THE COMPARATIVE ANALYSIS OF MID-TECH AND HIGH-TECH TRADE OF THE VISEGRAD COUNTRIES AND THE GERMAN IMPACT 1

The general purpose of the research is to conduct a comparative study of the Czech, Hungarian, Polish, and Slovak exports and imports in the period 2001-2015 taking into consideration their technological intensity. The analysis covers the identified developments in the context of growing openness an...

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Bibliographic Details
Published in:Unia Europejska.pl 2016-07, Vol.239 (4), p.31
Main Author: Michalski, Bartosz
Format: Article
Language:English
Subjects:
Comparative analysis
Comparative studies
Economic growth
EU membership
Exports
Foreign investment
Global economy
International trade
Middle income
Multinational corporations
Neocolonialism
Technological change
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Summary:The general purpose of the research is to conduct a comparative study of the Czech, Hungarian, Polish, and Slovak exports and imports in the period 2001-2015 taking into consideration their technological intensity. The analysis covers the identified developments in the context of growing openness and strong orientation of their economic systems to the markets of other EU members. The undertaken study is based on trade data at 2-, 4- and 6-digit disaggregation of the Harmonised System (HS). When analysing trade with Germany a particular focus will be set on the chapters dominating in bilateral relations with the Visegrad countries (V4): HS 39 (plastics and articles thereof), HS 84 (machinery), HS 85 (electrical and electronic equipment), and HS 87 (road transport vehicles). The analysis aims at empirical verification whether and to what extent the membership of the V4 in the European Union and intensive trade relations with German economy have contributed to improvement of the technological intensity of their foreign trade. Another important issue is to identify potentially most serious challenges relating especially to the phenomenon of the middle-income trap and investment expansion of multinational corporations, which may be treated as a threat sustaining structural obstacles for economic growth and development of the Visegrad countries.
ISSN:2085-2694