Looking for the sectoral interdependence: evidence from the Visegrad countries and China

Abstract

This article presents the Visegrad Group (V4) member countries with special focus on the role of these countries in international trade relations with China, especially global value chains (GVCs) in terms of selected sectors. We have chosen five sectors: manufacture of motor vehicles, trailers and semi-trailers; manufacture of computer, electronic and optical products; mining and quarrying; basic metals and fabricated metal products; and manufacture of electrical equipment. The goal of this paper is to analyse the role of China in the V4 states' gross exports and vice versa in selected sectors. We verified two hypotheses: (1) the V4 countries have deteriorated their positions in GVCs in relation to China in selected sectors recently; (2) the V4 states have become more dependent on Chinese value added embodied in their gross exports of selected sectors, but the opposite trend has not been observed. To achieve the aim of this study we investigated on the sectoral links between China and the V4 countries.

Cross-Sectoral Inter-Country Linkages under the Belt and Road Initiative: Chinese ICT Services Value Added Inflows to Manufacturing Exports in the New Eurasian Land Bridge Economies

“…Generally, the more intensified the trade between China and the NELB economies in terms of FVA, the greater the dependence of the NELB countries on Chinese FVA and closer the integration within GVCs. Unfortunately, this integration mostly occurs in backward linkages [47]. Even though, this phenomenon seems to be more visible in terms of services, especially in ICT services.…”

“…In order to analyze the participation and position of the NELB economies in GVCs as well as the flows of value added between Chinese services and these countries' manufacturing, we applied the methodology described in detail in another paper [47]. A multi-regional input-output model was employed, which also included value-additions in industries/sectors.…”

EU Enlarged Countries’ Trade With East Asia: Outliers In Export And Import Time Series

“…East Asia is labelled as a "world factory" and theoretically may bring about some cooperation or interaction with the transformed EECs. Indeed, it raises the issue that EECs are competitors to EACs in the global supply chain (Fung et al 2009;Silgoner et al 2015); the production linkage of Asia and Europe is via EECs (Ando and Kimura 2013); and some EEC trade relationships focus on China (Cieślik 2019). However, the indefinite conclusions result in small amounts of EEC-EAC trade along with scarce advance research interested in these topics.…”

Relationship among Economic Growth (GDP), Energy Consumption and Carbon Dioxide Emission: Evidence from V4 Countries

“…Geopolitical changes, neighborhood cooperation, and similar economic goals allowed the V4 countries to expand into new markets and take advantage of international trade [16], which directly increased the value of foreign trade [17,18]. These countries are characterized by high dynamics of economic growth, the level of which is subject to economic fluctuations [19,20].…”