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FOREIGN TRADE AT REGIONAL LEVEL IN ROMANIA AS A TOOL IN BUILDING SMART SPECIALISATION STRATEGIES Abstract : In the context of the new EU Cohesion Policy and Europe 2020 strategy, regions are encouraged to build their own development strategies based on specialisation and innovation. Smart specialisation strategies aim to identify and focus on those activities in which the region has comparative advantages and at the same time, are characterized by a high added value. These activities have the power to bring the greatest benefits to the local and regional economy and, thus, reduce disparities between regions and enhance overall competitiveness of European regions. This paper analyzes data on exports and imports at the county level, on sections and chapters of the Combined Nomenclature in order to identify trends of specialisation of economic activity. Moreover, this approach provides information on the competitiveness of these counties, high export rates indicating a better adaptation to international markets. Results show that the majority of counties import and, at the same time, export machinery and electrical equipment, and textiles and textile articles

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  • Constantin POSTOIU

    (Bucharest University of Economic Studies, Romania)

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  • Constantin POSTOIU, 2015. "FOREIGN TRADE AT REGIONAL LEVEL IN ROMANIA AS A TOOL IN BUILDING SMART SPECIALISATION STRATEGIES Abstract : In the context of the new EU Cohesion Policy and Europe 2020 strategy, regions are encourage," EcoForum, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 4(Special I), pages 1-3, august.
    • Handle: RePEc:scm:ecofrm:v:4:y:2015:i:s1:p:3
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    1. repec:cup:cbooks:9780521440196 is not listed on IDEAS
    2. Masahisa Fujita & Paul Krugman & Anthony J. Venables, 2001. "The Spatial Economy: Cities, Regions, and International Trade," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262561476, December.
    3. Marius Brülhart, 1998. "Trading Places: Industrial Specialization in the European Union," Journal of Common Market Studies, Wiley Blackwell, vol. 36(3), pages 319-346, September.
    4. Martin Hallet, 2002. "Regional Specialisation and Concentration in the EU," Advances in Spatial Science, in: Juan R. Cuadrado-Roura & Martí Parellada (ed.), Regional Convergence in the European Union, chapter 3, pages 53-76, Springer.
    5. Traistaru, Iulia & Nijkamp, Peter & Longhi, Simonetta, 2002. "Regional specialization and concentration of industrial activity in accession countries," ZEI Working Papers B 16-2002, University of Bonn, ZEI - Center for European Integration Studies.
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