Naslov
Comparison of Trade Patterns of Selected South-Eastern European Countries

Autori
Buturac, Goran

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings from the Third International Conference: Regional Cooperation and Economic Integration - Challenges and Opportunities / Kikerkova, Irena - Skopje : Faculty of Economics - Skopje, 2009, 75-89

ISBN
978-608-212-007-2

Skup
Regional Cooperationand Economic Integration: Challenges and Opportunities

Mjesto i datum
Skopje, Sjeverna Makedonija, 2009

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
trade patterns; comparative advantages; trade specialization; export competitiveness; south-eastern European countries

Sažetak
This paper examines the trade patterns of selected south-eastern European countries. The empirical research comprises the analyses of: dispersion and concentration, comparative advantages, intra-industry trade, trade specialization, export competitiveness and export similarities. The methodology of the paper is based on applying the following indicators of international trade: TEI (Trade Entropy Index), RCA (Revealed Comparative Advantages), Grubel-Loyd Index (GL), RUV (Relative Unit Value), Index of Export Competitiveness and Index of Export Similarities (ES). The empirical results for the observed countries reveal the conclusion about existing comparative advantages in raw materials and labor intensive sectors (base metal, textiles, footwear, wood). Those products with a higher level of comparative advantage do not have a higher ratio between the unit value of exports and imports which points to unfavourable trade patterns. All the observed countries show the most favorable position on the EU 25 markets in agricultural and textile sectors. Analyzed countries do not have competitive export structures but complementary.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA