Intra-industry Trade in Croatia: Trends and Determinants

IF 0.4 Q4 ECONOMICS

Croatian Economic Survey Pub Date : 2020-06-10 DOI:10.15179/ces.22.1.1

Hrvoje Jošić, Berislav Žmuk

引用次数: 5

Abstract

This paper investigates trends and determinants in intra-industry trade in Croatia. Intra-industry trade refers to a two-way trade of differentiated products. The level of intra-industry trade between Croatia and EU, CEE, and countries worldwide is calculated using the Grubel-Lloyd index under HS-2 and HS-4 product groups. Dynamic changes in intra-industry trade are shown by calculating marginal intra-industry trade indices. In addition to this, bilateral weighted adjusted intra-industry trade indices for Croatia and 24 most important trading partner countries are calculated in the period from 2001 to 2017. A panel-econometric analysis investigates the determinants of intra-industry trade in Croatia using a random effects model due to time-invariant characteristics of some determinants. The results of the analysis show that gross domestic product, common border, EU membership, and the distance between Croatia and trading partner countries have significant influence on the level of intra-industry trade in Croatia.

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克罗地亚产业内贸易:趋势和决定因素

本文调查了克罗地亚产业内贸易的趋势和决定因素。产业内贸易是指差异化产品的双向贸易。克罗地亚与欧盟、中东欧和世界各国之间的产业内贸易水平是使用HS-2和HS-4产品组下的Grubel-Lloyd指数计算的。通过计算边际产业内贸易指数来显示产业内贸易的动态变化。除此之外，还计算了2001年至2017年期间克罗地亚和24个最重要贸易伙伴国的双边加权调整后产业内贸易指数。由于一些决定因素的时不变特征，小组计量经济学分析使用随机效应模型调查了克罗地亚产业内贸易的决定因素。分析结果表明，国内生产总值、共同边界、欧盟成员国身份以及克罗地亚与贸易伙伴国之间的距离对克罗地亚的产业内贸易水平有显著影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Croatian Economic Survey ECONOMICS-

CiteScore

0.90

自引率

0.00%

发文量

审稿时长

12 weeks

期刊介绍： The journal Croatian Economic Survey is a Diamond Open Access journal defined by the following characteristics: -Peer review: the article goes through the journal''s process of a double-blind peer review. -Public access: both the author and the public have immediate access to the final, published version of the article. -Funding model: both the author and the public pay no fee to the journal. The journal is financially supported by the Ministry of Science and Education of the Republic of Croatia. Croatian Economic Survey is an English-language, peer-reviewed scholarly journal published by the Institute of Economics, Zagreb in Croatia and financed by the Croatian Ministry of Science and Education. The journal aims to serve as a forum for academics and practitioners by publishing high-quality research papers on topics in all areas of economics. Special focus is given to post-socialist Europe. Comparative studies are especially encouraged, since these countries share a similar socio-economic background and comparative studies offer a valuable source of insight for policy formulation as well as a basis for competitive benchmarking. The journal welcomes empirical and policy-oriented papers relevant to a broader international audience. Contributions need not be limited solely to economics; submissions from other related disciplines are encouraged.