INTERNATIONAL DIVISION OF LABOUR IN THE CONTEXT OF GLOBALISATION: THE CASE OF THE CZECH REPUBLIC

Michal Tvrdoň ()

Journal of Applied Economic Sciences, 2010, vol. 5, issue 4(14)/ Winter 2010, 359-369

Abstract: Division of labour is the specialization of cooperative labour in specific, circumscribed tasks and roles, intended to increase the productivity of labour. Historically the growth of a more and more complex division of labour is closely associated with the growth of total output and trade, the rise of capitalism, and of the complexity of industrialization processes. The revealed comparative advantage (RCA) measures the intensity of trade specialisation of a country within the world. We try to analyse Czech foreign trade on the base of indices of revealed comparative advantage with respect to world exports into the EU-27 and with the EU-27 Member states and over time. Most important Czech export and import products into EU are different kinds of machines, electrical equipment, and transport vehicles (car industry) and related parts. Presented analysis also indicates that Czech Republic has revealed comparative advantage in SITC sections of 6 a 7 only.

Keywords: division of labour; comparative advantage; absolute advantage; revealed comparative advantage; Czech Republic (search for similar items in EconPapers)
JEL-codes: F10 F23 F41 (search for similar items in EconPapers)
Date: 2010
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.jaes.reprograph.ro/articles/winter2010/TvrdonMichael.pdf (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:ush:jaessh:v:5:y:2010:i:4(14)_winter2010:p:124

Access Statistics for this article

Journal of Applied Economic Sciences is currently edited by Laura Stefanescu

More articles in Journal of Applied Economic Sciences from Spiru Haret University, Faculty of Financial Management and Accounting Craiova Contact information at EDIRC.
Bibliographic data for series maintained by Laura Stefanescu ().