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Competitiveness in the Serbian growth strategy

Author

Listed:
  • Enes Ćorović

    (Department of Economic Sciences, State University of Novi Pazar, Vuka Karadžića BB, 36 300Novi Pazar, Serbia)

  • Živorad Gligorijević

    (Faculty of Economics, University of Niš, Niš, Serbia)

Abstract

The paper focuses on the effects of the reformed growth strategy on the competitiveness of the Serbian manufacturing industry during the period of 2007–2016. The paper applies the analytical tools devised by the International Trade Centre, as well as Balassa's RCA Index and some other methodologies. All indicators point to similar conclusion: the reformed growth model would significantly contribute to the improvement of Serbian competitiveness. The starting point of Serbia is also clear: small gross investment volume and a low average growth rate.

Suggested Citation

  • Enes Ćorović & Živorad Gligorijević, 2021. "Competitiveness in the Serbian growth strategy," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 71(2), pages 309-326, June.
  • Handle: RePEc:aka:aoecon:v:71:y:2021:i:2:p:309-326
    DOI: 10.1556/032.2021.00015
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    More about this item

    Keywords

    growth models; manufacturing industry; Republic of Serbia; exports; EU market; market share; structural changes; competitiveness;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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