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1

Application of the Perkal method for assessing competitiveness of the countries of Central and Eastern Europe

100%

Kruk H., Waśniewska A.

Oeconomia Copernicana

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2017

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vol. 8

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issue 3

337-352

EN

Research background: The changes that took place in the late twentieth century led to the transformation of the political system in the countries of Central and Eastern Europe (CEE). As a result, there has been an increase in the competitiveness of some of the economies among the CEE states. Due to different priorities and goals, these countries are also characterized by different levels in socio-economic development. Purpose of the article: The aim of the article is to identify the determinants affecting the competitiveness among the selected CEE countries. Methods: Based on Eurostat data, a set of determinants affecting competitiveness was established. A number of determinants have been eliminated in relation to the variation coefficient. At the same time, a classification of the level of competitiveness among the CEE countries has been made by using the Perkal method. The analysis used 14 selected indicators, 10 of which are considered as stimulating, and 4 as deteriorating the competitiveness of national economies. The result led to obtaining a synthetic level indicator of potential of the CEE countries. Findings & Value added: Following the findings of the conducted analysis, the highest economic competitiveness exists in Estonia and in the Czech Republic, while the lowest was found in Romania and Bulgaria. The results of the evaluation obtained with the Perkal method concerning the competitiveness of the CEE countries that belong to the EU are largely consistent with those presented in different global competitiveness rankings. However, the method applied in this article seems much simpler and less time-consuming, allowing at the same time an optimal choice of analytical determinants. The selected linear Pearson correlation?s coefficient confirmed that there is a strong positive relationship between the designated values of the synthetic indicator of competitiveness and the GDP per capita. This confirms the validity of test method used.

2

Determinants of trade balance in Polish and Czech manufacturing sectors

88%

Olczyk M., Kordalska A.

Equilibrium. Quarterly Journal of Economics and Economic Policy

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2018

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vol. 13

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issue 3

445-466

EN

Research background: A strong industrial base is essential for achieving long-term sustainable economic growth and export competitiveness. In that sense, manufacturing remains a significant contributor to exports in the CEE countries. How-ever, its role and its influence vary between CEE economies and change over time. Purpose of the article: The main objective of this paper is to compare the determinants of the international competitiveness, measured by the net exports of the manufacturing sectors in the Czech and Polish economies, by using the database of 13 manufacturing sub-sectors in 1995-2011. The authors research the question of how much foreign and domestic demand, the level of labour costs, the level of sector innovation intensity, the level of sector openness to foreign markets as well as sectoral labour productivity influence the changes in trade balance. Methods: Our approach is based on employing an error correction model and SUR model to disaggregated sectoral manufacturing data. Findings & Value added: The results of the analysis conducted show substantial differences in the roles particular variables play in explaining the net exports in individual sectors. For the majority of Polish and Czech manufacturing sub-sectors, generation of positive trade balance is determined by relative demand growth. An increasing labour productivity influences heavily a positive trade balance of Polish goods in majority of sub-sectors, however, a key factor in Czech sub-sectors is decreasing unit labour costs. The results of the analysis indicate mostly a greater impact of the researched factors on net exports in long rather than short term and the better capacity of the Czech economy to correct deviations from the equilibrium.

3

Comparative advantage of the EU in global value chains: How important and efficient are new EU members in transition?

75%

Gurgul H., Lach Ł.

Managerial Economics

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2016

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vol. 17

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issue 1

21-58

EN

We suggest original modifications and extensions of the recently presented methodological developments in ex-post accounting framework in global value chains in order to obtain empirical results both for the analyzed group of ten CEE economies as well as at a country-and-sector-specific level. The empirical results confirm that the role of the selected CEE economies in transition in creating value added with respect to the total value added in the European Union in the GVC framework was biggest in the cases of agriculture-, wood-products-, metal-production, and travel-and-tourism-related sectors. We also found that, after two decades of transition, the measures of productivity in the examined economies in 2009 were still much lower as comparedto the EU average for most of the sectors. Moreover, in the transition period, these indexes were increasing, especially after EU accession. In contrary, after two decades of transition, the measures of capital efficiency in the ten CEE economies in 2009 were comparable to the EU average for most of the sectors. Moreover, during this period, the growth rates of these indexes were, in general, positive. However, their growth rates dropped after EU accession.

Refine search results

1 Equilibrium. Quarterly Journal of Economics and Economic Policy

1 Managerial Economics

1 Oeconomia Copernicana

1 Gurgul H.

1 Kordalska A.

1 Kruk H.

1 Lach Ł.

1 Olczyk M.

1 Waśniewska A.

1 2018

1 2017

1 2016

Application of the Perkal method for assessing competitiveness of the countries of Central and Eastern Europe

Determinants of trade balance in Polish and Czech manufacturing sectors

Comparative advantage of the EU in global value chains: How important and efficient are new EU members in transition?