Description

• Title:
  Economic integration and export complexity: the case of Slovakia
• Creator:
  Gabrielczak, Piotr;
  Serwach, Tomasz
• Contributor:
  University of Lodz, Faculty of Economics and Sociology
• Description:
  The goal of the article is to evaluate the impact of the European Union (EU) accession on the complexity of goods in Slovak exports. The traditional theories or trade (Ricardian and Heckscher-Ohlin models) show that such an engagement in economic integration may lead to specialization in the production of either more or less sophisticated goods, depending on the country’s technological advancement and factor endowment. At the same time, increased FDI flows may stimulate the engagement of a country in international production chains with ambiguous effects on export complexity. Because it is impossible to a priori predict the effect economic integration may have on the complexity, it is reasonable to verify it empirically. The authors used the Synthetic Control Method (SCM) to compare the observed post-accession levels of exports complexity in Slovakia with the counterfactual values of that country remaining outside of the EU. The obtained results show that the accession led to an increase in complexity of exported goods.
• Object availability:
  free access
• Rights:
  Uznanie autorstwa-Użycie niekomercyjne-Bez utworów zależnych 3.0 Polska;
  http://creativecommons.org/licenses/by-nc-nd/3.0/pl
• Date:
  2017.02.28;
  2017.02
• Type:
  Working Paper
• Language:
  English
• Format:
  application/pdf
• Publisher:
  Faculty of Economics and Sociology
• Relation:
  Lodz Economics Working Papers;6
• Subject:
  economic integration;
  European Union;
  international trade;
  complexity;
  treatment effect;
  Synthetic Control Method
• Identifier: http://hdl.handle.net/11089/20707
• Data provider:
  Repozytorium Uniwersytetu Łódzkiego
• Can I use it?:
  check license
• Type:
  text