Country-specific determinants of intra-industry trade in pharmaceuticals: the case of Poland and its European Union partners

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Show simple item record Łapińska, Justyna Meluzínová, Jana Uhman, Jiří
dc.contributor.other Ekonomická fakulta cs 2019-06-15T15:51:01Z 2019-06-15T15:51:01Z
dc.identifier.issn 1212-3609
dc.description.abstract Trade cooperation between European Union countries is based mainly on intra-industry trade, consisting in the simultaneous import and export of similar products belonging to the same industry (commodity group). en
dc.description.abstract The present study has investigated the country-specific determinants of intra-industry trade between Poland and its European Union trading partners in pharmaceutical products during the time period 2004-2016. To this end, an econometric model for panel data was constructed. en
dc.description.abstract The research shows that the intensity of intra-industry trade in Poland-EU trade in pharmaceuticals is determined by several key factors. The intensity of trade with particular EU countries and the size of general government expenditure on health in the countries of trading partners have a positive impact on the development of this type of exchange. A factor that significantly and simultaneously affects the intensity of intra-industry trade is the degree of imbalance in the trade balance in pharmaceutical products with individual trading partners. en
dc.description.abstract The development of intra-industry trade is also limited by factors related to the level of economic development of trading partners. The study confirmed that the greater the differences in the level of GDP per capita between Poland and the trading partner, the less intense intra-industry trade. Also, the growth of GDP per capita in the countries of trade partners is not conducive to the development of intra-industry trade in Poland’s trade in pharmaceuticals. The direction of the impact of this variable (GDP per capita) on the intensity of two-way trade obtained in this study does not confirm the predictions of the theory of intra-industry trade. However, the negative impact of this factor can be explained by the specificity of pharmaceutical products that are purchased by consumers generally only in justified situations resulting from health or life protection. en
dc.format text
dc.language.iso en
dc.publisher Technická Univerzita v Liberci cs
dc.publisher Technical university of Liberec, Czech Republic en
dc.relation.ispartof Ekonomie a Management cs
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dc.rights CC BY-NC
dc.subject intra-industry trade en
dc.subject pharmaceutical products en
dc.subject Poland en
dc.subject European Union en
dc.subject.classification F12
dc.subject.classification F14
dc.title Country-specific determinants of intra-industry trade in pharmaceuticals: the case of Poland and its European Union partners en
dc.type Article en
dc.publisher.abbreviation TUL
dc.relation.isrefereed true
dc.identifier.doi 10.15240/tul/001/2019-2-013
dc.identifier.eissn 2336-5604
local.relation.volume 22
local.relation.issue 2
local.relation.abbreviation E+M cs
local.relation.abbreviation E&M en
local.faculty Faculty of Economics
local.citation.spage 188
local.citation.epage 202
local.access open
local.fulltext yes
local.filename EM_2_2019_13

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