INTERNATIONAL TRADE STRUCTURE OF COUNTRIES FROM THE DANUBE REGION: COMPARATIVE ADVANTAGE ANALYSIS OF EXPORT

• Authors: Ignjatijeviċ Svetlana , Maja Ćiriċ , Marko Cariċ
• Languages of publication: EN

Abstracts

EN

The subject of this paper is comparative advantage and specialization level analysis in international trade of primary and industrial products of countries from the Danube region. Export structures, together with comparative advantages and specialization level of countries from the Danube region have been dynamically observed. The research utilizes the Balassa (RCA) and Lafay (LFI) indexes of comparative advantage and Grubel-Lloyd’s index of intra-industrial exchange. This research has been found that the positive value of comparative advantage in the export of primary products is present in the cases of Romania and Bulgaria, and as regards the export of industrial products the same applies for: Austria, Germany, Hungary, Czech Republic, Slovakia, Slovenia and Ukraine.

Keywords

EN

INTERNATIONAL TRADE; EXPORT; DANUBE REGION; BALASSA INDEX; LAFAY INDEX

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2013
• Volume: 61
• Issue: 3
• Pages: 251 – 269

Contributors

author

Ignjatijeviċ Svetlana

• University Business Academy in Novi Sad, Faculty of Economics and Management in Engineering, Cvearska 2, 21000 Novi Sad, Serbia

author

Maja Ćiriċ

author

Marko Cariċ