Trade relations and potential of the Western Balkans

Maria Tsiapa

International Journal of Economic Policy in Emerging Economies, 2011, vol. 4, issue 2, 140-158

Abstract: The subject of this paper is the detection of changes in trade patterns and of the factors that determine Horizontal IIT (HIIT) and Vertical IIT (VIIT) in the Western Balkans. The compilation and estimation of an econometric model of IIT enabled the distinguishing of the determinants of the VIIT and HIIT in two categories: those that have a constant influence on both types of IIT exhibiting their fixed and robust dynamism in trade and those whose behaviour is differentiated and is analogous with the characteristics and the technological incorporation of each type of trade relations.

Keywords: vertical IIT; horizontal IIT; intra-industrial trade; West Balkans; pool time-series cross-section model; econometric modelling; trade relations; trade patterns. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijepee:v:4:y:2011:i:2:p:140-158

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