IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpol/v2012y2012i2id837p187-207.html
   My bibliography  Save this article

Vliv globalizace na fungování mezinárodního obchodu
[Impact of Globalisation on the Functioning of International Trade]

Author

Listed:
  • Marek Rojíček

Abstract

A phenomenon of globalization of world economy leads to diminishing of the borders between states. There is an important role of international trade in this process, which appears in much more heterogeneous forms than in the past. While the classical theory of foreign trade basically assumed commodity trade with the final products, due to fragmentation of production chains the major part of trade is performed with intermediate goods and also the trade in services becomes more and more dynamic. Increasing volume of the trade between countries is carried out without changing the ownership of traded goods, and vice versa - changing the ownership of goods without crossing the border of the country. There is important role of multinational enterprises, which are currently behind most of the economic operations. The major implication of these phenomena is increasingly difficult possibility to capture the statistical data correctly and therefore to obtain objective data on the behaviour of the economy for analytical purposes and economic policy.

Suggested Citation

  • Marek Rojíček, 2012. "Vliv globalizace na fungování mezinárodního obchodu [Impact of Globalisation on the Functioning of International Trade]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(2), pages 187-207.
  • Handle: RePEc:prg:jnlpol:v:2012:y:2012:i:2:id:837:p:187-207
    DOI: 10.18267/j.polek.837
    as

    Download full text from publisher

    File URL: http://polek.vse.cz/doi/10.18267/j.polek.837.html
    Download Restriction: free of charge

    File URL: http://polek.vse.cz/doi/10.18267/j.polek.837.pdf
    Download Restriction: free of charge

    File URL: https://libkey.io/10.18267/j.polek.837?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Fagerberg, Jan, 2000. "Technological progress, structural change and productivity growth: a comparative study," Structural Change and Economic Dynamics, Elsevier, vol. 11(4), pages 393-411, December.
    2. David L. Hummels & Dana Rapoport & Kei-Mu Yi, 1998. "Vertical specialization and the changing nature of world trade," Economic Policy Review, Federal Reserve Bank of New York, vol. 4(Jun), pages 79-99.
    3. Leamer, E.E., 1995. "The Heckscher-Ohlin Model in Theory and Practice," Princeton Studies in International Economics 77, International Economics Section, Departement of Economics Princeton University,.
    4. World Bank, 2009. "Geography in Motion: World Development Report 2009 (excerpt)," Transnational Corporations Review, Ottawa United Learning Academy, vol. 1(3), pages 40-46, September.
    5. Maurer, Andreas & Degain, Christophe, 2010. "Globalization and trade flows: What you see is not what you get!," WTO Staff Working Papers ERSD-2010-12, World Trade Organization (WTO), Economic Research and Statistics Division.
    6. World Bank, 2009. "World Development Report 2009," World Bank Publications - Books, The World Bank Group, number 5991.
    7. Mr. Peter J Kunzel & Mr. Oleh Havrylyshyn, 1997. "Intra-Industry Trade of Arab Countries: An Indicator of Potential Competitiveness," IMF Working Papers 1997/047, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marek Rojíček, 2010. "Konkurenceschopnost obchodu ČR v procesu globalizace [Competitiveness of the Trade of the Czech Republic in the Process of Globalisation]," Politická ekonomie, Prague University of Economics and Business, vol. 2010(2), pages 147-165.
    2. Athukorala, Prema-chandra & Narayanan, Suresh, 2018. "Economic corridors and regional development: The Malaysian experience," World Development, Elsevier, vol. 106(C), pages 1-14.
    3. Newburry, William & Gardberg, Naomi A. & Sanchez, Juan I., 2014. "Employer Attractiveness in Latin America: The Association Among Foreignness, Internationalization and Talent Recruitment," Journal of International Management, Elsevier, vol. 20(3), pages 327-344.
    4. Roberto Ganau & Andrés Rodríguez-Pose, 2022. "Does urban concentration matter for changes in country economic performance?," Urban Studies, Urban Studies Journal Limited, vol. 59(6), pages 1275-1299, May.
    5. Brülhart, Marius & Desmet, Klaus & Klinke, Gian-Paolo, 2020. "The shrinking advantage of market potential," Journal of Development Economics, Elsevier, vol. 147(C).
    6. Carol Newman & John Page, 2017. "Industrial clusters: The case for Special Economic Zones in Africa," WIDER Working Paper Series 015, World Institute for Development Economic Research (UNU-WIDER).
    7. Pierre-Philippe Combes & Clément Gorin & Shohei Nakamura & Mark Roberts & Benjamin Stewart, 2023. "An Anatomy of Urbanization in Sub-Saharan Africa," SciencePo Working papers Main hal-04345529, HAL.
    8. Valentin Cojanu, 2012. "Beyond the ‘Nation State’: the Quest for New Territorial Paradigms in an Interconnected World Economy," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 18(3), pages 498-511, March.
    9. Christian Düben & Melanie Krause, 2021. "Population, light, and the size distribution of cities," Journal of Regional Science, Wiley Blackwell, vol. 61(1), pages 189-211, January.
    10. Frick, Susanne A. & Rodríguez-Pose, Andrés, 2018. "Change in urban concentration and economic growth," World Development, Elsevier, vol. 105(C), pages 156-170.
    11. Berdegué, Julio A. & Soloaga, Isidro, 2018. "Small and medium cities and development of Mexican rural areas," World Development, Elsevier, vol. 107(C), pages 277-288.
    12. Peter Lloyd, 2011. "Free Trade And Growth In The World Economy," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 56(03), pages 291-306.
    13. Hiroshi Kitamura & Noriaki Matsushima & Misato Sato, 2023. "Which is better for durable goods producers, exclusive or open supply chain?," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 32(1), pages 158-176, January.
    14. Yang, Zili, 2019. "Increasing returns to scale in energy-intensive sectors and its implications on climate change modeling," Energy Economics, Elsevier, vol. 83(C), pages 208-216.
    15. Nİhan Akyelken, 2015. "Infrastructure Development and Employment: The Case of Turkey," Regional Studies, Taylor & Francis Journals, vol. 49(8), pages 1360-1373, August.
    16. Carol Newman & John Page, 2017. "Industrial clusters: The case for Special Economic Zones in Africa," WIDER Working Paper Series wp-2017-15, World Institute for Development Economic Research (UNU-WIDER).
    17. Zbigniew Mogila, 2015. "Conceptual model of the concept of the territorial cohesion," Working Papers 1510, Instytut Rozwoju, Institute for Development.
    18. Kawasaki, Tomoya & Hanaoka, Shinya & Nguyen, Long Xuan, 2014. "The valuation of shipment time variability in Greater Mekong Subregion," Transport Policy, Elsevier, vol. 32(C), pages 25-33.
    19. Hiroshi Kitamura & Noriaki Matsushima & Misato Sato, 2023. "Defending Home against Giants: Exclusive Dealing as a Survival Strategy for Local Firms," Journal of Industrial Economics, Wiley Blackwell, vol. 71(2), pages 441-463, June.
    20. Han, Mengyao & Chen, Guoqian, 2018. "Global arable land transfers embodied in Mainland China’s foreign trade," Land Use Policy, Elsevier, vol. 70(C), pages 521-534.

    More about this item

    Keywords

    intra-industry trade; Heckscher-Ohlin theory; global value chain; Rotterdam effect;
    All these keywords.

    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlpol:v:2012:y:2012:i:2:id:837:p:187-207. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.