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Romania Industrial Competitiveness and China-Romania Cooperation

Author

Listed:
  • CHEN XIN

    (Institute of European Studies Chinese Academy of Social Sciences)

  • YANG CHENGYU

    (Institute of European Studies Chinese Academy of Social Sciences)

Abstract

: The paper applies the model of Revealed Comparative Advantages (RCA) developed by Bela Balassa, uses data from UN COMTRADE database, and calculates RCA index for 7 broad industry sectors and 28 industries (at more detailed level) for both Romania and China. Based on the RCA indices, the paper further analysis what are the industries with more advantages in Romania and in China. Starting from the results of the comparative analysis, the article tries to derive some conclusions for future China-Romania cooperation.

Suggested Citation

  • Chen Xin & Yang Chengyu, 2017. "Romania Industrial Competitiveness and China-Romania Cooperation," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 5(1), pages 73-81, June.
    • Handle: RePEc:ntu:ntugeo:vol5-iss1-17-073
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    References listed on IDEAS

    as
    1. Lall, Sanjaya & Weiss, John & Zhang, Jinkang, 2006. "The "sophistication" of exports: A new trade measure," World Development, Elsevier, vol. 34(2), pages 222-237, February.
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