CHANGES IN THE FOREIGN TRADE OF ROMANIAN REGIONS – A SHIFT-SHARE ANALYSIS

Abstract

The paper aims to assess the evolution of exports (overall and by sectors) in the regions of Romania. Considering the fact that the export base of a region acts more as an absolute advantage for the regional development, we use shift-share analysis tools to investigate the extent of the interregional trends and disparities in exports. The results reveal a diverse sectoral milieu and a trend towards higher diversification, better use of regional resources and technological upgrading, also providing useful insights for the general and specifically-targeted policy areas concerning regional development and business environment.

Keywords

• Romanian regions
• shift-share analysis
• regional foreign trade analysis
• regional competitiveness