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Comparative Advantage Metrics Of Romania’S Exports In The Period 2007-2010

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  • Gheorghe ZAMAN

    ()
    (Institute of National Economy, Romanian Academy)

  • Valentina Vasile

    ()
    (Institute of National Economy, Romanian Academy)

Abstract

The research work consists of two parts. In the first theoretical part we analyse the formulae of revealed comparative advantages (RCA) and of the Grubel-Lloyd indices as an analysis instrument of international specialisation and of inter- and intra-industry one of national economies. The second part analytically presents the outcomes of computing the two indicators in the case of the Romanian economy in the post-accession period 2007-2010 by making use of the Eurostat database for intra and extra EU-27 trade by the nine SITC (Standard International Trade Classification) Rev. 4 categories.

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Bibliographic Info

Article provided by Institute of National Economy in its journal Romanian Journal of Economics.

Volume (Year): 34 (2012(XXII))
Issue (Month): 1(43) (June)
Pages: 5-23

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Handle: RePEc:ine:journl:v:1:y:2012:i:43:p:5-23

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Related research

Keywords: exports; revealed comparative advantages (RCA); Grubel-Lloyd Indices; inter&intra-industry international specialization;

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  1. Grubel, Herbert G & Lloyd, P J, 1971. "The Empirical Measurement of Intra- Industry Trade," The Economic Record, The Economic Society of Australia, vol. 47(120), pages 494-517, December.
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Cited by:
  1. Gheorghe Zaman, 2012. "Ways Of Improving Foreign Direct Investment (Fdi) Contribution To Romania‘S Sustainable Development," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(14), pages 30.

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