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Empirica

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Irina Marilena Ban, Measuring trade specialization dynamics: the case of Romania and Bulgaria

Empirica, 2017, 44(2), pp.229-248, http://www.springer.com/10663
The paper analyses the evolution of trade specialisation in Romania and Bulgaria beginning with the mid-1990s to 2012. 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 specialisation indicators in time and to find out if Romania and Bulgaria have mainly specialised in competitive or non-competitive products. Although the main acceding countries to European Union had registered an increasing degree of specialisation, our results indicate an opposite trend for the two countries.
 
Research group:Industrial Economics, Innovation and International Competition
Language:English

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Fritz Breuss

Professor Fritz Breuss

Function: Research staff member
Research groups: Macroeconomics and European Economic Policy
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