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COMPARATIVE ADVANTAGE METRICS OF ROMANIA’S EXPORTS IN THE PERIOD 2007-2010

Gheorghe Zaman () and Valentina Vasile ()

Romanian Journal of Economics, 2012, vol. 34, issue 1(43), 5-23

Abstract: The research work consists of two parts. In the first theoretical part we analyse the formulae of revealed comparative advantages (RCA) and of the Grubel-Lloyd indices as an analysis instrument of international specialisation and of inter- and intra-industry one of national economies. The second part analytically presents the outcomes of computing the two indicators in the case of the Romanian economy in the post-accession period 2007-2010 by making use of the Eurostat database for intra and extra EU-27 trade by the nine SITC (Standard International Trade Classification) Rev. 4 categories.

Keywords: exports; revealed comparative advantages (RCA); Grubel-Lloyd Indices; inter&intra-industry international specialization (search for similar items in EconPapers)
JEL-codes: F02 F4 F12 F14 (search for similar items in EconPapers)
Date: 2012
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