EXPORT COMPETITIVENESS OF BOSNIA AND HERZEGOVINA Cover Image

IZVOZNA KONKURENTNOST BOSNE I HERCEGOVINE
EXPORT COMPETITIVENESS OF BOSNIA AND HERZEGOVINA

Author(s): Snježana Brkić, Muamer Halilbašić, Vedrana Bosić
Subject(s): National Economy, Business Economy / Management, Economic history, Economic policy, International relations/trade, Transformation Period (1990 - 2010), Present Times (2010 - today)
Published by: Ekonomski fakultet u Sarajevu
Keywords: export competitiveness; export structure; export concentration; export specialization; Bosnia and Herzegovina (BiH);

Summary/Abstract: The paper aims to assess export competitiveness of Bosnia and Herzegovina in its merchandise exchange with the world in the period 2006-2013. The research analyzes different aspects of the country’s export competitiveness – the scope and dynamics of the export flows, the geographical, product and technological export structure, export concentration, export specialization, intensity and tendencies in changes of the export structure. Various export competitiveness indices were employed in the analysis - such as Balassa index of revealed comparative advantages, Michaely index, Herfindahl-Hirschmann index of geographical and product concentration, Lorenz curve, etc. The analysis of a larger number of aspects, which employs more indicators than previous works on competitiveness that take Bosnia and Herzegovina as a case study, enables to obtain a more reliable and complete assessment of the country's export performance. In general, the research findings indicate that the export competitiveness of Bosnia and Herzegovina needs to be significantly improved in many of its aspects. While some improvement has been noted with regard to the scope and trends of exports as well as the number of different export products, the export remains highly dependent upon a limited number of markets and products. In addition, it is dominated by the products of low-technology industries. The stagnant comparative advantages pattern was observed, mostly in products of traditional industries which departed from the demand trends in the main export markets over the examined period.

  • Issue Year: 2015
  • Issue No: 34
  • Page Range: 50-72
  • Page Count: 23
  • Language: Bosnian