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COMPARATIVE ADVANTAGE METRICS OF ROMANIA’S EXPORTS IN THE PERIOD 2007-2010

Keywords: exports , revealed comparative advantages (RCA) , Grubel-Lloyd Indices , inter&intra-industry international specialization

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Abstract:

The research work consists of two parts. In the first theoretical part we analyse the formulae of revealed comparative advantages (RCA) and of the Grubel-Lloyd indices as an analysis instrument of international specialisation and of inter- and intra-industry one of national economies. The second part analytically presents the outcomes of computing the two indicators in the case of the Romanian economy in the post-accession period 2007-2010 by making use of the Eurostat database for intra and extra EU-27 trade by the nine SITC (Standard International Trade Classification) Rev. 4 categories.

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