INVESTIGATING EXPORT MARKET CONCENTRATION FOR DEVELOPED, DEVELOPING AND TRANSITION COUNTRIES
Journal Title: International Journal Vallis Aurea - Year 2018, Vol 4, Issue 1
Abstract
Multilateral liberalisation of international trade started at the second half of the 20th century. Many, especially developing countries, benefited from trade liberalisation increasing their share of trade in global trade. This decrease in inequality of international trade between developed and developing countries can be measured by calculating market concentration indices. The emphasis is given to standardized Herfindahl-Hirschman index as the basic measure of trade concentration. Goal of this paper is to investigate concentration of global merchandise exports for developed, developing and transition countries using various concentration measures in the period between 1948 and 2016 and testing the validity of Linder hypothesis. Results of the analysis has shown that there has been decrease in market concentration of global merchandise exports in the observed period, the importance of developing and transition countries increased while developed countries preferred mutual trade instead according to the Linder hypothesis.
Authors and Affiliations
Ksenija Dumičić, Hrvoje Jošić, Berislav Žmuk
Keywords
Related Articles
- EP ID EP430103
- DOI 10.2507/IJVA.4.1.1.43
- Views 130
- Downloads 0
STANDARD OF FULFILMENT OF REQUIREMENTS IN THE APPLICATION OF TQM IN SLOVAK REPUBLIC
In practise are TQM approaches applied through the EFQM Excellence Model and therefore research is focused on organizations which are applying this model and their level of performance in individual criteria are rated wi...
Organizational factors of career management employed in the transition economy
The aim of this research was to determine which organizational factors have an impact on the realization of individual employee career plans. The sample was of a quotient, random selection of the respondent, of the size...
Development of Network Agnostic SIM Technologies for M2M Data transfer
The development of smart devices and their functionality is not possible without adequate network connectivity. Every two to three years, smart devices increase their processing power, amount of memory and functionality...
MINIMIZATION OF THE DIET COSTS ON THE THREE-DAY MENU EXAMPLE
Linear programming is a special field of applied mathematics that deals with solving optimization problems while certain conditions or constraints must be fulfilled. Aim of linear programming is to find a solution how to...
Perception of educators on the mediation role of ease of use in predicting the relationship between teacher competence and use behaviour
This paper analyses the relationship between the teacher technology competence and their use of technology under the mediating influence of ease of use. The paper presents a set of results that are empirically tested on...