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EFFECTS OF GLOBALIZATION AND CORRUPTION ON THE OUTWARD FDI IN OECD COUNTRIES

100%
Bojnec Š., Fertӧ I.
Ekonomický časopis (Journal of Economics)
|
2017
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vol. 65
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issue 3
201 – 219
EN
The paper investigates impacts of globalization and corruption-free on the outward foreign direct investment (FDI) for 22 OECD countries. The baseline model confirms the positive link of home and host country gross domestic product (GDP) per capita and Linder’s hypothesis, home and host size of GDP and its similarity, host agglomeration of multinational enterprises, common currency euro, and the negative link with geographical distance. The results for the effects of globalization and corruption-free on the outward FDI are mixed. The significant positive association pertained to home and host country economic globalization is confirmed, but the significant negative association pertained to home and host county social globalization. The significant positive association of outward FDI with the corruption-free in host country and the significant negative association with the corruption-free in home country and for corruption similarity suggest FDI outflows from low corruption-free home country to high corruption-free host country. This finding implies FDI preference for corruption-free economically globalized OECD host countries.
2

HUNGARIAN AND SLOVENIAN AGRO-FOOD TRADE WITH THREE MAIN EUROPEAN UNION PARTNERS

100%
Bojnec Š., Fertӧ I.
Ekonomický časopis (Journal of Economics)
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2007
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vol. 55
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issue 4
345-358
EN
The paper investigates revealed comparative advantages and competitiveness of the Hungarian and Slovenian agro-food trade in the three main European Union markets between 1993 and 2003. The Balassa index indicates that both countries have lost comparative advantage for a number of product groups over time. The results show that in Hungarian two-way agro-food trade the prevalence is on successful price competition and on successful quality competition. In Slovenian two-way agro-food trade the prevalence is on unsuccessful price competition and unsuccessful quality competition. The tests for consistency associations between the revealed comparative advantages and the competitiveness measures confirm similarities and differences in the results.
3

STRUCTURE AND CONVERGENCE OF AGRO-FOOD TRADE OF CENTRAL AND EASTERN EUROPEAN COUNTRIES WITH THE EUROPEAN UNION DURING PRE-ACCESSION

100%
Bojnec Š., Fertӧ I.
Ekonomický časopis (Journal of Economics)
|
2010
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vol. 58
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issue 7
677-689
EN
The authors analyse agro-food trade structures of Central and Eastern European countries (CEECs) with the European Union (EU-15) market to identify the specialisation patterns during the pre-accession using different trade indices. The analyses assess whether these patterns in the CEECs agro-food trade structures indicate convergence of the agro-food trade specialisation. They find that CEECs agro-food export has converged towards greater structural similarity with the EU-15 market, but less in high and very high quality differentiated agro-food products. This implies some of the CEECs pre-accession integration difficulties with higher valued agro-food products on the EU-15 market during adjustments and structural changes of CEECs' agro-food export patterns towards more competitive EU-15 market.
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