|
|
|
|
||||
|
||||
CEECs Integration into Regional and Global Production NetworksInmaculada Martinez-ZarzosoJaume I University - Department of Economics; University of Goettingen (Gottingen) - Ibero American Institute for Economic Research; University of Goettingen (Gottingen) - School of Law, Economics, Social Sciences Anca Monika VoicuRollins College - Department of Economics Martina VidovicRollins College - Department of Economics May 23, 2011 CEGE Discussion Paper No. 125 Abstract: This paper examines the involvement of the CEECs into regional and global production networks over the period 1999 to 2009. We employ a theoretically justified gravity model which incorporates the extensive margin of trade and accounts for firm heterogeneity. We first estimate the model for highly disaggregated exports (SITC 5-digits) in final goods, and then augment it by including the corresponding imported intermediate products from the OECD together with the usual control variables. Next, we estimate the model for each trade margin (extensive and intensive) separately to evaluate the effects of economic integration on exports and imports of each category of goods. Our results indicate that the CEECs have indeed become more integrated into regional production networks and this has had a positive impact in terms of increasing trade volumes and trade varieties between the two parts of the European continent.
Number of Pages in PDF File: 42 Keywords: exports, gravity equation, panel data, production networks, economic integration, trade flows JEL Classification: F10, F14, D31 working papers seriesDate posted: May 23, 2011Suggested CitationContact Information
|
|
||||||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo1 in 0.359 seconds
