Sectoral Analysis of Competitiveness of Wood Processing Industry in the Czech Republic

Andrea Sujová () and Petra Hlaváčková
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Petra Hlaváčková: Department of Forest and Wood Products Economics and Policy, Faculty of Forestry and Wood Technology, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2015, vol. 63, issue 1, 293-302

Abstract: Wood processing industry (WPI) is a sector based on renewable natural resources of wood raw material. It is therefore able of sustainable growth and be competitive on the international markets. The interest of the European Union is to build economy based on renewable natural resources, resulting in the need to pay increased attention to the development and support of the WPI. The aim of the paper is to evaluate the level and development of competitiveness of WPI in the Czech Republic in subsectoral structure for a period of ten years through the establishment of indicators based on foreign trade data of industry using mathematical and statistical methods. To reach the goal we set up a system of indicators measuring sectoral competitiveness. Achieved results in indicators have shown that, despite the WPI creates active foreign trade balance and contributes to surplus balance of country, it achieves low value of indicator revealed comparative advantage (RCA) with a negative, decreasing trend, thus industry gradually loses its competitive ability. Analysis was also found, that the reason for low competitive ability of WPI is low specialisation of country in the commodity group, which was confirmed by statistical method of correlation analysis.

Keywords: competitiveness; revealed comparative advantage; competitive advantage; foreign trade balance; wood processing industry (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:mup:actaun:actaun_2015063010293

DOI: 10.11118/actaun201563010293

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