<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Poland achieved an excellent reputation for economic transformation during the recent global recession. The European debt crisis, however, quickly forced the reorientation of Poland’s trade outside of the European Union (EU), especially toward the dynamic region of East Asia. This study analyzes time series data from 1999 to 2013 to detect outliers in order to determine the bilateral trade paths between Poland and each East Asian country during the events of Poland’s accession to the EU in 2004, the global financial crisis from 2008 to 2009, and the European debt crisis from 2010 to 2013. From the Polish standpoint, the results showed significantly clustering outliers in the above periods and in the general trade paths from dependence through distancing and improvement to the chance of approaching East Asian partners. This study also shows that not only China but also several other countries present an excellent opportunity for boosting bilateral trade, especially with regard to Poland’s exports.</p></abstract>

Poland achieved an excellent reputation for economic transformation during the recent global recession. The European debt crisis, however, quickly forced the reorientation of Poland’s trade outside of the European Union (EU), especially toward the dynamic region of East Asia. This study analyzes time series data from 1999 to 2013 to detect outliers in order to determine the bilateral trade paths between Poland and each East Asian country during the events of Poland’s accession to the EU in 2004, the global financial crisis from 2008 to 2009, and the European debt crisis from 2010 to 2013. From the Polish standpoint, the results showed significantly clustering outliers in the above periods and in the general trade paths from dependence through distancing and improvement to the chance of approaching East Asian partners. This study also shows that not only China but also several other countries present an excellent opportunity for boosting bilateral trade, especially with regard to Poland’s exports.

Poland’s Trade with East Asia: An Outlier Approach

I-Shou University, Department of International Business, No. 1, Sec. 1, Syuecheng Rd., Dashu District, Kaohsiung City 84001, Taiwan

Folia Oeconomica Stetinensia

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Poland\u2019s Trade with East Asia: An Outlier Approach"}

Poland achieved an excellent reputation for economic transformation during the recent global recession. The European debt crisis, however, quickly forced the...

Poland’s Trade with East Asia: An Outlier Approach

Published Online: Apr 30, 2016

Page range: 81 - 100

Received: May 20, 2015

Accepted: Nov 05, 2015

DOI: https://doi.org/10.1515/foli-2015-0037

Keywords
bilateral trade, outlier approach, clustering outliers, Poland, East Asia

© 2015 University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Poland’s Trade with East Asia: An Outlier Approach

Published Online: Apr 30, 2016

Page range: 81 - 100

Received: May 20, 2015

Accepted: Nov 05, 2015

DOI: https://doi.org/10.1515/foli-2015-0037

Keywordsbilateral trade, outlier approach, clustering outliers, Poland, East Asia

© 2015 University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
bilateral trade, outlier approach, clustering outliers, Poland, East Asia