Abstract
ABSTRACT • The aim of this paper is to analyse trade performance and competitiveness of the Slovak wood processing industry sectors and their comparison with the Visegrad group countries. The competitiveness is stud-ied for the products of primary wood processing, namely coniferous and non-coniferous sawnwood, wood based panels, wood pulp, paper and paperboard products. A set of trade performance and competitiveness indicators is used to analyse the position and changes in competitiveness of the respective countries in 2003-2012. In par-ticular, Trade Specialisation Index, Export/Import Ratio, Standard Grubel-Lloyd Index, Revealed Comparative Advantage and Vollrath’s Revealed Competitive Advantage Indexes were used to identify comparative advantages and trade specialisation for individual forest product categories and a specifi c country’s performance. Within the group of analysed countries, Slovakia has revealed comparative advantage in most of the products, in particular in the trade with coniferous sawnwood, non-coniferous sawnwood, wood based panels and paper and paperboard products. Results of the analysis also pointed out that intra-industry specialisation is increasing with the level of value added to products.
Highlights
IntroductionGlobalisation as the process of international integration is affecting all industries, including forest based industry
The results showed that Malaysia has the comparative advantage based on the performance of exporting wood and forest products to Europe
A positive value of the TSI indicates that Slovakia has a comparative advantage in the trade of coniferous and non-coniferous sawnwood as well as paper and paperboard products
Summary
Globalisation as the process of international integration is affecting all industries, including forest based industry. As there are new products with lower prices available on the market, new strategies and advantages are required to face international competitors. These, among other, include new business models, improvement of productivity, innovations and cooperation in terms of technology, outsourcing and supply chain. The process of globalisation has led to the gradual reduction in trade barriers, and competitiveness has become a key issue in international markets since it can be considered as the major source of export development. In case of environmentally sensitive markets, the competitiveness of forest products can be influenced by factors related to the origin of wood material from sustainable and renewable sources (Kaputa, 2013; Paluš and Kaputa, 2009)
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
