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Industrial Restructuring in Romania from a Bilateral Trade Perspective: Manufacturing Exports to the EU from 1995 to 2006

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  • Laura Haar

Abstract

The article presents an analysis of changes in the volume, structure and quality of Romanian manufacturing exports to the EU since 1995 in order to determine the nature and extent of industrial restructuring in Romania. We argue that the observed five-fold increase in the volume of manufactured exports from Romania to the EU over more than a decade-long period, although it is a positive development, still hides a persistent reliance upon labour-intensive and low value-added products. Only towards the end of the examined period have Romania's export patterns begun to resemble those of the more advanced Central and East European countries, reflecting the more important role played by intra-industry exports of differentiated products, the gradual transition from labour intensive, low valued-added exports to more technology-intensive ones and the improvement in product quality.

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  • Laura Haar, 2010. "Industrial Restructuring in Romania from a Bilateral Trade Perspective: Manufacturing Exports to the EU from 1995 to 2006," Europe-Asia Studies, Taylor & Francis Journals, vol. 62(5), pages 779-805.
    • Handle: RePEc:taf:ceasxx:v:62:y:2010:i:5:p:779-805
    DOI: 10.1080/09668136.2010.481386
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    1. Michael Landesmann, 2000. "Structural Change in the Transition Economies, 1989 to 1999," wiiw Research Reports 269, The Vienna Institute for International Economic Studies, wiiw.
    2. Hubert Gabrisch & Maria Luigia Segnana, 2002. "Why is trade between the European Union and the transition economies vertical?," Department of Economics Working Papers 0207, Department of Economics, University of Trento, Italia.
    3. Hoekman, Bernard & Djankov, Simeon, 1996. "Intra-industry trade, foreign direct investment, and the reorientation of Eastern European exports," Policy Research Working Paper Series 1652, The World Bank.
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    Cited by:

    1. Tania Georgia VICIU & Larisa MIHOREANU & Carmen COSTEA, 2016. "An Essay on the Applicability of the Linder Hypothesis in Determining the Patterns of the Romanian International Trade," Journal of Economic Development, Environment and People, Alliance of Central-Eastern European Universities, vol. 5(1), pages 52-62, March.
    2. Nuno Carlos LEITÃO & Marius-Razvan SURUGIU & Camelia SURUGIU, 2014. "Romanian intra-industry trade: a panel data approach," EuroEconomica, Danubius University of Galati, issue 2(33), pages 7-18, November.

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