The impact of globalizationon a higher specialization levelin international exchange of goods Cover Image

Wpływ globalizacji na wzrost poziomu specjalizacji w międzynarodowej wymianie handlowej
The impact of globalizationon a higher specialization levelin international exchange of goods

Author(s): Elżbieta Jantoń-Drozdowska, Maria Majewska
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: international trade; well-being; globalization; specialization

Summary/Abstract: The aim of this paper is to prove that high degree of world economy globalization leads to the deepening of specialization and thus to a higher concentration level of industry, reflected in a larger scale of intra-industry trade. This phenomenon is related with achieving relatively high added value from international trade. A comparative analysis of 48 countries divided into three groups according to their income level performed in the years 1995-2010 have confirmed the presence of considered regularities that are characteristic for subsequent stages of a country’s economic development path, that means first an increasing diversification of the production and export structure, and then its subsequent and gradual decline.

  • Issue Year: 2013
  • Issue No: 305
  • Page Range: 228-239
  • Page Count: 12
  • Language: Polish
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