COMPETITIVENESS GAP IN SERBIA'S METALS AND ELECTRONICS INDUSTRY

Ana S. Trbović, Goran Radosavljević and Jana Subotić
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Ana S. Trbović: Singidunum University
Goran Radosavljević: Singidunum University
Jana Subotić: Singidunum University

Serbian Association of Economists Journal, 2012, issue 5-6, 301-315

Abstract: Despite marked fall in production since 1980, metals and electronics industry plays an important role in Serbia’s economy, reflected in its share in employment, export, and gross domestic product. Export in the sector has a sound basis for future growth, where vicinity of EU markets coupled with favorable trade regime since 2000 creates a crucial competitive advantage. Serbian companies are present in the entire spectrum of the metals and electronics value chain from primary to semi-finished to final goods production, albeit mostly with low value added products at the moment. The major competitiveness drawback is that the companies in metals and electronics industry have limited access to finance, which results in insufficient investments in technology and innovation. There is also a skills gap, especially in operating new machinery, and infrastructure limitations with regard to rail and river transport, presenting key challenges to future development.

Keywords: metals; electronics; industry; Serbia; competitiveness; technology; skills gap (search for similar items in EconPapers)
JEL-codes: E00 (search for similar items in EconPapers)
Date: 2012
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