Transaction costs and export intensification: The cases of Poland and Hungary

The purpose of this paper is to explain if and how foreign sales are affected by the level of transaction costs within industries in Poland and Hungary. The main hypotheses reflect the potential correlation for different types of industries. The paper attempts to transfer the notion of transaction c...

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Bibliographic Details
Published inComparative economic research. Central and Eastern Europe Vol. 19; no. 4; pp. 123 - 139
Main Author Mroczek-Dąbrowska, Katarzyna
Format Journal Article
LanguageEnglish
Published Warsaw De Gruyter 01.12.2016
De Gruyter Open
University of Łódź
Lodz University Press
Subjects
Costs
degree of industry internationalization
Economic growth
Economic statistics
Economic theory
export intensification
Exports
Foreign investment
Globalization
Hungary
industry transaction costs
International trade
Macroeconomics
Poland
Property rights
Service industries
Studies
Transaction costs
Hungary
Poland
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Summary:The purpose of this paper is to explain if and how foreign sales are affected by the level of transaction costs within industries in Poland and Hungary. The main hypotheses reflect the potential correlation for different types of industries. The paper attempts to transfer the notion of transaction costs, originally applied at the micro-perspective level, to the analysis of industries using a mesoeconomic perspective. We argue that transactions cost levels influence the overall willingness to expand abroad. While there has been much research carried out in the area of export intensification of particular companies, few empirical studies can be found concerning entire industries.
ISSN:2082-6737
1508-2008
2082-6737
DOI:10.1515/cer-2016-0033