Geographical and Sectorial Concentration in Czech, Hungarian and Slovak exports

Karoly Attila Soos ()
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Karoly Attila Soos: Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences

No 1548, CERS-IE WORKING PAPERS from Institute of Economics, Centre for Economic and Regional Studies

Abstract: Statistical data display a high level of sectorial and geographical concentration in the exports of three Central European new member states of the European Union: the Czech Republic, Hungary and Slovakia. All the three export huge quantities of the products of certain sectors of engineering industries, and the main destination of their exports are the partner countries in the European Union. In this article, we discuss these issues in a comparative perspective, including into the analysis some other Central–Eastern European (CEE) new EU member states and also some other (non-CEE) EU member states. With more thorough examination we find that both kinds of concentration (which are also interrelated) are at lower levels than it appears in foreign trade statistics, and still rather high in international comparison. Concentration has both positive and negative (dangerous) sides.

Keywords: External trade; international value chains; clustering; industrial structure; European Union; Central–Eastern Europe; Hungary; Czech Republic; Slovakia; mechanical engineering; automotive industry (search for similar items in EconPapers)
JEL-codes: F13 F15 F23 F43 H25 J24 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2015-09
New Economics Papers: this item is included in nep-eur, nep-int and nep-tra
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