scholarly journals VALUE ADDED EXPORTS AND COMPETITIVENESS IN THE BALTIC STATES

2016 ◽  
Author(s):  
Velga Ozoliņa
Keyword(s):  
Regression Analysis ◽  
Statistical Methods ◽  
Recent Trend ◽  
Value Added ◽  
High Tech ◽  
Baltic Country ◽  
Baltic States ◽  
General Terms ◽  
The Baltic ◽  
Trade In Value Added

The paper is devoted to the analysis of the exports and competitiveness in the Baltic States from the trade in value added perspective. The main objective is to determine the differences in export patterns measured in gross terms and in value added terms and the implications on competitiveness. Focusing on the recent trend to facilitate high value added exports, the article describes high- and medium-high-tech industries as classified by the EUROSTAT in more detail. OECD database is used for the study purposes, data are analysed using different statistical methods, including the calculation of relative indicators and regression analysis. The results show that Lithuania seems to be more competitive Baltic Country in general terms, but Latvia is lagging behind in the sector of high- and medium-high-tech industries.

scholarly journals Development of autopoietic economic structures in the Baltic states: analysis of factors

Equilibrium ◽  
2017 ◽  
Vol 12 (2) ◽  
pp. 319
Author(s):  
Mangirdas Morkunas ◽  
Viktorija Skvarciany ◽  
Jelena Titko
Keyword(s):  
Fuzzy Numbers ◽  
Value Added ◽  
Baltic States ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
Business System ◽  
Business Structures ◽  
The Baltic ◽  
Open Markets ◽  
Hierarchy Process

Research background: Since the introduction of the concept in 1972 Autopoiesis has enjoyed great popularity among academicians representing various fields of science. However, the number of studies devoted to the investigation of factors that have an impact on the formation of autopoietic economic structures is quite limited. This paper addresses the gap in scientific research on autopoiesis of economic structures in small open markets, specifically in the Baltic States.Purpose of the article: The paper aims to identify and evaluate factors that turn on self-organization mechanisms of autopoietic economic structures in the Baltic States, in particular in Latvia.Methods: Expert survey was used to identify the most important factors affecting the for-mation of meso-economic entities in the Baltic States. The factors’ assessments provided by seven experts were analyzed. Analytic Hierarchy Process (AHP) with fuzzy numbers was employed to process the data. Two different scales of evaluation (inverse linear and balanced) were used.Findings & Value added: The factors influencing the process of formation of business groups were evaluated by experts. Research results allow for making conclusions regarding the causes of the business integration, and impact of diversified integrated business structures on the country's business system in Central Europe.

scholarly journals Effect of Integration on the Gross Value Added in the Baltic States Dairy Sector Secondary Level

2013 ◽  
Vol 28 (1) ◽  
pp. 20-28
Author(s):  
Jānis Ozoliņš
Keyword(s):  
Economic Effect ◽  
Growth Dynamics ◽  
Value Added ◽  
Secondary Level ◽  
Baltic States ◽  
Operating Income ◽  
Dairy Processing ◽  
Gross Value Added ◽  
Positive Growth ◽  
The Baltic

Abstract Dairy sector is an essential part of Baltic States economies in terms of created gross value added (GVA) and labour usage. The dairy sector’s potential to create economic effect is underutilised as a result of fragmented production structure and ensuing low economic efficiency. Integration can facilitate concentration of the sector’s market structure. The aim of this paper is to evaluate the effect of dairy sector secondary-level company integration on the creation of GVA. To accomplish the aim, an extensive sample of 54 companies is used whereas previous research has been based on data of only 5-10 largest Baltic States companies. It is concluded that integration characteristics of dairy processing companies significantly influence relationships which express their GVA creation pattern. Dominating horizontally integrated dairy processing companies are the most valuable to the economy as their GVA increase rate which results from net turnover growth is the highest. Non-integrated companies’ GVA growth rate provided that their net turnover grows is lower than for dominating horizontally integrated companies. Increases in company size do not statistically significantly increase the relation of GVA to the sum of net turnover and other operating income. Both successful and commercially weak companies can produce high GVA in respect to their size. However, only the successful companies are expected to generate positive growth dynamics, be economically efficient and can be relied upon as driving force of dairy sector growth.

