scholarly journals Comparative advantages of Bulgarian production and exports

Author(s):  
Vera Pirimova

The present study focuses on the analysis of the competitiveness and the comparative advantages of Bulgarian production and exports. It is structured in two parts. The first part summarizes the positions of Bulgaria in the index of global competitiveness and the more important criteria related to foreign trade. In the second part some theoretical concepts for comparative competitive advantages are systematized. Out of them the indices of B. Belasa and M. Amir have been chosen and calculated and on this basis the conclusions about the comparative advantages and disadvantages of the Bulgarian production and export of certain commodities and commodity groups, manifested in 2012-2016, are drawn. Stepping on these conclusions the possibilities for expanding or restricting the export of specific commodity groups and for increasing the competitiveness of the Bulgarian economy are systematized. In this research mathematical and statistical methods are applied, mostly the index method, along with methods of analysis and synthesis.

2017 ◽  
Vol 55 (3) ◽  
pp. 399-420 ◽  
Author(s):  
Milica Cvetković ◽  
Marija Petrović-Ranđelović

AbstractAgriculture of the Republic of Serbia is a significant economic branch, due to the specifics of production, tradition and because of the enormous potential that it holds for improving competitive performance and development of the national economy. For this reason, in all strategic documents agriculture is recognised as a vital branch for the development of the national economy, which can be achieved by an increase in productivity and greater foreign exchange, especially with the neighbouring countries. Bearing in mind that agricultural food products represent a very important part of foreign trade of the Republic of Serbia with the countries of the Western Balkans, the goal of the research is to point out the comparative advantages of the Republic of Serbia in the exchange of agricultural and food products with the countries in the region, by applying the Balassa index. The realisation of the principal objective of the research was carried out using the methods of comparative advantage, historical method, trends method, methods of analysis and synthesis. The results of research show that the Republic of Serbia has distinct comparative advantages in relation to the countries in the Western Balkans, with the exception of the Republic of Croatia. The key contribution of this paper lies in providing a clearer insight into the comparative advantages of the Republic of Serbia in foreign trade with the countries in the region, as well as pointing out the priority directions of activities of competent authorities in order to intensify. the agricultural export, especially high quality and products at a higher level of processing.


2017 ◽  
Vol 5 ◽  
pp. 120-127 ◽  
Author(s):  
Krzysztof Falkowski

The main purpose of this study is to answer the question of how innovative Belarusian economy is. Its innovativeness has been assessed through an in-depth analysis of Belarus’ position in international trade, especially in high- and medium-high-technology goods, on the back of the assumption that any competitive advantages possessed in them testify to the economy’s high innovativeness. The analysis of the dynamics of long-term revealed comparative advantages in Belarusian foreign trade by using Balassa’s RCA methodology and covering the years 2000-2014, has shown that the country was generally characterized by low innovativeness, as evidenced by the possession of such advantages only in trade in goods of relatively low technological intensity (medium-low technology). Meanwhile, in hi-tech goods (high and medium-high technology), Belarus did not have any (or only had relatively small) long-term revealed comparative advantages. Moreover, Belarus’ competitiveness in international trade deteriorated over that period, not only regarding high and medium-high technology goods but also in foreign trade overall. This seems to be, amongst others, the consequence of low efficiency of the country’s current innovation policy.


Respuestas ◽  
2015 ◽  
Vol 20 (1) ◽  
pp. 30 ◽  
Author(s):  
Jorge Enrique Rodríguez-Guevara ◽  
Adriana Mora-Urbina

