Research Article
THE EVALUATION OF BALKAN COUNTRIES CLOTHING TRADE WITH EU-28 BASED ON THE ANALYSIS OF COMPARATIVE ADVANTAGES INDICES
Abstract
This paper presents an analyses of the trade competitiveness of the clothing sector of Balkans countries’ vis-à-vis the EU-28 using 3 indicators: the Balassa index (RCA), the Vollrath’s revealed competitiveness (VRC), and Lafay Index (LFI), during 2000–2015. All analyzed countries experienced a decrease in their comparative advantage, though it still remained on a high level in the case of Turkey, Macedonia, and Albania in on acceptable level in the case of Romania. We observed weakening comparative advantage stability, underpinned by convergence of revealed comparative advantage pattern.
References
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- 2. Dornbusch, R.; Fischer, S. & P. Samuelson, 1977, "Comparative Advantage, Trade and Payments in a Ricardian Model with a Continuum of Goods", American Economic Review. 67. pp: 823–839.
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- 5. H.H. Liesner, 1958, “The European common market and British industry”, Economic Journal 68, pp: 302–316.
- 6. Balassa, B., 1977, “Revealed” comparative advantage revisited: An analysis of relative export shares of the industrialised countries”, The Manchester School, 45(4), pp: 327–344.
- 7. T.L. Vollrath, 1991, “A Theoretical Evaluation of Alternative Trade Revealed Comparative Advantage Measures of Intensity”, Weltwirtschaftliches Archiv, 130, pp: 265-279.
- 8. Zaghini, Andrea, 2003,"Trade advantages and specialisation dynamics in acceding countries".
Year 2018,
Volume: 28 Issue: 3, 178 - 181, 01.10.2018
Abstract
References
- 1. Blaug, M., 1992, “The methodology of economics, or, How economists explain”. Cambridge University Press. ISBN0-521-43678-8, p.190.
- 2. Dornbusch, R.; Fischer, S. & P. Samuelson, 1977, "Comparative Advantage, Trade and Payments in a Ricardian Model with a Continuum of Goods", American Economic Review. 67. pp: 823–839.
- 3. Peteraf, M. A., 1993, “The cornerstones of competitive advantage: A resource-based view”, Strategic management journal, 14(3), pp: 179-191.
- 4. Gupta, S.D., 2009, “Comparative Advantage and Competitive Advantage: An Economics Perspective and a Synthesis”, Canadian Economics Association Conference, Toronto.
- 5. H.H. Liesner, 1958, “The European common market and British industry”, Economic Journal 68, pp: 302–316.
- 6. Balassa, B., 1977, “Revealed” comparative advantage revisited: An analysis of relative export shares of the industrialised countries”, The Manchester School, 45(4), pp: 327–344.
- 7. T.L. Vollrath, 1991, “A Theoretical Evaluation of Alternative Trade Revealed Comparative Advantage Measures of Intensity”, Weltwirtschaftliches Archiv, 130, pp: 265-279.
- 8. Zaghini, Andrea, 2003,"Trade advantages and specialisation dynamics in acceding countries".
There are 8 citations in total.
Details
| Primary Language | English |
|---|---|
| Journal Section | Articles |
| Authors | |
| Publication Date | October 1, 2018 |
| Submission Date | May 31, 2017 |
| Acceptance Date | January 30, 2018 |
| Published in Issue | Year 2018 Volume: 28 Issue: 3 |