Magyarország aszimmetrikus kereskedelmi függősége az integrációs profil szemszögéből (Hungary’s assimetric trade dependency)

A tanulmány az integrációs profil szempontjából fontos külkereskedelmi aszimmetrikus függőség kérdését járja körbe Németország vonatkozásában. A tanulmány célja azon kérdések megválaszolása, hogy a Németországhoz fűződő kereskedelmi függőség földrajzi eloszlása – és ezzel Magyarország integrációs profilja – változott-e jelentősen a 2004-es teljes jogú tagsággal, illetve a jelen gazdasági válság következtében előtérbe kerülő és láthatóan átalakuló EU-n belüli centrum-periféria viszony módosulásának van-e bármi jele a magyar külkereskedelem földrajzi aspektusában? _____ The short study analyses the Hungarian trade-related asymmetric dependency regarding the German economy. The paper seeks to analyse how the foreign trade related Hungarian integration profile was affected by the EU-accession back in 2004, and whether the dependency detected in the country’s trade relations reveals any signs of the emergence of a centre-periphery within the European Union.

Economic reform, allocative effiency and terms of trade

It has widely been agreed that the distorted price system is one of the causes of inefficient ecooomic decisions in centrally planned economies. The paper investigates the possible effect of a price reform on the allocation of resources in a situation where micro-efficiency remains unchanged. Foreign trade and endogenously induced terms-of-trade changes are focal points ín the multisectoral applied general equilibrium analysis. Special attention is paid to some methodological problems connected to the representation of foreign trade in such models. The adoption of Armington's assumption leads to an export demand function and this in turn gives rise to the question of optimal export structure, different from the equilibrium one-an aspect so far neglected in the related literature. The results show, that the applied model allows for a more flexible handling of the overspecialization problem, than the linear programming models. It also becomes evident that the use of export demand functions brings unwanted terms-of-trade changes into the model, to be avoided by a suitable reformulation of the model. The analysis also suggests, that a price reform alone does not significantly increase global economic efficiency. Thus the effect of an economic reform on micro-efficiency appears to be a more crucial factor. The author raises in conclusion some rather general questions related to the foreign trade practice of small open economies.