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1

CAN FOREIGN DIRECT INVESTMENT PROMOTE EXPORTS IN SLOVAKIA?

100%
Li Z.-Z., Su C.-W., Tao R., Lobont O.-R.
Ekonomický časopis (Journal of Economics)
|
2019
|
vol. 67
|
issue 2
135 – 156
EN
In this paper, we investigate whether the knowledge capital model (Carr Markusen and Maskus, 2001) is satisfied in Slovakia by applying the bootstrap rolling window subsample test to examine the causal relationship between foreign direct investment (FDI) and exports (EX). This method provides more accurate evidence of a connection between these two variables considering structural changes. The empirical results show a positive correlation between FDI and EX and support the vertical FDI in the knowledge capital model in most sample periods. When FDI rises, EX will increase accordingly and vice versa. In addition, FDI exerted a negative effect on EX in 2011, which is attributable to the relative state of the situation at home and abroad. The findings illustrate that FDI and EX benefit from the free economic institution reforms and inexpensive resources. Therefore, the Slovakian government should improve tax reforms and maintain the stability of legislation to achieve mutual promotion between FDI and EX.
2

CONTENT OF KNOWLEDGE-INTENSIVE BUSINESS SERVICES IN INTERNATIONAL TRADE: EVIDENCE FROM EUROPEAN UNION COUNTRIES

75%
Przybyliński M., Wyszkowska-Kuna J.
Ekonomický časopis (Journal of Economics)
|
2021
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vol. 69
|
issue 1
34 – 58
EN
In this paper, we propose four measures to calculate the KIBS intensity of trade (i.e., KIBS terms of trade; an importance indicator; an indicator showing the relative KIBS intensity of exports; and an indicator showing the relative importance of KIBS). Finally, we examine the composition of KIBS output imputed to export. The study refers to the EU countries. Calculations are based on a set of input-output tables from the World Input-Output Database for the period 2000 – 2014. Empirical results demonstrate that the EU-15 has a clear and growing advantage over the EU-13 in KIBS direct exports, but when taking into account indirect KIBS trade, the EU-15’s advantage is smaller, with a decreasing trend. Export appeared to be more KIBS-intensive than production for domestic final demand, and computer and information services were the main engine behind the growing KIBS intensity of export. Among the EU countries, Ireland is an outlier.
3

REASONS OF THE GREEK CRISIS (Przyczyny greckiego kryzysu)

75%
Rymarczyk J.
Ekonomia - Uniwersytet Ekonomiczny we Wroclawiu
|
2011
|
issue 1(13)
175-184
EN
In the article the author analyzes the major causes of the outbreak of the economic crisis in Greece. In his opinion they are: mistaken economic policy of the state, not taking structural changes of the economy and not using the chances of globalization and the membership in the European Union to increase the competitiveness of the economy. The author also shows the chances to solve the crisis.
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