COMPETITIVENESS OF THE PRODUCTS AND ITS IMPACT ON THE STRUCTURE OF EXPORTS - THE CASE OF ROMANIA
Journal Title: Annals of the University of Oradea. Fascicle of Textiles, Leatherwork - Year 2016, Vol 0, Issue 2
Abstract
The paper analyse the evolution of the competitive advantages of the main products exported by Romania in the 2000-2014 period and the connection between this evolution and the current structure of Romanian exports. In the first part we calculated the Revealed Comparative Advantage Index (RCA) of Balassa, index for main groups of products exported by Romania the period 1990 to 2014 and we analysed the competitive advantage evolution. In the second part we presented the evolution of the structure of Romanian exports in 2010-2014 and we noticed that the recorded changes in structure of Romanian exports is in close correlation with the changing competitiveness of products exported by Romania. In this sense one of the most significant examples is given by the evolution recorded in exports of machinery and transport equipment that not only was raised every year but the sector succeeded and currently holds a competitive advantage in the market of these products - a market where it is knows is stiff competition. Although garment exports have recorded during the analyzed period the largest decrease, the advantages of the Romanian garment industry - labor force highly qualified endowing companies with machinery efficient, product quality achieved, flexibility and quick response to orders but also geographical position the country - still cause this sector recording still comparative advantages though its values are declining during the whole period analyzed.
Authors and Affiliations
Simona TRIPA, Sunhilde CUC
Keywords
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