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International Comparative Advantage In Transport Services: The Case Of Slovenia

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  • Marjan Sternad
  • Matjaz Safran
  • Darja Topolsek

Abstract

Competitiveness in the world markets is getting increasingly tougher, and that is why it is crucial for countries to gain comparative advantages if they want to keep their established market positions in the international environment in the long run. Participation in the international trade has become one of the most important factors of economic growth and welfare of individual countries. In the article the export and the import models of Slovenia in transport services, as well as the comparative advantages are defined using the Balassa index. In comparison with the most important foreign trade partners Slovenia is gaining comparative advantages in transport services; however, the transport infrastructure, the technology and the promotion of the exports of transport services will have to be improved in order to preserve the competitive position of Slovenia in the international environment

Suggested Citation

  • Marjan Sternad & Matjaz Safran & Darja Topolsek, 2012. "International Comparative Advantage In Transport Services: The Case Of Slovenia," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 8(1), pages 179-186.
  • Handle: RePEc:mje:mjejnl:v:8:y:2012:i:1:p:179-186
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    References listed on IDEAS

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    1. Belay Seyoum, 2007. "Revealed comparative advantage and competitiveness in services: A study with special emphasis on developing countries," Journal of Economic Studies, Emerald Group Publishing, vol. 34(5), pages 376-388, October.
    2. Imre Fert– & L. J. Hubbard, 2003. "Revealed Comparative Advantage and Competitiveness in Hungarian Agri-Food Sectors," The World Economy, Wiley Blackwell, vol. 26(2), pages 247-259, February.
    3. João Amador & Sónia Cabral & José Maria, 2011. "A Simple Cross-Country Index of Trade Specialization," Open Economies Review, Springer, vol. 22(3), pages 447-461, July.
    4. Luca DE BENEDICTIS & Massimo TAMBERI, 2002. "A note on the Balassa Index of Revealed Comparative Advantage," Working Papers 158, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    5. Thomas Vollrath, 1991. "A theoretical evaluation of alternative trade intensity measures of revealed comparative advantage," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(2), pages 265-280, June.
    6. Luca Benedictis & Marco Gallegati & Massimo Tamberi, 2009. "Overall trade specialization and economic development: countries diversify," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(1), pages 37-55, April.
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