INNOVATIVENESS OF BELARUSIAN ECONOMY THROUGH THE PRISM OF ITS COMPETITIVE POSITION IN INTERNATIONAL TRADE

Krzysztof Falkowski

CBU International Conference Proceedings, 2017, vol. 5, issue 0, 120-127

Abstract: The main purpose of this study is to answer the question of how innovative Belarusian economy is. Its innovativeness has been assessed through an in-depth analysis of Belarus’ position in international trade, especially in high- and medium-high-technology goods, on the back of the assumption that any competitive advantages possessed in them testify to the economy’s high innovativeness. The analysis of the dynamics of long-term revealed comparative advantages in Belarusian foreign trade by using Balassa’s RCA methodology and covering the years 2000-2014, has shown that the country was generally characterized by low innovativeness, as evidenced by the possession of such advantages only in trade in goods of relatively low technological intensity (medium-low technology). Meanwhile, in hi-tech goods (high and medium-high technology), Belarus did not have any (or only had relatively small) long-term revealed comparative advantages. Moreover, Belarus’ competitiveness in international trade deteriorated over that period, not only regarding high and medium-high technology goods but also in foreign trade overall. This seems to be, amongst others, the consequence of low efficiency of the country’s current innovation policy.

Keywords: innovativenesscompetitiveness; comparative advantages; international trade; Belarus (search for similar items in EconPapers)
JEL-codes: F14 O31 P45 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:aad:iseicj:v:5:y:2017:i:0:p:120-127

DOI: 10.12955/cbup.v5.912

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