THE IMPACT OF COMPETITIVENESS ON EXPORT PERFORMANCE OF THE REPUBLIC OF MACEDONIA
| Autor: | MADZOVA, Violeta |
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| Jazyk: | angličtina |
| Rok vydání: | 2018 |
| Předmět: | |
| Zdroj: | Volume: 1, Issue: 1 23-45 InTraders International Trade Academic Journal |
| ISSN: | 2667-4408 |
| Popis: | Thebenefits of the increased competitiveness are discussed in the context of thesuperior national productivity, achieving higher GDP growth, but as well higherexport with positive implications on the trade and current account balance. The Republic of Macedonia, as a small an openeconomy, continuously works on improving its national competitiveness, which in parallel with the aspirationtowards the EU accession process, became its strategicinterest too. Althoughin the recent decade, there is a trend of improved competitiveness in Republicof Macedonia, the progress is much slower than in other EU countries withlimited impact on its export performance. Therefore,the aim of this paper is to analyze if the competitiveness made an impact on differentaspect of export performance such as: export growth, export market size growth,as well as trade and current account balance. Usingthe trend and regression analysis, for the period 2005-2015, this paperpresents that there is still positive correlation between competitiveness andthe exports of goods and services but close to the critical level of t-value(2,25) and the statistical significance of 95%.However the exports growth and other export performance indicatorsshow some discrepancies from the basicfindings, which are in details presentedin the paper. |
| Databáze: | OpenAIRE |
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