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Estimation Of Export Specialization: Lithuanian Case

Author

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  • Dalia Bernatonyte

    (Kaunas University of Technology)

Abstract

This paper investigates the nature and pattern of export specialization in Lithuania. The aim of this paper is to estimate the nature and pattern of Lithuanian export specialization under the existing conditions. Seeking to define the nature and pattern of export specialization, the basic methods of export specialization measurement and the nature and pattern of export specialization in trade between Lithuania and the EU are determined. For measurement of the pattern of export specialization in Lithuania two approaches are adopted. The index of export specialization is used to determine the pattern of comparative advantage. Secondly, trade dissimilarity index is used to predict structural changes in Lithuanian exports. Using these methods of measurement and standard international trade classification (SITC), the nature and pattern of Lithuanian export specialization was determined. It was found that the biggest flows from Lithuania to the EU are in the following groups: food, drink and tobacco; raw materials; mineral fuels, lubricants and related materials. These calculation results show the main directions of nature and pattern of export specialization. This research could be useful for preparing and forecasting the possibilities of Lithuanian export development.

Suggested Citation

  • Dalia Bernatonyte, 2015. "Estimation Of Export Specialization: Lithuanian Case," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 10(3), pages 129-138, September.
    • Handle: RePEc:pes:ierequ:v:10:y:2015:i:3:p:129-138
    DOI: 10.12775/EQUIL.2015.028
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    References listed on IDEAS

    as
    1. Ricardo Hausmann & Jason Hwang & Dani Rodrik, 2007. "What you export matters," Journal of Economic Growth, Springer, vol. 12(1), pages 1-25, March.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    trade; export; export specialization; revealed comparative advantage index; trade dissimilarity index;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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