IDEAS home Printed from https://ideas.repec.org/a/cmj/seapas/y2015i7p527-535.html
   My bibliography  Save this article

The Evolution Of Romania’S Trade (2002 - 2014): Highlights And Structure

Author

Listed:
  • Camil-George G. STOENESCU

    (The Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

The current paper aims to succinctly highlight and discuss the evolution of Romania’s foreign trade between 2002 and 2014, in relation to the process of European Union integration during the same temporal period, evolution considered under both the quantitative aspect (trade volume) and as well under a qualitative dimension (the structural changes underwent by the Romanian trade, as a direct consequence of the changes that occurred in economy). In order to emphasize these relations and for the purpose of achieving relevant insights into the influence that EU integration had on Romanian economic development, we synthetically analyzed the evolution and structure of Romanian international trade as inflows and outflows (imports and exports) and, consequently, the transformations that characterized the Romania economy after 2000.

Suggested Citation

  • Camil-George G. STOENESCU, 2015. "The Evolution Of Romania’S Trade (2002 - 2014): Highlights And Structure," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 7, pages 527-535, April.
    • Handle: RePEc:cmj:seapas:y:2015:i:7:p:527-535
    as

    Download full text from publisher

    File URL: http://seaopenresearch.eu/Journals/articles/SPAS_7_76.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. GIURGIU Adriana, 2010. "An Overview Of The General Evolution Of The Romanian Foreign Trade After 1989, While Trying To Join The Eu (I)," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 53-58, July.
    2. Lorena Å kufliÄ & Valerija BotriÄ, 2008. "Analysis of the Cohesive Trade Elements Between the European Union and the SEEC-7," Eastern European Economics, Taylor & Francis Journals, vol. 46(1), pages 6-23, January.
    3. Julien Lefilleur, 2008. "Geographic Reorganization of the European Automobile Sector: What Role for the Central and East European Countries in an Enlarged European Union? An Empirical Approach," Eastern European Economics, Taylor & Francis Journals, vol. 46(5), pages 69-91, September.
    4. Bahri Yilmaz, 2005. "The Foreign Trade Pattern and Foreign Trade Specialization in the European Union: A Comparison of Six New Member/Candidate Countries and the EU/15," Eastern European Economics, Taylor & Francis Journals, vol. 43(5), pages 74-100, October.
    5. Marco Montanari, 2005. "EU Trade with the Balkans : Large Room for Growth?," Eastern European Economics, Taylor & Francis Journals, vol. 43(1), pages 59-81, January.
    6. Gheorghe Săvoiu & Vasile Dinu & Laurenţiu Tăchiciu, 2012. "Romania Foreign Trade in Global Recession, Revealed by the Extended Method of Exchange Rate Indicators," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(31), pages 173-194, February.
    7. Hoekman, Bernard & Djankov, Simeon, 1997. "Determinants of the Export Structure of Countries in Central and Eastern Europe," The World Bank Economic Review, World Bank, vol. 11(3), pages 471-487, September.
    8. Imre FertŠ& Karoly Attila Soós, 2008. "Trade Specialization in the European Union and in Postcommunist European Countries," Eastern European Economics, Taylor & Francis Journals, vol. 46(3), pages 5-28, May.
    9. Zbigniew Matkowski & Mariusz Próchniak, 2007. "Economic Convergence Between the CEE-8 and the European Union," Eastern European Economics, Taylor & Francis Journals, vol. 45(1), pages 59-76, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eva Ervani & Tri Widodo & Muhammad Edhie Purnawan, 2019. "Comparative Advantage and Trade Specialization of East Asian Countries: Do East Asian Countries Specialize on Product Groups with High Comparative Advantage?," International Business Research, Canadian Center of Science and Education, vol. 12(2), pages 113-134, February.
    2. Ervani, Eva & Widodo, Tri & M. Purnawan, Edhie, 2018. "East Asia’s Pattern of Export Specialization: Does Indonesia Compete with Japan, China, Hong Kong, Korea and Singapore?," MPRA Paper 85259, University Library of Munich, Germany.
