Assessment of realization of export specialization potential by the international business

Arkhiiereiev Sergii
Doctor of Economics, Professor, V. N. Karazin Kharkiv National University, e-mail:40302g@gmail.com

Cite this article:

Arkhiiereiev, S. (2018). Assessment of realization of export specialization potential by the international business. Ed.: М.D. Baldzhy (ed.-in-ch.) and others [Systema pensiinoho zabezpechennia Ukrainy ta yevrointehratsiini protsesy; za red.: М. D. Baldzhy (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 2 (254), pp. 23-43.

Abstract

It is shown, that the index of specialization of export reflects only a potential of export specialization, but not its real value. For an assessment of realization of potential, it is offered to introduce an index of real specialization of and an index of real specialization of export. The index of real specialization of import more corresponds to the problem of an assessment of realization of export specialization potential while the index of real specialization of export most corresponds to the problem of an assessment of the international business in bilateral trade of separate commodities. On the example of Ukraine and Germany, calculations of traditional and introduced two new indicators are carried out. Advantages of the foreign partner international business in realization of export specialization potential are revealed. The list of the branches with potential comparative advantages on which it is expedient to concentrate efforts of the Ukrainian international business for the purpose of fuller realization of export specialization potential is provided.

Keywords

export specialization index, import specialization, international business efficiency.

JEL classification: F 000

UD classification: 338

References

1. Balassa B. Trade Liberalisation and Revealed Comparative Advantage / B. Balassa // The Manchester School of Economic and Social Studies. – 1965. – V. 33. – pp. 99-123.
2. Lafay, J. The Measurement of Revealed Comparative Advantages / J. Lafay // International Trade Modeling. – London United Kingdom: Chapman and Hall, 1992. – pp. 209-234.
3. Greenaway D. Trade and Industrial Policy in Developing Countries: A Manual of Policy Analysis / D. Greenaway, C. Milner // The Macmillan Press University of Michigan Press, 1993. – 265 p.
4. Салихова Е. Сравнительные преимущества стран в глобальной высокотехнологичной сфере: новые подходы к оценке / Е. Салихова // Российский внешнеэкономический вестник. – 2012. – № 12. – С. 85-101.
5. Amjadi A. World Integrated Trade Solution: User’s Manual (Version 2.01) / A. Amjadi, P. Schuler, H. Kuwahara, S. Quadros – The World Bank – January 2011. http://wits.worldbank.org/data/public/WITS_User_Manual.pdf.
6. Utkulu, U. Revealed Comparative Advantage and Competitiveness: Evidence for Turkey vis-à-vis the EU/15 / U. Utkulu, D. Seymen // paper presented at the European Trade Study Group 6th Annual Conference, ETSG 2004, Nottingham, September 2004. – 26 p.
7. Ваврищук В. Торговая специализация Украины: о чем говорят выявленные сравнительные преимущества / В. Ваврищук // Эковест. – 2006. – Т. 5. – № 4. – С. 704-712.
8. EU trade since 1988 by HS2-HS4 (DS-016894) International trade detailed data http://ec.europa.eu/eurostat/data/database
9. Економічна статистика / Зовнішньоекономічна діяльність http://ukrstat.gov.ua/