Intra-industry trade in high-tech products in Serbia

Veselinović, Nevena and Ćuzović, Đorđe (2022) Intra-industry trade in high-tech products in Serbia. In: I International Conference on Advances in Science and Technology, Herceg Novi, 26-29 May 2022. Faculty of Management, Herceg Novi, pp. 724-731. ISBN 978-9940-611-04-0

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Abstract

Intra-industry trade (IIT) is the simultaneous export and import of similar products or services by one country. This model of trade is contrary to traditional theories of international trade and has occupied the attention of researchers since the 1960s. According to the Organization for Economic Co-operation and Development (OECD), high-tech products are defined as technical products whose production implies a high intensity of research and development. The paper will present data on the intensity of IIT between Serbia and its foreign trade partners from 2012 to 2020. The value of this index in the observed period ranged from 0.297 to 0.399. Also, the paper will present data on the exchange of high-tech products and the intensity of IIT between Serbia and the EU, CEFTA 2006, and Montenegro in the same period.

Item Type: Book Section
Additional Information: COBISS.ID=170886921
Uncontrolled Keywords: intra-industry trade, Grubel-Lloyd index, high-tech products
Research Department: Macroeconomics
Depositing User: Jelena Banovic
Date Deposited: 15 Jul 2025 08:51
Last Modified: 15 Jul 2025 08:51
URI: http://ebooks.ien.bg.ac.rs/id/eprint/2195

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