COMPETITIVENESS AND ECONOMIC DEVELOPMENT SCENARIOS OF LATVIA

IF 2.1 Q4 Economics, Econometrics and Finance
Astra Auzina-Emsina, V. Ozolina, R. Pocs
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引用次数: 2

Abstract

The paper deals with the analysis of exports and competitiveness in Latvia in comparison with Estonia and Lithuania. The objective of the study is to elaborate the possible sectoral development scenarios based on the competitiveness analysis results. The main focus is on exports of goods and revealed comparative advantage (RCA) of exported products as compared to the EU exports. Scenarios are elaborated to model economic development by industries using Latvian Model of Development (LMD), which is a macro-econometric model. Results argue that the economic development is higher, if the competitiveness ensures both higher export growth and import substitution. RCA is an appropriate method to apply in competitiveness studies and the research findings can be used in economic policy and analysis.
拉脱维亚的竞争力和经济发展前景
本文分析了拉脱维亚与爱沙尼亚和立陶宛的出口和竞争力。本研究的目的是根据竞争力分析结果,阐述可能的部门发展情景。主要关注的是货物出口和出口产品与欧盟出口相比的显示比较优势(RCA)。使用拉脱维亚发展模型(LMD),这是一种宏观计量经济模型,详细阐述了通过行业模拟经济发展的情景。结果表明,当竞争力同时保证较高的出口增长和进口替代时,经济发展会更高。RCA是一种适用于竞争力研究的方法,研究结果可用于经济政策和分析。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
0.30
自引率
0.00%
发文量
0
审稿时长
12 weeks
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