6533b86cfe1ef96bd12c8331

RESEARCH PRODUCT

Dynamics of the Comparative Advantages in Romanian Exports Compared to the European Union

Eugenia HarjaOana Ancuţa Stângaciu

subject

RomanianGeneral EngineeringEnergy Engineering and Power TechnologyRegression analysisConvergence (economics)International economicslanguage.human_languageComparative advantagesOrder (exchange)Specialization (logic)EconometricslanguageEconomicsmedia_common.cataloged_instanceProduction (economics)ExportEuropean unionComparative advantageBALASSA indexmedia_commonDalum index

description

Abstract The main objective of this paper is to prove if the dynamics of the comparative advantages in Romania in the period of time 2000- 2011 has any convergence potential and if the specialization of production capacities has suffered modifications. For the study of the comparative advantage dynamics in Romanian exports compared to the European Union in the period of time 2000-2011, we analysed the modifications in the structure of the sections included in the Combined Nomenclature for national exports and we calculeted the Balassa and the Dalum indexes. In order to emphasize the convergence and the stability in time of the export structure we used the econometric tools specific to the regression analysis.

10.1016/s2212-5671(13)00176-7http://dx.doi.org/10.1016/S2212-5671(13)00176-7