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Quantifying The Comparative Advantage Of Domestic Goods On The Internal Market

Author

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  • Tatiana GUTIUM

    (Academy of Economic Studies of Moldova, Republic of Moldova)

Abstract

This article focuses on the development of indicators to assess the comparative advantages of the product. Using synthetic indicator developed by the author, there was calculated the competitiveness of domestic goods on the internal market and the results are used for development of proposals to increase competitiveness. In addition, the article analyzes the dynamics of the digital economy development in the Republic of Moldova and correlation between competitiveness and digital economy. At the end of this article, the author has shown the impact of competitiveness and the digital economy on the sustainable development of the national economy.

Suggested Citation

  • Tatiana GUTIUM, 2018. "Quantifying The Comparative Advantage Of Domestic Goods On The Internal Market," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 3(1), pages 38-45.
    • Handle: RePEc:brc:brccej:v:3:y:2018:i:1:p:38-45
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    References listed on IDEAS

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    1. Arnaud Costinot & Dave Donaldson & Ivana Komunjer, 2012. "What Goods Do Countries Trade? A Quantitative Exploration of Ricardo's Ideas," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(2), pages 581-608.
    2. Run Yu & Junning Cai & PingSun Leung, 2009. "The normalized revealed comparative advantage index," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 43(1), pages 267-282, March.
    3. Bent Dalum & Keld Laursen & Gert Villumsen, 1998. "Structural Change in OECD Export Specialisation Patterns: de-specialisation and 'stickiness'," International Review of Applied Economics, Taylor & Francis Journals, vol. 12(3), pages 423-443.
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    Cited by:

    1. Tatiana GUTIUM, 2020. "Methodological Approach To The Elaboration Of Indicators For Quantifying The Competitiveness Of Goods," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 1, pages 74-85.

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    More about this item

    Keywords

    competitiveness; advantages; disadvantages; digital economy; sustainability;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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