Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74966
Authors: 
Kancs, D'Artis
Ciaian, Pavel
Year of Publication: 
2009
Series/Report no.: 
LICOS Discussion Paper 238
Abstract: 
In this paper we study the detfirminants of the factor content of the CEE agricultural trade. Examining empirically three hypothesis, which relate cross-country differences in technology, relative factor abundance and transaction costs and market imperfections to the factor content of trade we find that the first two hypotheses are confirmed by the majority of developed EU countries, but rejected by roughly one half of the CEE transition country pairs. Second, we find that when accounting for transaction costs of firm (re)organization, both hypotheses are confirmed by the majority of the CEE country pairs. These findings provide empirical evidence of market imperfections, and particularly, of transaction costs of firm (re)organization in the CEE.
Subjects: 
Factor content
bilateral trade
relative factor abundance
technological differences
agriculture
transaction costs
JEL: 
F12
F14
D23
Q12
Q17
Document Type: 
Working Paper

Files in This Item:
File
Size
277.31 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.