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Comparative Advantage Metrics Of Romania’S Exports In The Period 2007-2010

Author

Listed:
  • Gheorghe ZAMAN

    (Institute of National Economy, Romanian Academy)

  • Valentina Vasile

    (Institute of National Economy, Romanian Academy)

Abstract

The research work consists of two parts. In the first theoretical part we analyse the formulae of revealed comparative advantages (RCA) and of the Grubel-Lloyd indices as an analysis instrument of international specialisation and of inter- and intra-industry one of national economies. The second part analytically presents the outcomes of computing the two indicators in the case of the Romanian economy in the post-accession period 2007-2010 by making use of the Eurostat database for intra and extra EU-27 trade by the nine SITC (Standard International Trade Classification) Rev. 4 categories.

Suggested Citation

  • Gheorghe ZAMAN & Valentina Vasile, 2012. "Comparative Advantage Metrics Of Romania’S Exports In The Period 2007-2010," Romanian Journal of Economics, Institute of National Economy, vol. 34(1(43)), pages 5-23, June.
    • Handle: RePEc:ine:journl:v:1:y:2012:i:43:p:5-23
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    References listed on IDEAS

    as
    1. H. G. Grubel & P. J. Lloyd, 1971. "The Empirical Measurement of Intra‐Industry Trade," The Economic Record, The Economic Society of Australia, vol. 47(4), pages 494-517, December.
    2. repec:bla:ecorec:v:47:y:1971:i:120:p:494-517 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Razvan HAGIMA, 2014. "The Transition And Privatization Processes In Romania," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6(3), pages 36-42, September.
    2. Gheorghe Zaman, 2012. "Ways Of Improving Foreign Direct Investment (Fdi) Contribution To Romania'S Sustainable Development," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(14), pages 1-30.
    3. Gheorghe Zaman & Zizi Goschin, 2017. "Factors That Promote Export Convergence: A Spatial Analysis In Romania," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 11(1), pages 1-17, June.
    4. Camelia GAVRILESCU, 2022. "A View Of Structural Evolutions Of The Romanian Agri-Food Trade And Its Competitiveness In The Last Two Decades," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 19(2), pages 165-181.
    5. Gheorghe ZAMAN & Alexandra Cristiana TUDOR, 2016. "Some Aspects Regarding Romanian Exports Competitiveness, in the Period 2001-2014," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 3(1), pages 7-22, October.
    6. Zaman, Gheorghe & Georgescu, George, 2018. "Studiu retrospectiv privind comerțul exterior al României în ultimii 100 de ani [A retrospective study on Romania’s external trade in the past 100 years]," MPRA Paper 89707, University Library of Munich, Germany.

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    More about this item

    Keywords

    exports; revealed comparative advantages (RCA); Grubel-Lloyd Indices; inter&intra-industry international specialization;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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