FOREIGN TRADE AT REGIONAL LEVEL IN ROMANIA AS A TOOL IN BUILDING SMART SPECIALISATION STRATEGIES Abstract: In the context of the new EU Cohesion Policy and Europe 2020 strategy, regions are encouraged to build their own development strategies based on specialisation and innovation. Smart specialisation strategies aim to identify and focus on those activities in which the region has comparative advantages and at the same time, are characterized by a high added value. These activities have the power to bring the greatest benefits to the local and regional economy and, thus, reduce disparities between regions and enhance overall competitiveness of European regions. This paper analyzes data on exports and imports at the county level, on sections and chapters of the Combined Nomenclature in order to identify trends of specialisation of economic activity. Moreover, this approach provides information on the competitiveness of these counties, high export rates indicating a better adaptation to international markets. Results show that the majority of counties import and, at the same time, export machinery and electrical equipment, and textiles and textile articles

Constantin Postoiu
Additional contact information
Constantin Postoiu: Bucharest University of Economic Studies, Romania

EcoForum, 2015, vol. 4, issue Special Issue 1, 3

Keywords: foreign trade; Smart Specialisation Strategy; regional competitiveness (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://ecoforumjournal.ro/index.php/eco/article/download/193/150 (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: https://EconPapers.repec.org/RePEc:scm:ecofrm:v:4:y:2015:i:s1:p:3

Access Statistics for this article

EcoForum is currently edited by Association of Educational and Cultural Cooperation Suceava

More articles in EcoForum from "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department. Contact information at EDIRC.
Bibliographic data for series maintained by Iulian Condratov ().