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Zahraničnoobchodný efekt vstupu Slovenska do colnej únie Európskej únie
[Foreign trade effect of Slovakia accession to the EU custom union]

Author

Listed:
  • Richard Outrata
  • Michaela Gajdošová
  • Saleh Mothana Obadi

Abstract

The paper deals with some aspects of foreign trade impact of EU's custom union accession of Slovakia. It issues from the Jacob Viner's hypothesis on trade creation and trade diversion, and proves this hypothesis through chosen instrumentarium. Analysis leads to conclusion that due to gradual removing of tariff trade barriers mainly of non-agricultural commodities in the framework of free trade area can lead not only to tendency of inter-industry, as Viner assumed, but still in more extent towards intra-industry trade tendency based on international technological specialization. This was the Slovakia's case. After the EU accession it is expected trade creation with non-preferential third countries in non-agricultural commodities and with trade diversion in agricultural commodities. Jacob Viner's hypothesis should be completed and wider interpreted.

Suggested Citation

  • Richard Outrata & Michaela Gajdošová & Saleh Mothana Obadi, 2004. "Zahraničnoobchodný efekt vstupu Slovenska do colnej únie Európskej únie [Foreign trade effect of Slovakia accession to the EU custom union]," Politická ekonomie, Prague University of Economics and Business, vol. 2004(3), pages 330-343.
    • Handle: RePEc:prg:jnlpol:v:2004:y:2004:i:3:id:463:p:330-343
    DOI: 10.18267/j.polek.463
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    References listed on IDEAS

    as
    1. Raymond Vernon, 1966. "International Investment and International Trade in the Product Cycle," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(2), pages 190-207.
    2. Balassa, Bela, 1974. "Trade Creation and Trade Diversion in the European Common Market: An Appraisal of the Evidence," The Manchester School of Economic & Social Studies, University of Manchester, vol. 42(2), pages 93-135, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    trade creation; international trade specialization; trade diversion; non preferential and preferential third countries; inter and intra-industry trade; unit cost and price advantages;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

    Statistics

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