Abstract
The paper analyzes the evolution of trade specialization in Romania and Bulgaria beginning with the mid-1990s–2012. Methodologically, two statistical methods are applied: cross-section analysis and the Markov chain technique. These methods are used both to establish a link between different distributions of trade specialization indicators in time and to find out if Romania and Bulgaria have mainly specialized in competitive or non-competitive products. Although the main acceding countries to European Union had registered an increasing degree of specialization, our results indicate an opposite trend for the two countries.
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Ban, I.M. Measuring trade specialization dynamics: the case of Romania and Bulgaria. Empirica 44, 229–248 (2017). https://doi.org/10.1007/s10663-016-9317-7
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DOI: https://doi.org/10.1007/s10663-016-9317-7