IDEAS home Printed from https://ideas.repec.org/a/ine/journl/v45y2017i54p87-109.html
   My bibliography  Save this article

Some aspects of the export performance and efficiency in the Romanian economy

Author

Listed:
  • Florentina Viorica GHEORGHE

    (PhD student, National Institute of Statistics, Bucharest, Romania,)

  • Artur-Emilian SIMION

    (PhD student, National Institute of Statistics, Bucharest, Romania)

  • Gheorghe ZAMAN

    (Institute of National Economy, Romanian Academy, Bucharest, Romania)

Abstract

Generally, a large share of the exports of high-tech products in the total exports of a country is the best indication of its high level of competitiveness. Ten years after joining the EU, Romania has an increasing share of high-tech exports, as compared to the EU pre-accession period, being still far from the European average and from its main trading partners. The objective of this study is to analyse the performance of Romania's exports, during different periods, before and after the EU accession, taking into account the profile of the international specialization, measured by various indicators as the products and partner countries concentration, the revealed comparative advantages (RCA), the inter and intra industry trade. The specialization and international cooperation in producing finished and semi-finished products, parts and subassemblies generates high trade volumes within international value chains. However, the international division of labor has deepened, so that the field of competition has passed from the finished products to the intermediary goods, in different phases or stages of technological processing. In this context, our research has been focused also on the structure of Romania's exports, both according to the criterion of the end-use of the exported goods, and in terms of the domestic value content of exports.

Suggested Citation

  • Florentina Viorica GHEORGHE & Artur-Emilian SIMION & Gheorghe ZAMAN, 2017. "Some aspects of the export performance and efficiency in the Romanian economy," Romanian Journal of Economics, Institute of National Economy, vol. 45(2(54)), pages 87-109, December.
    • Handle: RePEc:ine:journl:v:45:y:2017:i:54:p:87-109
    as

    Download full text from publisher

    File URL: http://www.revecon.ro/articles/2017-2/2017-2-4.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jörn Kleinert, 2003. "Growing Trade in Intermediate Goods: Outsourcing, Global Sourcing, or Increasing Importance of MNE Networks?," Review of International Economics, Wiley Blackwell, vol. 11(3), pages 464-482, August.
    2. Dennis, Allen & Shepherd, Ben, 2007. "Trade costs, barriers to entry, and export diversification in developing countries," Policy Research Working Paper Series 4368, The World Bank.
    3. Sanjaya Lall, 2000. "The Technological Structure and Performance of Developing Country Manufactured Exports, 1985-98," Oxford Development Studies, Taylor & Francis Journals, vol. 28(3), pages 337-369.
    4. Sanjaya Lall, 2001. "Competitiveness, Technology and Skills," Books, Edward Elgar Publishing, number 2298.
    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. Lall, Sanjaya & Albaladejo, Manuel, 2004. "China's Competitive Performance: A Threat to East Asian Manufactured Exports?," World Development, Elsevier, vol. 32(9), pages 1441-1466, September.
    2. Poncet, Sandra & Starosta de Waldemar, Felipe, 2013. "Export Upgrading and Growth: The Prerequisite of Domestic Embeddedness," World Development, Elsevier, vol. 51(C), pages 104-118.
    3. Ricardo Arguello, 2017. "Trade diversification in Colombia, 1991-2011," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 36(71), pages 345-378, July.
    4. Witada Anukoonwattaka, 2013. "International Production Sharing and Exchange Rates of Asian Countries," Studies in Trade and Investment 80, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    5. Sandra Poncet & Felipe Starosta, 2013. "Export upgrading and growth in China: the prerequisite of domestic embeddedness," PSE - G-MOND WORKING PAPERS halshs-00960684, HAL.
    6. Lechman, Ewa, 2014. "Changing patterns of export of goods versus macroeconomic competitiveness. A comparative analysis for East-Central European countries in the period 2000-2011," MPRA Paper 53639, University Library of Munich, Germany.
    7. Demir, Firat, 2022. "IMF conditionality, export structure and economic complexity:The ineffectiveness of structural adjustment programs," Journal of Comparative Economics, Elsevier, vol. 50(3), pages 750-767.
    8. Bhushan Praveen Jangam & Vaseem Akram, 2020. "Does financial integration drive export diversification? Evidence from a cross-country analysis," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 13(1), pages 45-61, April.
    9. Montobbio, Fabio & Rampa, Francesco, 2005. "The impact of technology and structural change on export performance in nine developing countries," World Development, Elsevier, vol. 33(4), pages 527-547, April.
    10. Silvia Dal Bianco, 2016. "Going clubbing in the eighties: convergence in manufacturing sectors at a glance," Empirical Economics, Springer, vol. 50(2), pages 623-659, March.
    11. repec:hal:pseose:halshs-00960684 is not listed on IDEAS
    12. Benkovskis, Konstantins & Wörz, Julia, 2018. "What drives the market share changes? Price versus non-price factors," Structural Change and Economic Dynamics, Elsevier, vol. 45(C), pages 9-29.
    13. Francesco Bogliacino & Mario Pianta, 2016. "The Pavitt Taxonomy, revisited: patterns of innovation in manufacturing and services," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 33(2), pages 153-180, August.
    14. Jarreau, Joachim & Poncet, Sandra, 2012. "Export sophistication and economic growth: Evidence from China," Journal of Development Economics, Elsevier, vol. 97(2), pages 281-292.
    15. Robert Z. Lawrence & Lawrence Edward, 2010. "Do Developed and Developing Countries Compete Head to Head in High Tech?," Working Paper Series WP10-8, Peterson Institute for International Economics.
    16. Tran Nhuan Kien & Tran Nhuan Kien & Hong Ryul Lee & Yoon Heo, 2010. "Dynamic Patterns of Korea-Vietnam Trade Relations," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 13(2), pages 257-279, June.
    17. Lord, Montague, 2015. "Regional Economic Integration in Central Asia and South Asia," MPRA Paper 66436, University Library of Munich, Germany.
    18. Witada Anukoonwattaka, 2007. "Outsourcing and International Production of a Multinational: A Theoretical Model and Empirical Evidence from Toyota, Thailand," DEGIT Conference Papers c012_045, DEGIT, Dynamics, Economic Growth, and International Trade.
    19. Chang, Sungyong & Kim, Hyunseob & Song, Jaeyong & Lee, Keun, 2024. "Dynamics of imitation versus innovation in technological leadership change: Latecomers’ catch-up strategies in diverse technological regimes," Research Policy, Elsevier, vol. 53(9).
    20. Carlos Morales, 2011. "Variedades de recursos naturales y crecimiento económico," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, December.
    21. Kuroiwa, Ikuo, 2014. "Value added trade and structure of high-technology exports in China," IDE Discussion Papers 449, Institute of Developing Economies, Japan External Trade Organization(JETRO).

    More about this item

    Keywords

    exports; revealed comparative advantages; RCA; Grubel-Lloyd indices; inter and intra industry trade; international specialization;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

    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:ine:journl:v:45:y:2017:i:54:p:87-109. 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: Valentina Vasile (email available below). General contact details of provider: https://edirc.repec.org/data/inacaro.html .

    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.