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Technological Intensity and Patterns in Slovenian Merchandise Trade

Author

Listed:
  • Stefan Bojnec

    (University of Primorska, Slovenia)

  • Matjaz Novak

    (University of Primorska, Slovenia)

Abstract

This paper analyses the technological intensity of industries classified by technology levels (low-technology, medium-low-technology, medium-high-technology and high-technology) and patterns in Slovenian merchandise trade developments between and within industries in the post-independence years since 1992. Merchandise trade flows by industries are rather homogeneous in the extent of a decline in the external trade integration measured by intra-industry trade indices and in the presence of relative trade advantages. More considerable differences are found in trade structures and trade quality using the ratio of export to import unit values. In exports we confirm the climbing-up technological development approach, including the jump-up in the medium-high-technology industries in the non-EU-15 markets. Medium-low- and medium-high-technology industries experienced greater price competitiveness in trade with the EU-15 countries. High-technology industries and to a lesser extent low-technology industries experienced a greater competitiveness in the EU-15 internal and external trade. These similarities and differences imply implications for industries with different technological intensity, which are associated with trade and policy shifts before and after the accession of Slovenia to the EU.

Suggested Citation

  • Stefan Bojnec & Matjaz Novak, 2006. "Technological Intensity and Patterns in Slovenian Merchandise Trade," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 4(1), pages 5-24.
    • Handle: RePEc:mgt:youmgt:v:4:y:2006:i:1:p:5-24
    as

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    File URL: http://www.fm-kp.si/zalozba/ISSN/1581-6311/4_005-024.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    merchandise trade; trade structures; intra-industry trade; comparative trade advantages; price competitiveness;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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