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1.
A comparative analysis of competitive trade in a cluster market of the European Union : the Revealed Comparative Advantage (RCA) Index
Edward O. Adigwe, 2022, izvirni znanstveni članek

Opis: This research is concerned with the comparative analysis of competitive trade within the cluster market economies of the European Union. The aim of this paper is to carry out trade analysis within the competing countries in the European market from 2009 to 2018 which represents the period after the global crisis of 2008 and prior to the Covid-19 pandemic of 2019 for the purpose of determining the extent of competitive trade within the European economies. The chosen metric is Béla Balassa’s Revealed Comparative Advantage (RCA) index used for determining various countries’ comparative advantage or disadvantage in trade. The findings show that the countries with RCA > 1 thrive economically in comparison to other competing lower economies. And the fact that the European Union economy thrives on mechanized trade other than agricultural products irrespective of the competitive market. This study is a significant contribution towards improving the Ricardian model of comparative advantage on trade within a cluster market in the European economies.
Ključne besede: competitiveness, revealed comparative advantage, international trade
Objavljeno v DKUM: 19.06.2023; Ogledov: 256; Prenosov: 5
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2.
Evaluating the impact of environmental factors on the international competitiveness of Small and Medium sized Enterprises in the Western Balkans
Goran Andzelic, Vladimir Dzakovic, Bojan Lalić, Danica Zrnic, Iztok Palčič, 2011, izvirni znanstveni članek

Opis: Small and Medium-sized Enterprises (SMEs) with an export potential face significant obstacles in gaining international competitiveness, due to the highly dynamic environment in which they operate. This study evaluates the impact of environmental factors on international competitiveness of the Western Balkans SMEs by identifying the key pairs of environmental factors and factors of international competitiveness, which facilitate an increase in international competitiveness of these firms. The paper also studies the importance of strategic planning and decision making process in the Western Balkans SMEs. Research is based on a questionnaire conducted on the representative sample of SMEs in Serbia, Montenegro and Bosnia and Herzegovina in the period September 2008 to March 2009. The findings of the research indicate which significant environmental factors have an impact on gaining the international competitiveness of the Western Balkans SMEs, therefore offering sound basis for strategic positioning and further gaining of competitive advantage.
Ključne besede: international competitiveness, small and medium enterprises, strategic positioning, environmental factors, Western Balkans
Objavljeno v DKUM: 01.06.2012; Ogledov: 2671; Prenosov: 38
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