REAL

Outward-processing trade between France and Central and Eastern European countries. Is there a substitution to France–Maghreb outward-processing trade?

Andreff, M. and Andreff, W. (2001) Outward-processing trade between France and Central and Eastern European countries. Is there a substitution to France–Maghreb outward-processing trade? Acta Oeconomica, 51 (1). pp. 65-106. ISSN 0001-6373

[img] Text
aoecon.51.2000-2001.1.4.pdf
Restricted to Repository staff only until 28 February 2021.

Download (149kB)

Abstract

France outward-processing trade (OPT) with the Central and Eastern European countries (CEECs) and Maghreb developed with a high momentum from 1993 to 1997, higher in the former than in the latter area. A crowding out effect of France OPT with Maghreb by France OPT with the CEECs is evident. A substitution relationship between French foreign direct investment (FDI) and OPT is statistically tested, and detrimental to OPT in the case of the CEECs. In Maghreb, French FDI is crowded out by the development of France OPT. The substitution of French FDI to OPT in the CEECs is explained by a number of factors like the abolition of tax privileges for OPT in the EU-CEEC relations, a market-seeking FDI, a non significant impact of labour costs on both FDI and OPT, a determinant role of institutional reforms and lower country-risk in attracting FDI instead of OPT.

Item Type: Article
Subjects: H Social Sciences / társadalomtudományok > H Social Sciences (General) / társadalomtudomány általában
Depositing User: xKatalin xBarta
Date Deposited: 06 Feb 2017 08:13
Last Modified: 06 Feb 2017 08:13
URI: http://real.mtak.hu/id/eprint/47183

Actions (login required)

Edit Item Edit Item