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Some Aspects Regarding Romanian Exports Competitiveness, in the Period 2001-2014

Author

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  • Gheorghe ZAMAN

    () (Institute of National Economy, Romanian Academy, 050711, Bucharest, Romania)

  • Alexandra Cristiana TUDOR

    () (Institute of National Economy, Romanian Academy, 050711, Bucharest, Romania)

Abstract

The paper presents another metrics of Romania’s export competitiveness, based on the evolution of international export rankings (positions) of our country, in the period 2001-2014, according to SITC (2 digits).We consider that increasing or decreasing number of won or lost positions in the world positions rankings by Romanian exports in the world hierarchy can indicate respectively an increase or decrease in competitiveness. The change of Romania's position in the hierarchy world’s exports by countries in 2006, 2010 and 2014, as compared to 2001, constitutes a sui generis indicator of its export competitiveness, according to the number of positions (ranks) won/lost in the framework of export world ranking. If Romania climbs in the world export hierarchy we consider an improvement of export competitiveness. Conversely, a loss of positions in the hierarchy means a diminishing in the competitive strength of exports. This indicator provides a new means to assess the investment of a country, for a specific category of exported goods in the world market, has improved/worsened its competitive position, surpassing or, on the contrary, remaining behind some other competitors. The main conclusion is that the number of win ranks in the analysed period was much higher than that of lost positions in Romania, respectively 68 positions gained as compared with 28 lost positions. This conclusion is corroborated with the economic, social, environmental, technological importance and share of each SITC export group.

Suggested Citation

  • Gheorghe ZAMAN & Alexandra Cristiana TUDOR, 2016. "Some Aspects Regarding Romanian Exports Competitiveness, in the Period 2001-2014," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 3(1), pages 7-22, October.
  • Handle: RePEc:icb:wpaper:v:3:y:2016:i:1:7-22
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    File URL: http://icesba.eu/RePEc/icb/wpaper/ICESBA2016_1ZAMAN_p7-22.pdf
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    References listed on IDEAS

    as
    1. Paul Krugman & Anthony J. Venables, 1995. "Globalization and the Inequality of Nations," The Quarterly Journal of Economics, Oxford University Press, vol. 110(4), pages 857-880.
    2. Gheorghe ZAMAN & Valentina Vasile, 2012. "Comparative Advantage Metrics Of Romania’S Exports In The Period 2007-2010," Romanian Journal of Economics, Institute of National Economy, vol. 34(1(43)), pages 5-23, June.
    3. repec:hhs:iuiwop:430 is not listed on IDEAS
    4. Sharples, Jerry A. & Milham, Nick, 1990. "Long-run Competitiveness of Australian Agriculture," Foreign Agricultural Economic Report (FAER) 147996, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    exports competitiveness; ranking; SITC; international specialization.;

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F10 - International Economics - - Trade - - - General
    • F15 - International Economics - - Trade - - - Economic Integration

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