Revealed comparative advantage and competitiveness in Romanian Textile and Clothing Industry/Avantaj comparativ aparent si competitivitate în industria de textile si de confectii din România

• Published in: Industria textilă (Bucharest, Romania : 1994) Vol. 67; no. 5; p. 338
• Main Authors: Tripa, Simona, Cuc, Sunhilde, Oana, Ioan
• Format: Journal Article
• Language: English
• Published: Bucharest The National Research & Development Institute for Textiles and Leather - INCDTP 01.09.2016
• Subjects: Clothing industry; Comparative advantage; Competition; Competitive advantage; Competitive business; Employees; Exports; Global economy; Global marketing; Indicators; International trade; Manufacturing; Specialization; Studies; Textile industry; Textiles; Romania
• ISSN: 1222-5347

This paper investigates the competitiveness of Romanian textile and clothing Industry in relation to that of the Global Market employing three indices of revealed comparative advantage for the period 1990 to 2014. All indices underline the fact that Romania had a comparative advantage and competitiveness of the clothing products growing up till in 2003 and declining steadily after this year. According to RCA Balasa since 2003 the textile products have a competitive advantage. The use of the other two indicators leads to other conclusions: textile products have comparative disadvantage during the entire analysed period. RCA indices, despite their limitations, provide a useful guide to underlying comparative advantage and offer a further insight into the competitiveness of Romanian textile and clothing industries and the implications for trade in the global economy.