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Comparative Advantages of the Intermediate Products’ Trade

Author

Listed:
  • Virgil Gherghina

    (PhD student, Free International University of Moldova)

  • Georgeta Gherghina

    (PhD student, Free International University of Moldova)

Abstract

Intermediate goods trade analyzes indicate their relative importance compared to other product categories and their dynamics over time. The industry size means specialization models, outlines general patterns and volumes of intermediate goods trade for individual countries. The results indicate that intermediate goods trade can serve as an important vehicle for trade integration in world markets and allow countries to overcome adverse initial patterns of specialization, thus allowing dynamic changes in the structures of comparative advantage through learning effects

Suggested Citation

  • Virgil Gherghina & Georgeta Gherghina, 2012. "Comparative Advantages of the Intermediate Products’ Trade," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 961-966, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:961-966
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    More about this item

    Keywords

    comparative advantages; intermediate goods; international trade; supply chain;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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