scholarly journals THE ROLE OF ECONOMIC ACTIVITIES’ CLUSTERS IN GROSS VALUE ADDED GENERATION IN THE BALTIC STATES

2017 ◽  
Vol 5 ◽  
pp. 401-412
Author(s):  
Rima RubÄŤinskaitÄ— ◽  
GindrutÄ— KasnauskienÄ—
Keyword(s):  
Labor Force ◽  
Labour Force ◽  
Value Added ◽  
Retail Trade ◽  
Baltic States ◽  
Economic Activities ◽  
Regional Economic ◽  
Gross Value Added ◽  
The Baltic ◽  
The Impact

: Economic globalization affects regional development through different economic value creation chains. The structure of regional economic activities’ groups and size of clusters could also influence the structure and size of gross value added in a particular region. This paper examines the impact of the main labor force indicators on the generated gross value added in diverse economic activities in the Baltic States and the neighbor regions of Finland and Poland in the period of 2000-2013 according to Eurostat data. The research has shown that the structure of economic activities clusters in the Baltic States (Estonia, Latvia, Lithuania) significantly differs from the neighboring regions of Poland and Finland. We also found that the labour force input has a significant impact on the following economic activities’ clusters in the Baltic States: “Industry (except construction)”, “Wholesale and retail trade, transport, accommodation and food service activities”, “Construction”, “Professional, scientific and technical activities; administrative and support service activities”, “Financial and insurance activities”, “Arts, entertainment and recreation; other service activities; activities of household and extra-territorial organisations and bodies”. The impact of the labor force on generated gross value added differs in diverse economic activities. The authors believe that the results of this study could be useful for policy makers in building more progressive national and regional economic development strategies.

FOREIGN DIRECT INVESTMENT AND GROWTH: ANALYSIS OF THE CONSTRUCTION SECTOR IN THE BALTIC STATES

2015 ◽  
Vol 21 (6) ◽  
pp. 813-826 ◽  
Author(s):  
Nerija Banaitienė ◽  
Audrius Banaitis ◽  
Mindaugas Laučys
Keyword(s):  
Foreign Direct Investment ◽  
Construction Industry ◽  
Direct Investment ◽  
Unit Root Test ◽  
Value Added ◽  
Construction Sector ◽  
Baltic States ◽  
Causality Test ◽  
Using Data ◽  
The Baltic

In the construction industry of the Baltic States, the aftermath of the economic crisis poses new questions as to what occasioned the crisis. The paper analyses a causal relationship between foreign direct investment in construction (CFDI) and the contribution of the construction industry to gross domestic product (GDP) using data obtained in the Baltic States (Lithuania, Latvia and Estonia) for the period from 2000 to 2011. The conducted research includes the initial econometric analysis of variables, which involves the verification of seasonality and stationarity with the help of time series plots, a unit root test and Granger causality test. The study has found that, in the case of Lithuania and Estonia, CFDI is not the Granger cause of the construction industry’s contribution to GDP growth; conversely, value added by the construction sector is not the Granger cause of FDI into the sector, and there is one-way causality from value added by the construction sector to CFDI, and the construction industry’s contribution to GDP does not influence CFDI in Latvia.

scholarly journals Res-E Support Policies in the Baltic States: Electricity Price Aspect (Part II)

2015 ◽  
Vol 52 (2) ◽  
pp. 13-25
Author(s):  
V. Bobinaite ◽  
I. Priedite
Keyword(s):  
Regression Analysis ◽  
Electricity Market ◽  
Multivariate Regression ◽  
Renewable Energy Sources ◽  
Multivariate Regression Analysis ◽  
Energy Sources ◽  
Baltic States ◽  
Market Prices ◽  
Net Benefits ◽  
The Baltic

Abstract Increasing volumes of electricity derived from renewable energy sources (RES-E) affect the electricity market prices and the prices for final electricity consumers in the Baltic States. The results of a multivariate regression analysis show that in 2013 the RES-E contributed to decreasing the electricity market prices in the Baltic States. However, the final electricity consumers pay for the promotion of RES-E through the approved RES-E component which has a tendency to increase. It is estimated that in 2013 the net benefits from the wind electricity promotion were achieved in Lithuania and Latvia while the net cost - in Estonia. This suggests that the economic efficiency of the wind electricity support scheme based on the application of feed-in tariffs was higher than that based on the feed-in premium.

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