

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Abstract

The article analyses the structural changes of foreign trade between five Central and Eastern European countries and the EU. It points out that during the nineties, a significant shift has taken place towards technologically more developed products. The former specialisation on low-technology, labour intensive goods strongly weakened and in certain cases new specialisation patterns have been developed among the high-tech products. The level of manufacturing intra-industry trade increased and this in several cases meant product quality improvement as the results of the unit value calculations showed. For these changes in the foreign trade structure those – high and medium-tech – products are responsible which are produced by foreign owned, multinational companies. FDI therefore exerts a determinant effect on the external competitiveness of Central European countries.

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