PRODUCTIVE AND EXPORT POTENTIAL OF THE EU COUNTRIES: CLASTERS’ ANALYZE
Keywords:
competitiveness, economic openness, European Union, revealed comparative advantage, trade balance, trade concentration, trade diversification
Abstract
International trade, as a major factor of openness, has an increasingly significant contribution to economic growth and thus for competitiveness. The aim of paper is to analyze level of productive potential achieved by the EU Member States. The results confirm the heterogeneity that exists among the EU Member States as well as in the trade area. While the calculations show that productivity growth of foreign trade was significant in the case of the entire EU, but the significance of productivity in foreign trade was not the same in the case of individual countries.
References
Ahmadi-Esfahani, F. (2006). Constant Market Shares Analysis: Uses, Limitations and Prospects. The Australian Journal of Agricultural and Resource Economics, 50(4), 510–526. doi:10.1111/j.1467-8489.2006.00364.x.
Besedes, T., & Prusa, T. J. (2007). The Role of Extensive and Intensive Margins and Export Growth. NBER Working Paper No. 13628. Retrieved November 11, 2016, from http://econpapers.repec.org/paper/nbrnberwo/13628.htm. Cooper, W. W., Seiford, L. M. & Tone, K. (2007). Data Envelopment Analysis: A Comprehensive Text with Models, Applications, References and DEA-Solver Software. New York, USA: Springer. Eaton, J., Eslava, M., Kugler, M., & Tybout, J. (2007). The Margins of Entry into Export Markets: Evidence from Colombia. Retrieved November 9, 2016, from http://www.parisschoolofeconomics.eu/docs/ydepot/semin/texte0708/TYB2008TRA.pdf. Farole, T., Reis, J. G., & Wagle, S. (2010). Analyzing Trade Competitiveness. A Diagnostics Approach. The World Bank. Working Paper No. 5329. Retrieved December 12, 2016, from http://documents.worldbank.org/curated/en/249851468161954392/pdf/WPS5329.pdf. Felbermayr, G. J., & Kohler, W. (2004). Exploring the Intensive and Extensive Margins of World Trade. CES IFO Working Paper No. 1276. Retrieved November 27, 2016, from https://ideas.repec.org/p/ces/ceswps/_1276.html. Field, A. (2005). Discovering statistics using SPSS. London, UK: Sage Publications. Fojtíková, L. (2011). Business Strategy of the European Union on the Way Out of the Crisis. In: Proceedings from the 9th International Conference on Economic Policy in the European Union Member Countries (pp. 92-104). Ostrava, CZ: VŠB-Technical University of Ostrava. Cheptea, A., Fontagné, L., & Zignago, S. (2012). European Export Performance. CEP II Working Paper No. 2012-19. Retrieved December 10, 2016, from http://www.cepii.fr/PDF_PUB/wp/2012/wp2012-19.pdf. Meloun, M., & Militký, J. (2006). Kompendium statistického zpracování dat. Metody a řešené úlohy. Prague, CZ: Academia. Organisation for Economic Cooperation and Development (2014). Glossary of statistical terms. Retrieved November 28, 2016, from https://stats.oecd.org/glossary/detail.asp?ID=399. Orszaghova, L., Savelin, L., & Schudel, W. (2013). External Competitiveness of EU Candidate Countries. ECB. Occassional Paper Series, No 141. Retrieved November 30, 2016, from https://www.ecb.europa.eu/pub/pdf/scpops/ecbocp141.pdf?01f7445ba92c4e4f6fa1131e1fc5865 f. Priede, J., & Pereira, E. T. (2015). European Union’s Competitiveness and Export Performance in Context of EU – Russia Political and Economic Sanctions. In: Procedia. Social and Behavioral Sciences (vol. 207, pp. 680−689). Amsterdam, The Netherlands: Elsevier Ltd. Reis, J. G., & Farole, T. (2012). Trade Competitiveness Diagnostic Toolkit. The World Bank. Retrieved December December 2, 2016, from https://openknowledge.worldbank.org/handle/10986/2248. Rojíček, M. (2010). Konkurenceschopnost obchodu ČR v procesu globalizace. Politická ekonomie, 58(2): 147−165. Slaný, A. et al. (2006). Konkurenceschopnost české ekonomiky (vývojové trendy). Retrieved November 30, 2016, from https://is.muni.cz/do/econ/soubory/oddeleni/ centrum/konkurenceschopnost_ceskeekonomiky.pdf Staníčková, M. (2013). Assessment of EU12 Countries' Efficiency Using Malmquist Productivity Index. In: Proceedings of the 11th International Conference on Liberec Economic Forum (pp. 512-521). Liberec, CZ: Technical University Liberec.
