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Romania And Its Position On Global Value Chain An Introductive Analysis

Author

Listed:
  • ÅžERBÄ‚NEL Cristiana Ioana

    (University of Economic Studies, Bucharest, Romania)

  • COJANU Valentin

    (University of Economic Studies, Bucharest, Romania)

Abstract

Global value chains (GVCs) loomed as a paradigm for the international scheme of production process. For a large share of goods and services organization of production is nowadays vertically fragmented across different countries. This article offers a vision of Romania's position on GVCs by answering to the following questions: Where do Romanian exports go? and Which are the countries the mostly generate income for Romania through intermediate use of Romanian exports. The present paper highlights Romania and its place on global value chain.

Suggested Citation

  • ÅžERBÄ‚NEL Cristiana Ioana & COJANU Valentin, 2016. "Romania And Its Position On Global Value Chain An Introductive Analysis," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(1), pages 193-207, June.
    • Handle: RePEc:blg:reveco:v:68:y:2016:i:1:p:193-207
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/68113serbanel&cojanu.pdf
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    More about this item

    Keywords

    global value chains; international trade; vertical specialization; Romania;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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