Some Aspects Of The Comparative Foreign Trade Advantages/Disadvantages
AbstractThe study comprises a series of analyses of the Romanian foreign trade competitiveness over the period 1991 - 2001. The analyses regard sectors, countries and markets. The Revealed Comparative Advantage index (RCA) was used in order to point out existing comparative advantages by sector. High and permanent comparative disadvantages were found in mineral products sector accompanied by generally moderate and continuous disadvantages in some chemistry-based sectors. Constantly high and medium comparative advantages were found in the low value added, labor and material and energy-intensive sectors. Also, constantly high and medium comparative disadvantages were found in technology and high skill-intensive sectors. Furthermore, comparative advantages/disadvantages computations in relation to the EU countries and some of the countries candidates for the accession to the European Union are included.
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Bibliographic InfoArticle provided by Institute for Economic Forecasting in its journal Journal for Economic Forecasting.
Volume (Year): (2002)
Issue (Month): 2 (June)
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foreign trade; comparative advantage;
Find related papers by JEL classification:
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
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