Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/153992
Authors: 
Silgoner, Maria
Steiner, Katharina
Wörz, Julia
Schitter, Christian
Year of Publication: 
2013
Series/Report no.: 
ECB Working Paper 1559
Abstract: 
We investigate the impact of China as a global competitor on the trade performance of the ten Central, Eastern and Southeastern European EU Member States (CESEE-10) in the EU-15 market. The paper takes a comprehensive approach as we analyze export growth, export market shares, extensive and intensive margins and the dynamics in the number of joint trade links (Dynamic Trade Link Analysis) from 1995 to 2010. According to our findings, the most contested markets are those for capital goods and transport equipment. Overall, competition between CESEE-10 and China intensified as a result of their outstanding competitiveness and the continuous deepening of already existing trade relationships, while cutthroat competition has not materialized. While this suggests that the CESEE countries pursue a suitable export strategy, diversification of production toward promising new industries and markets remains essential, not least because the EU-15 market is projected to grow at a slower pace in the longer run.
Subjects: 
central
China
competitiveness
Eastern and Southeastern Europe
trade shift-share analysis
JEL: 
F14
F15
O57
Document Type: 
Working Paper

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