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RESEARCH PRODUCT

Measuring International Competitiveness of Romania by Using Porter's Diamond and Revealed Comparative Advantage

Mihaela Herciu

subject

Porter‘s Diamondmedia_common.quotation_subjectRomanianGeneral EngineeringEnergy Engineering and Power TechnologyRevealed comparative advantageConstructiveCompetitive advantageRomania.language.human_languageinternational competitivenesslanguageEconomicsmedia_common.cataloged_instanceProfitability indexProsperityEconomic systemEuropean unionDisadvantagerevealed competitive advantagemedia_common

description

Abstract International competitiveness generate a number of challenges because creates profitability for companies, welfare for citizens, sustainable prosperity for the economy as long as it is perceived as a constructive concept. The aim of present paper is to identify the international competitiveness of Romania by analyze the competitive advantage and disadvantage according to Porter‘s Diamond, on one hand, and by calculate revealed comparative advantage according to Balasa, on the other hand. The results show that Romanian has more competitive disadvantage than competitive advantage, even if by comparison with European Union, Romania has some revealed comparative advantage.

10.1016/s2212-5671(13)00140-8http://dx.doi.org/10.1016/S2212-5671(13)00140-8