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Title:

Import penetration rate in view of a new concept of measuring foreign trade

Group publication title:

Argumenta Oeconomica

Creator:

Fronczek, Małgorzata

Subject and Keywords:

international trade ; import penetration ; trade in value added ; foreign trade of EU

Description:

Argumenta Oeconomica, 2017, Nr 1 (38), s. 285-297

Abstrakt:

The article discusses the issue of import market penetration (IPR). The formula that has been in use so far assumes that the products manufactured and exported by a given country do not contain any foreign value and, likewise, the goods imported by a country do not contain any domestic value. In today’s open economy, however, the models taking such assumptions significantly distort the picture of the reality. The new concept on measuring foreign trade based on added value is an attempt at eliminating this limitation. Accordingly, it would be justifiable to modify the formula of the indicator so that it could account for the foreign value in the production and exports, while leaving out the domestic value in imports. The article is an attempt to develop such a formula and apply it to the assessment of the import penetration rate for the EU-15 countries [...]

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2017

Resource Type:

artykuł

Format:

application/pdf

Resource Identifier:

doi:10.15611/aoe.2017.1.11

Language:

eng

Relation:

Argumenta Oeconomica, 2017, Nr 1 (38)

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu