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Measuring trade specialization dynamics: the case of Romania and Bulgaria

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  • Irina Marilena Ban

    () (Babeş-Bolyai University)

Abstract

The paper analyzes the evolution of trade specialization in Romania and Bulgaria beginning with the mid-1990s–2012. Methodologically, two statistical methods are applied: cross-section analysis and the Markov chain technique. These methods are used both to establish a link between different distributions of trade specialization indicators in time and to find out if Romania and Bulgaria have mainly specialized in competitive or non-competitive products. Although the main acceding countries to European Union had registered an increasing degree of specialization, our results indicate an opposite trend for the two countries.

Suggested Citation

  • Irina Marilena Ban, 2017. "Measuring trade specialization dynamics: the case of Romania and Bulgaria," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 44(2), pages 229-248, May.
  • Handle: RePEc:kap:empiri:v:44:y:2017:i:2:d:10.1007_s10663-016-9317-7
    DOI: 10.1007/s10663-016-9317-7
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    More about this item

    Keywords

    Competitive advantage; Trade specialization; Cross-section analysis; Markov chain;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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