Comparative Advantage Metrics Of Romania’S Exports In The Period 2007-2010
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.
Volume (Year): 34 (2012(XXII))
Issue (Month): 1(43) (June)
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- 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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