Antecedentes: La participación del carbón colombiano en el mercado internacional ha dependido y dependerá fundamentalmente de competir con precios con otros posibles proveedores internacionales, si no se cambia la estrategia a competir. Por ello uno de los factores más importantes a tener en cuenta tiene que ver con los costos de la operación logística, para el caso de Norte de Santander. Objetivo: El objetivo principal de este proyecto es realizar el diagnóstico de la operación logística del carbón en Norte de Santander. Metodología: Básicamente la metodología utilizada fue la aplicación de encuestas a los principales expertos y empresarios exportadores de Carbón en Norte de Santander. Resultados: Uno de los aspectos más relevantes que mitigan la posibilidad de capturar valor en el comercio exterior, son sus altos costos en la operación logística. El problema identificado se da en la ausencia de estudios que permitan caracterizar la distribución física internacional del sector del carbón en Norte de Santander, en losMunicipios más representativos para su extracción. Conclusiones: Finalmente el proceso de internacionalización de la economía obliga a los sectores productivos, a pasar de las ventajas comparativas, a ventajas competitivas. Estas últimas son necesarias para aprovechar los mercados internacionales, sin embargo, sectores estratégicos por su potencial en reservas y características de su producto, como el sector del carbón en Norte de Santander, aún no consolidan elementos para su aprovechamiento.Abstract Background: The participation of Colombian coal in the international market has depended and will depend primarily on price to compete with other potential international suppliers, if the strategy is not changed to compete. Therefore one of the most important factors to consider has to do with the cost of logistics operation, in the case of Norte de Santander. Objective: The main objective of this project is to make the diagnosis of coal logistics operation in Northern Santander. Methods: Basically the methodology used was the application of polls leading experts and entrepreneurs exporters of coal in Norte de Santander. Results: One of the most important aspects that mitigate the possibility of capturing value in foreign trade are high costs in logistics operation. The identified problem occurs in the absence of studies to characterize the international physical distribution of coal in Norte de Santander, the most representative for extraction Municipalities sector. Conclusions: Finally the internationalization of the economy requires productive sectors, to shift from comparative advantages to competitive advantages. These are needed to tap international markets, however, strategic sectors for its potential reserves and features of your product, as the coal sector in Norte de Santander, not yet consolidated elements for their use.Palabras Clave: Carbón, Diagnóstico, Estrategia, Investigación, Logística


2017 ◽  
Vol 7 (1) ◽  
pp. 1-20
Author(s):  
Ridwan Umar Hanafi ◽  
Netti Tinaprilla

Indonesia should focus on cocoa products that have the highest competitiveness in order to compete with other competitors in cocoa international trade. This research aimed to analyze Indonesia’s cocoa and cocoa preparations competitiveness. Data used in this research were secondary data. Research began with analyzed cocoa and cocoa preparations market structure. The result showed that the market structure of cocoa paste, cocoa butter and cocoa powder (unsweetened) classified as an oligopoly, in the other hand cocoa beans classified as monopoly. RCA (Revealed Comparative Advantage) method showed that Indonesia had comparative advantages on cocoa beans, cocoa paste and cocoa butter (RCA>1). TSI (Trade Specialization Index) method showed that Indonesia had a tendency as a net exporter of cocoa beans, cocoa paste and cocoa butter. EPD (Export Products Dynamic) method showed that Indonesia had a high competitive advantages on cocoa beans, cocoa paste, cocoa butter and cocoa powder (unsweetened).


2021 ◽  
Vol 2021 (2) ◽  
pp. 51-65
Author(s):  
Viktoriia Y. Shkola ◽  
Maryna D. Domashenko ◽  
Mykola D. Vavilichev

The purpose of the research is to study the global competitiveness of world’s economies and the factors influencing, given the modern challenges faced and far-looking threats. The competitiveness of the national economy has been found to involve the country's ability to compete with others through efficient use of available natural, physical, and intellectual capital to secure resilience and sustainability of nation in sort-term, medium-term and long-term period. The research is focused on analyses of indicators of global competitiveness of world’s economies and the factors influencing, given the modern challenges faced and far-looking threats. The evaluation and comparison of the competitiveness of Ukraine and the highest performing countries according to the world rating on the base of the GCI and the WCR – 10 countries – Denmark, Germany, Hong Kong SAR, Japan, the Netherlands, Singapore, Sweden, Switzerland, the UAE, the USA – has been fulfilled. Strengths and weaknesses were evaluated by the method of mutual comparison. The main threats and challenges at the global and national levels are described. Consistent indicators of the leading counties’ economies in context of far-looking global risks and national challenges are scrutinized. The study uses a mixed approach, including factorial analysis and descriptive statistics. Index method developed on the base of ‘distance to frontier’ approach applied to the countries’ index ranking transformed into upward indices, is suggested to use. Future studies may explore the opportunities for optimization of national competitive advantages given global challenges, constant monitoring of the latest trends in the world economy and analysis of the impact of globalization processes on the formation of the country's competitiveness.


2018 ◽  
Vol 8 (8) ◽  
pp. 2533
Author(s):  
Nataliya S. PLASKOVA ◽  
Natalia A. PRODANOVA ◽  
Еlena I. ZATSARINNAYA ◽  
Lyudmila N. KORSHUNOVA ◽  
Natalya V. CHUMAKOVA

Development of modern economy in the context of globalization and business integration, competition stiffening in virtually all sectors of the national economy, makes it impossible to develop large enterprises without significant investment infusions. Therefore, the topic is relevant and necessary for consideration. The main goal of the work is to disclose various aspects of methodological support for assessing the investment attractiveness of innovative companies that are necessary to meet the information needs of their owners, investors, grant holders, and financial professionals. To achieve this goal, the authors used methods of analysis and synthesis. The authors clarified the definition and essence of the ‘investment attractiveness’ concept and structured the analytical characteristics and indicators of the organization’s investment attractiveness. A critical review of the existing methods of analyzing the investment attractiveness of organizations made it possible to identify their advantages and disadvantages, adapt existing methods taking into account the innovative features of companies developing intellectual products. It was proposed universal methodology for rating the investment attractiveness of companies that carry out innovation activities.


