Competitiveness of Latvia's exporters
AbstractThis paper evaluates the competitiveness of Latvia's exporters from various aspects by using detailed trade data from UN Comtrade. Competitiveness represented by the market share of Latvia's products in world trade was on a rising trend, growing almost two times between 1999 and 2010. This dynamic improvement was mainly accounted for by intensive margin, as Latvia's exporters increased their presence on traditional markets. Moreover, the contribution of extensive margin was also positive due to geographical expansion. Analysis of non-price competitiveness signals that although Latvia's export unit values were increasing faster than those of its main competitors, relative quality and taste for Latvia's products were rising even faster, and, overall, the competitiveness of Latvia's exporters improved.
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Bibliographic InfoArticle provided by Baltic International Centre for Economic Policy Studies in its journal Baltic Journal of Economics.
Volume (Year): 12 (2012)
Issue (Month): 2 (December)
exports; extensive margin; intensive margin; non-price competitiveness; Latvia;
Other versions of this item:
- C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
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