    3. Hoekman, Bernard & Saggi, Kamal, 1999. "Multilateral disciplines for investment-related policies," Policy Research Working Paper Series 2138, The World Bank.
    4. Camil-George Stoenescu, 2014. "Aspects regarding the influence of European integration on Romania’s trade structure (2002 – 2013)," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 17(52), pages 185-201, June.
    5. repec:lic:licosd:11702 is not listed on IDEAS
    6. Valerija Botric, 2013. "Output Convergence between Western Balkans and EU-15," Research in Economics and Business: Central and Eastern Europe, Tallinn School of Economics and Business Administration, Tallinn University of Technology, vol. 5(1).
    7. Marek Rojíček, 2010. "Konkurenceschopnost obchodu ČR v procesu globalizace [Competitiveness of the Trade of the Czech Republic in the Process of Globalisation]," Politická ekonomie, Prague University of Economics and Business, vol. 2010(2), pages 147-165.
    8. Petr Pavlínek, 2012. "The Internationalization of Corporate R&D and the Automotive Industry R&D of East-Central Europe," Economic Geography, Clark University, vol. 88(3), pages 279-310, July.
    9. Smirnykh, Larisa & Woergoetter, Andreas, 2021. "Regional convergence in CEE before and after the Global Financial Crisis," IHS Working Paper Series 33, Institute for Advanced Studies.
    10. Gheorghe Savoiu & Emilia Gogu & Alexandru Ionescu, 2016. "Trends In Romania’S External Trade, During The Last Two Decades," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(3), pages 27-42, March.
    11. Funke, Michael & Ruhwedel, Ralf, 2003. "Trade, product variety and welfare: a quantitative assessment for the transition economies in Central and Eastern Europe," BOFIT Discussion Papers 17/2003, Bank of Finland Institute for Emerging Economies (BOFIT).
    12. Keppel, Catherine & Prettner, Klaus, 2015. "How interdependent are Eastern European economies and the Euro area?," The Quarterly Review of Economics and Finance, Elsevier, vol. 58(C), pages 18-31.
    13. Walsh, Patrick Paul & Whelan, Ciara, 2001. "Firm performance and the political economy of corporate governance: survey evidence for Bulgaria, Hungary, Slovakia and Slovenia," Economic Systems, Elsevier, vol. 25(2), pages 85-112, June.
    14. Mehmet Aldonat Beyzatlar & Hakan Yetkiner, 2017. "Convergence in transportation measures across the EU-15," Transportation, Springer, vol. 44(5), pages 927-940, September.
    15. Laurent Cavenaile & David Dubois, 2011. "An empirical analysis of income convergence in the European Union," Applied Economics Letters, Taylor & Francis Journals, vol. 18(17), pages 1705-1708.
    16. Robert Kelm, 2016. "Eksport, import i kurs złotego: 2000−2014," Bank i Kredyt, Narodowy Bank Polski, vol. 47(6), pages 585-620.
    17. Gianfranco DE SIMONE, 2007. "Trade in parts and components and Central Eastern European Countries’ industrial geography," Departmental Working Papers 2007-17, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    18. Richa Khurana & D. K. Nauriyal, 2017. "Dynamics of Services Exports in India," Millennial Asia, , vol. 8(2), pages 178-193, October.
    19. Rosmaiza A. Ghani & Michael P. Cameron & William Cochrane & Matthew Roskruge, 2019. "A Gravity Model Estimation of the Bi-Directional Relationship between International Trade and Migration," Working Papers in Economics 19/02, University of Waikato.
    20. Martin Grančay & Tomáš Dudáš, 2019. "Bilateral trade flows and comparative advantage: does the size matter?," Society and Economy, Akadémiai Kiadó, Hungary, vol. 41(4), pages 397-413, December.
    21. Kaminski, Bartlomiej, 2001. "How accession to the European Union has affected external trade and foreign direct investment in Central European economies," Policy Research Working Paper Series 2578, The World Bank.

    More about this item

    Keywords

    Trade; Exports; Imports; Balance of trade; Trade structure;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cmj:seapas:y:2015:i:7:p:527-535. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Serghie Dan (email available below). General contact details of provider: https://seaopenresearch.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.