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001-es BibID:BIBFORM066157
Első szerző:Erdey László (közgazdász)
Cím:Determinants of Exports of Hungary: Trade Theory and the Gravity Model / László Erdey, Andrea Pöstényi
ISSN:0001-6373 1528-2659
Megjegyzések:The end of the Communist regime brought about great changes in the economies of Central and Eastern Europe; the restructuring of foreign trade was one of the biggest challenges for these countries. After the transition period, Hungary has become a very open country with its trade to GDP ratio around 1.5, while trading with more than 190 countries in 2014. The central aim of this paper is to analyze the determinants of exports for this small Central European country in the period of 1993-2014, with an emphasis on the impact of factor endowments. According to our results, economic size, common border and free trade agreements have a statistically significant positive effect on the exports of Hungary, while the coefficient of distance has the expected negative sign. We measured factor endowments with several approaches and our results show that exports of Hungary correspond to the Linder hypothesis, i.e. Hungary tends to trade more with countries having similar factor endowments, and thus its trade is based on differentiated products
Tárgyszavak:Társadalomtudományok Közgazdaságtudományok idegen nyelvű folyóiratközlemény hazai lapban
factor endowments
Heckscher-Ohlin model
Linder hypothesis
gravity model
Megjelenés:Acta Oeconomica. - 67 : 1 (2017), p. 77-97. -
További szerzők:Pöstényi Andrea (1988-) (közgazdász)
Internet cím:Intézményi repozitóriumban (DEA) tárolt változat
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