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Some aspects of the export performance and efficiency in the Romanian economy

Author

Listed:
  • Florentina Viorica GHEORGHE

    (PhD student, National Institute of Statistics, Bucharest, Romania,)

  • Artur-Emilian SIMION

    (PhD student, National Institute of Statistics, Bucharest, Romania)

  • Gheorghe ZAMAN

    (Institute of National Economy, Romanian Academy, Bucharest, Romania)

Abstract

Generally, a large share of the exports of high-tech products in the total exports of a country is the best indication of its high level of competitiveness. Ten years after joining the EU, Romania has an increasing share of high-tech exports, as compared to the EU pre-accession period, being still far from the European average and from its main trading partners. The objective of this study is to analyse the performance of Romania's exports, during different periods, before and after the EU accession, taking into account the profile of the international specialization, measured by various indicators as the products and partner countries concentration, the revealed comparative advantages (RCA), the inter and intra industry trade. The specialization and international cooperation in producing finished and semi-finished products, parts and subassemblies generates high trade volumes within international value chains. However, the international division of labor has deepened, so that the field of competition has passed from the finished products to the intermediary goods, in different phases or stages of technological processing. In this context, our research has been focused also on the structure of Romania's exports, both according to the criterion of the end-use of the exported goods, and in terms of the domestic value content of exports.

Suggested Citation

  • Florentina Viorica GHEORGHE & Artur-Emilian SIMION & Gheorghe ZAMAN, 2017. "Some aspects of the export performance and efficiency in the Romanian economy," Romanian Journal of Economics, Institute of National Economy, vol. 45(2(54)), pages 87-109, December.
    • Handle: RePEc:ine:journl:v:45:y:2017:i:54:p:87-109
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    exports; revealed comparative advantages; RCA; Grubel-Lloyd indices; inter and intra industry trade; international specialization;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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