The Relationship between Trade and Industry Structure – Evidence from some EU New and Old Members

Posted: 12 Oct 2011 Last revised: 13 Oct 2018

Date Written: July 11, 2011

Abstract

The study is a bi-directional study on the correlation of the trade and industry structure; two factors with a strong impact on the economic growth of countries. The analysis consists of extensive and detailed research on literature used in the development of the model which is tested empirically with data from the EU new and old member countries. It is a quantitative, inferential study with a general use of descriptive statistics.

The results indicate that from the new EU states, Bulgaria is an absolute winner, with a move of the economy into the higher value-added sectors. Slovakia is a relative looser, while from the old EU member states, Spain has benefited the most from the EU enlargement.

The findings emphasize an existence of a connection between the two variables when the gravity model is used. It supports the findings of the previous empirical research in the area.

Keywords: International Trade, Industry specialization, EU

Suggested Citation

Bogdanovska Djurovic, Andrijana, The Relationship between Trade and Industry Structure – Evidence from some EU New and Old Members (July 11, 2011). Available at SSRN: https://ssrn.com/abstract=1942309 or http://dx.doi.org/10.2139/ssrn.1942309

Andrijana Bogdanovska Djurovic (Contact Author)

Knowledge Center ( email )

Dositej Obradovic 17/28
Skopje, 1000
Macedonia

HOME PAGE: http://www.theknowledge-center.com

Center for Knowledge Management ( email )

Blagoja Gojan 7a
Skopje, 1000
Macedonia

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
538
PlumX Metrics