Revealed comparative advantages and trade balance indicators of trade structure of V4 countries

Renáta Pitoňáková

International Journal of Trade and Global Markets, 2023, vol. 17, issue 1, 30-50

Abstract: The paper aims to inspect trade structure and changes in comparative advantages of the Czech Republic, Hungary, Poland, and Slovakia on the intra-EU28 market for the period 2009-2019. The categorisation of the products corresponds to the Statistical classification of products by activity (CPA). This paper exploits the modified index of revealed comparative advantages-the revealed symmetric comparative advantages (RSCA) and the trade balance index (TBI). Econometric models using the RSCA were applied for testing stability and specialisation trends of a country's trade. The results show that the Czech Republic and Hungary had the biggest changes in comparative advantages in 2009-2011, Poland and Slovakia in 2011-2015. The findings indicate space for increasing export performance and specialisation of these V4 countries on the intra-EU market in the short and long-run.

Keywords: specialisation; revealed comparative advantages; revealed symmetric comparative advantages; trade balance index; export performance. (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=130168 (text/html)
Access to full text is restricted to subscribers.

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: https://EconPapers.repec.org/RePEc:ids:ijtrgm:v:17:y:2023:i:1:p:30-50

Access Statistics for this article

More articles in International Journal of Trade and Global Markets from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().