Measuring trade specialization dynamics: the case of Romania and Bulgaria

Irina Marilena Ban ()
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Irina Marilena Ban: Babeş-Bolyai University

Empirica, 2017, vol. 44, issue 2, No 2, 229-248

Abstract: Abstract The paper analyzes the evolution of trade specialization in Romania and Bulgaria beginning with the mid-1990s–2012. Methodologically, two statistical methods are applied: cross-section analysis and the Markov chain technique. These methods are used both to establish a link between different distributions of trade specialization indicators in time and to find out if Romania and Bulgaria have mainly specialized in competitive or non-competitive products. Although the main acceding countries to European Union had registered an increasing degree of specialization, our results indicate an opposite trend for the two countries.

Keywords: Competitive advantage; Trade specialization; Cross-section analysis; Markov chain (search for similar items in EconPapers)
JEL-codes: C21 F11 F14 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s10663-016-9317-7

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