IDEAS home Printed from https://ideas.repec.org/a/nos/social/y2017i4p3-12.html
   My bibliography  Save this article

Problems Of Ensuring Competitiveness For Ukrainian Export On The World Ferrous Metals Market

Author

Listed:
  • Dovgan, Dmytro

    (Kyiv National Economic University named after Vadym Hetman)

Abstract

The author has analyzed theoretical and methodological foundations for international interaction between countries, namely the gravity models of J. Tinbergen and H. Linnemann. The export competitiveness levels are divided into three levels: national, corporate and industrial. The author proposed to add the existing list of competitive export criteria by another - perspective. Since this criterion allows assessing the effectiveness of the national export development model, the availability and the possibility of maximizing the export potential, the effective use of available export potential. The author has analyzed the development trends of the world ferrous metals market. In the framework of the above-mentioned analysis, the current state of domestic metallurgy was analyzed in the conditions of global market penetration and possible strategic prospects were identified. Within the framework of gravity model improvement for ferrous metals market, the author offers to use as an indicator of the economy size - real GDP of partner countries; as the competitiveness factor - the Global Competitiveness Index of the country, and as the logistics costs factor - the average distance between the main ports of the partner countries and the index of economic freedom, which takes into account the volume of tariffs and non-tariffs barriers. Estimated model parameters allow identifying the most promising markets for the export of ferrous metals in order to be competitive in selected countries. Learning the major players experience on the world ferrous metals market allowed concluding that diversification is one of the possible measures to overcome the economic problems of metallurgical enterprises by expanding market maneuver and increasing competitiveness. It will provide more stable results, minimize losses in core business during crises and cyclical recessions. As competitive advantages are shifted to the new products, where the positions of Ukrainian manufacturers are shaky, it is essential to implement innovative development into the production process by adapting the experience and technologies of world leaders.

Suggested Citation

  • Dovgan, Dmytro, 2017. "Problems Of Ensuring Competitiveness For Ukrainian Export On The World Ferrous Metals Market," EUREKA: Social and Humanities, Scientific Route OÜ, issue 4, pages 3-12.
    • Handle: RePEc:nos:social:y:2017:i:4:p:3-12
    as

    Download full text from publisher

    File URL: http://eu-jr.eu/social/article/viewFile/378/360.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jeffrey H. Bergstrand & Peter Egger, 2013. "Gravity Equations and Economic Frictions in the World Economy," Palgrave Macmillan Books, in: Daniel Bernhofen & Rod Falvey & David Greenaway & Udo Kreickemeier (ed.), Palgrave Handbook of International Trade, chapter 17, pages 532-570, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zouheir El†Sahli, 2018. "The role of inbound tourist flows in promoting exports," The World Economy, Wiley Blackwell, vol. 41(5), pages 1457-1475, May.
    2. Pamela Smith & Xiangwen Kong, 2022. "Intellectual property rights and trade: The exceptional case of GMOs," The World Economy, Wiley Blackwell, vol. 45(3), pages 763-811, March.
    3. Felix L. Friedt & Wesley W. Wilson, 2020. "Trade, transport costs and trade imbalances: An empirical examination of international markets and backhauls," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(2), pages 592-636, May.
    4. Chen, Qiulin & Xu, Duo & Fu, Hongqiao & Yip, Winnie, 2022. "Distance effects and home bias in patient choice on the Internet: Evidence from an online healthcare platform in China," China Economic Review, Elsevier, vol. 72(C).
    5. Petr Janský & Jan Láznička & Miroslav Palanský, 2021. "Tax treaties worldwide: Estimating elasticities and revenue foregone," Review of International Economics, Wiley Blackwell, vol. 29(2), pages 359-401, May.
    6. Albert Millogo & Ines Trojette, 2020. "Pro-trade effects of MENA immigrants in France: does governance matter?," Economics Bulletin, AccessEcon, vol. 40(4), pages 3219-3230.
    7. Giovanni Cerulli & Silvia Nenci & Luca Salvatici & Antonio Zinilli, 2022. "Currency Unions and Global Value Chains: The Impact of the Euro on the Italian Value Added Exports," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 8(2), pages 373-407, July.
    8. Mustafa Kahveci, 2019. "From Spring to Winter? An Analysis of "Arab Spring" Impacts on Turkey and Mena Region Foreign Trade with Gravity Approach," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 9(12), pages 1320-1334, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nos:social:y:2017:i:4:p:3-12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Helen Klimashevska (email available below). General contact details of provider: http://eu-jr.eu/social .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.