Foreign trade relations of Hungary with China : A global value chain perspective

Gáspár, Tamás and Tölgyessy Péterné Sass, Magdolna and Koppány, Krisztián and Bi, Shulei (2023) Foreign trade relations of Hungary with China : A global value chain perspective. SOCIETY AND ECONOMY, 45 (3). pp. 229-249. ISSN 1588-9726


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Trade analysis for open economies is strategically important. Even though Hungarian trade relations are oriented towards the EU, the direct and indirect influence of Asia, mainly China, needs special attention. The paper focuses on direct bilateral relations between Hungary and China. The global value chain perspective enables the research to detect inter- and intra-industry dependencies and unfold and compare the industry focuses and dynamics of backward and forward linkages between 2000 and 2018. We used a mixed methodology, combining input-output analysis with company case studies based on a wide range of literature both from Chinese and East-Central European researchers. The findings support the significance of global value chain relations, highlight the restructuring of Hungarian trade relations with China over the past twenty years, and indicate the strong concentration of relations in terms of the number of companies.

Item Type: Article
Subjects: H Social Sciences / társadalomtudományok > HF Commerce / kereskedelem > HF2 Foreign trade / külkereskedelem
Depositing User: MTMT SWORD
Date Deposited: 22 Sep 2023 09:44
Last Modified: 22 Sep 2023 09:44

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