EconPapers    
Economics at your fingertips  
 

ESTIMATION OF EXPORT SPECIALIZATION: LITHUANIAN CASE

Dalia Bernatonyte ()
Additional contact information
Dalia Bernatonyte: Kaunas University of Technology

Equilibrium. Quarterly Journal of Economics and Economic Policy, 2015, vol. 10, issue 3, pages 129-138

Abstract: This paper investigates the nature and pattern of export specialization in Lithuania. The aim of this paper is to estimate the nature and pattern of Lithuanian export specialization under the existing conditions. Seeking to define the nature and pattern of export specialization, the basic methods of export specialization measurement and the nature and pattern of export specialization in trade between Lithuania and the EU are determined. For measurement of the pattern of export specialization in Lithuania two approaches are adopted. The index of export specialization is used to determine the pattern of comparative advantage. Secondly, trade dissimilarity index is used to predict structural changes in Lithuanian exports. Using these methods of measurement and standard international trade classification (SITC), the nature and pattern of Lithuanian export specialization was determined. It was found that the biggest flows from Lithuania to the EU are in the following groups: food, drink and tobacco; raw materials; mineral fuels, lubricants and related materials. These calculation results show the main directions of nature and pattern of export specialization. This research could be useful for preparing and forecasting the possibilities of Lithuanian export development.

Keywords: trade; export; export specialization; revealed comparative advantage index; trade dissimilarity index (search for similar items in EconPapers)
JEL-codes: F1 F11 F14 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://dx.doi.org/10.12775/EQUIL.2015.028 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:pes:ierequ:v:10:y:2015:i:3:p:129-138

Access Statistics for this article

Equilibrium. Quarterly Journal of Economics and Economic Policy is currently edited by Adam P. Balcerzak

More articles in Equilibrium. Quarterly Journal of Economics and Economic Policy from Institute of Economic Research Contact information at EDIRC.
Series data maintained by Adam P. Balcerzak ().

 
Page updated 2016-10-29
Handle: RePEc:pes:ierequ:v:10:y:2015:i:3:p:129-138