Stevens, J. P. (2002). Applied multivariate statistics for the social science. New Jersey, USA: Erlbaum.
Besedes, T., & Prusa, T. J. (2007). The Role of Extensive and Intensive Margins and Export Growth. NBER Working Paper No. 13628. Retrieved November 11, 2016, from http://econpapers.repec.org/paper/nbrnberwo/13628.htm. Cooper, W. W., Seiford, L. M. & Tone, K. (2007). Data Envelopment Analysis: A Comprehensive Text with Models, Applications, References and DEA-Solver Software. New York, USA: Springer. Eaton, J., Eslava, M., Kugler, M., & Tybout, J. (2007). The Margins of Entry into Export Markets: Evidence from Colombia. Retrieved November 9, 2016, from http://www.parisschoolofeconomics.eu/docs/ydepot/semin/texte0708/TYB2008TRA.pdf. Farole, T., Reis, J. G., & Wagle, S. (2010). Analyzing Trade Competitiveness. A Diagnostics Approach. The World Bank. Working Paper No. 5329. Retrieved December 12, 2016, from http://documents.worldbank.org/curated/en/249851468161954392/pdf/WPS5329.pdf. Felbermayr, G. J., & Kohler, W. (2004). Exploring the Intensive and Extensive Margins of World Trade. CES IFO Working Paper No. 1276. Retrieved November 27, 2016, from https://ideas.repec.org/p/ces/ceswps/_1276.html. Field, A. (2005). Discovering statistics using SPSS. London, UK: Sage Publications. Fojtíková, L. (2011). Business Strategy of the European Union on the Way Out of the Crisis. In: Proceedings from the 9th International Conference on Economic Policy in the European Union Member Countries (pp. 92-104). Ostrava, CZ: VŠB-Technical University of Ostrava. Cheptea, A., Fontagné, L., & Zignago, S. (2012). European Export Performance. CEP II Working Paper No. 2012-19. Retrieved December 10, 2016, from http://www.cepii.fr/PDF_PUB/wp/2012/wp2012-19.pdf. Meloun, M., & Militký, J. (2006). Kompendium statistického zpracování dat. Metody a řešené úlohy. Prague, CZ: Academia. Organisation for Economic Cooperation and Development (2014). Glossary of statistical terms. Retrieved November 28, 2016, from https://stats.oecd.org/glossary/detail.asp?ID=399. Orszaghova, L., Savelin, L., & Schudel, W. (2013). External Competitiveness of EU Candidate Countries. ECB. Occassional Paper Series, No 141. Retrieved November 30, 2016, from https://www.ecb.europa.eu/pub/pdf/scpops/ecbocp141.pdf?01f7445ba92c4e4f6fa1131e1fc5865 f. Priede, J., & Pereira, E. T. (2015). European Union’s Competitiveness and Export Performance in Context of EU – Russia Political and Economic Sanctions. In: Procedia. Social and Behavioral Sciences (vol. 207, pp. 680−689). Amsterdam, The Netherlands: Elsevier Ltd. Reis, J. G., & Farole, T. (2012). Trade Competitiveness Diagnostic Toolkit. The World Bank. Retrieved December December 2, 2016, from https://openknowledge.worldbank.org/handle/10986/2248. Rojíček, M. (2010). Konkurenceschopnost obchodu ČR v procesu globalizace. Politická ekonomie, 58(2): 147−165. Slaný, A. et al. (2006). Konkurenceschopnost české ekonomiky (vývojové trendy). Retrieved November 30, 2016, from https://is.muni.cz/do/econ/soubory/oddeleni/ centrum/konkurenceschopnost_ceskeekonomiky.pdf Staníčková, M. (2013). Assessment of EU12 Countries' Efficiency Using Malmquist Productivity Index. In: Proceedings of the 11th International Conference on Liberec Economic Forum (pp. 512-521). Liberec, CZ: Technical University Liberec.
Stevens, J. P. (2002). Applied multivariate statistics for the social science. New Jersey, USA: Erlbaum.
Published
2017-03-24
How to Cite
Fojtíková, L., & Staníčková, M. (2017). PRODUCTIVE AND EXPORT POTENTIAL OF THE EU COUNTRIES: CLASTERS’ ANALYZE. The EUrASEANs: Journal on Global Socio-Economic Dynamics, (2(3), 20-31. Retrieved from https://euraseans.com/index.php/journal/article/view/25
Section
Articles
Copyright
The EUrASEANs
International College Suan Sunandha
Rajabhat University, Bangkok, Thailand
