Sources of export growth and development of manufacturing industry: empirical evidence from Croatia

Abstract

The article quantifies the sources of manufacturing export growth in Croatia. The research objectives are achieved by applying the constant market share method (C.M.S.) and input-output model. While the C.M.S. method quantifies the factors which explain trends in manufacturing exports, the input-output method quantifies the impacts of manufacturing exports on other domestic sectors. The obtained results show that after the E.U. accession export performance of the Croatian manufacturing industry have substantially improved. The results indicate that a gain in competitiveness in the Croatian manufacturing industry was the most important factor which determined the increasing share of national companies in a period from 2013 to 2015. Besides the manufacturing industry, export growth indirectly contributes to better performance of all domestic producers included in the value added chain of exporters. Indirect effects are the most pronounced for agriculture, trade, transport and business services.

Alternativni model izoliranja sektora u input-output sustavu: metodološki pristup i primjena na hrvatski IKT sektor

“…U recentnim empirijskim istraživanjima doma ih autora prevladava primjena klasi nog IO pristupa (Jur i , 2000;Gorjan, Lovrin evi i Mikuli , 2003;Botri , 2013). Najve i dio empirijskih istraživanja koristi kao metodološku osnovu samostalnu IO analizu (Buturac i Vizek, 2015;Lovrin evi , Buturac i Mikuli , 2015;Buturac, Lovrin evi i Mikuli , 2017;Ivandi i Šutalo, 2018;Buturac, Mikuli i Pali , 2019), dok se u novijim istraživanjima IO analiza kombinira s drugim metodama (Ke ek, Dušak i Žajdela Hrustek, 2015; Buturac, Lovrin evi i Mikuli , 2014). U ranijoj literaturi razvijena su dva glavna pristupa za analizu utjecaja pojedinog sektora na ostale sektore gospodarstva koji se temelje na IO tablicama, a pomo u kojih se može odrediti doprinos sektora ukupnom gospodarstvu.…”

Time-varying parameters approach to sustainability of international trade flows: the case of Croatia and Serbia compared

“…Mikuli c and Lovrin cevi c (2018) analysed import content across economic sectors in Croatia and reported the highest imported content in domestic final demand while pointing out low import dependence in Croatian industry. Buturac et al (2019) found export performance of the Croatian manufacturing industry substantially improved after accession of Croatia to EU. Therefore, the link between domestic demand for final goods and import demand might be stronger compared to a link between import demand and export supply in the cases of Croatia and Serbia.…”

Competitiveness of high-tech exports in the EU countries

“…International competitiveness in high-technology goods is particularly essential for small and open economies, as it not only gives them the opportunity to improve their place in the international division of labour, and thus achieve faster economic growth, but it can also create a sufficient buffer against unpredictable external price shocks of labour and capital-intensive goods (Falkowski 2018;Buturac et al, 2019). Despite this fact, the trade theories are mainly focused on the effects of technology disparities (Grossman & Helpman, 1995) and not in their causes (Wolfmayr-Schnitzer, 1998).…”