Author(s):  
Valery Alexandrovich Rakhaev

The article considers the factors causing the formation of credit limits. There has been carried out a review of methodological approaches to analysis of credit limits described in domestic economic literature, as well as applied in practice. The advantages and disadvantages of existing methods of determining credit limits have been revealed. It has been pointed out that nowadays in the theory and practice of banking there is no generally accepted method for setting limits. On the basis of the financial model, the nature of the working capital needs of customers and its impact on the need for lending were investigated. The ratios of net working capital and own working capital are considered depending on the nature of the need, financial cycle, business profitability and conditions of settlements with counterparties. A calculation of the working capital need based on the index method is proposed. The methods for calculating the limit of working capital with temporary and permanent working capital need are substantiated. There have been made calculations of the working capital need for options characterized by increasing volumes in production and sales and by changing the terms of settlements with counterparties. The relationship between the revenue growth and the required net working capital is shown. The dynamics of own working capital growth is analyzed. Using the results, the calculation of the limit for revolving financing has been made including a one-time loan for replenishing working capital and a revolving credit line with a debt limit due to the constant need for materials procurement. In the course of analysis there were used general scientific methods and techniques: systemic and logical analysis and synthesis, comparison, building a system of indicators based on vertical and horizontal relationships between them, studying the relationship between effective (generalizing) indicators and quotients, forecasting and extrapolation, the principles of induction and deduction.


Author(s):  
Ancuta Stangaciu

In this study, I proposed to analyze the territorial structure at county level, of the Romanian international trade both overall and by the sections of the Combined Nomenclature. Starting with the values of export and imports trade flows related to each county in Romania and using statistical methods of analysis, I determineted the spatial distribution of foreign trade reveal that county poles of competitiveness in this regard. Whereas the trade balance or indicators such as coverage of imports by exports is proof that the increase or decrease the competitiveness of an economy's performance, I calculated also for each county these indicators.


Author(s):  
Nataliia Tsymbalenko

The subject of research-theoretical concepts of economic security managementof universities. The purpose of the article. The study of the essence of the economicsecurity management system of the university and the definition of its main tasks,the formulation of principles of economic security management of the university.Methodology. The dialectical method, methods of analysis and synthesis, methodsof structural-logical and semantic analysis were used to study and summarizescientific papers on the research topic. The results of the work. The essence of theuniversity’s economic security management system has been reviewed. The maintasks of the control system have been identified. A definition of the university’seconomic security system has been proposed. Principles of management of economicsecurity of the university have been formulated. These are: scientific andorganizational and social principles. Conclusions. The proposed principles allow totake into account the economic role and social mission of universities in managingeconomic security.


Author(s):  
Gintarė VAZNONIENĖ ◽  
Bernardas VAZNONIS

In this article the significance of wellbeing research in the regional level in Lithuania has been analyzed, the advantages and disadvantages of the objective and subjective wellbeing research have been evaluated. The results of the analysis of wellbeing research reveal that the wellbeing research in the regional level is poorly amplified, the wellbeing research in the social sciences is not marked, the wellbeing is investigated in other fields not in social sciences or according to the aims of the researher and more often causes and outcomes of social economical inequality for regional development are emphasized. Scientific studies show that wellbeing research can have big influence for shaping the future of regions because it concerns local people, their choices and overall wellbeing of a particular region. Findings from foreign countries good practice disclose that wellbeing is currently widely used as a key factor and trend for the development policy evaluation. Accordingly in this article big attention is drawn to wellbeing research possible effect for policymakers. It can be concluded that wellbeing research should become an important discussion object in the regional development context because it reveals the situation about people overall wellbeing and particular life domains. The main aim of this article is to analyse the importance of wellbeing research to regional level in Lithuania. The research problem of this article is the fact that the poor experience of wellbeing research in Lithuania insufficiently reveals the wellbeing expression and use in the regional level. In the research common research methods like analysis and synthesis of the scientific literature, analysis of documents and comparative analysis have been employed.


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