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  • 标题:Trade Specialisation and Economic Convergence: Evidence from Two Eastern European Countries.
  • 本地全文:下载
  • 作者:Guglielmo Maria Caporale ; Christophe Rault ; Robert Sova
  • 期刊名称:DIW Diskussionspapiere / Deutsches Institut für Wirtschaftsforschung, Berlin
  • 出版年度:2009
  • 卷号:2009
  • 出版社:Deutsches Institut für Wirtschaftsforschung, Berlin
  • 摘要:This paper analyses trade specialisation dynamics in two Eastern European countries (Romania and Bulgaria - EEC-2) vis-à-vis the core EU member states (EU-15) over the period 1990-2006. Specifically, we focus on whether there is a shift towards intra-industry trade leading to economic convergence and technological catch-up. We use recently developed static (FEM, REM and FEVD) and dynamic (GMM) panel data methods which take into account possible heterogeneity. Our empirical results indicate that intra-industry trade has indeed increased, but it is of the vertical rather than the horizontal type, resulting in complementary rather than competitive production patterns.
  • 关键词:Gravity models, panel data models, trade specialisation, comparative advantage
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