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Original scientific paper

https://doi.org/10.5552/drind.2015.1432

Evaluating the Competitiveness of Wood Processing Industry

Andrea Sujová ; Faculty of Forestry and Wood Technology, Mendel University in Brno, Brno, Czech Republic
Petra Hlaváčková ; Faculty of Forestry and Wood Technology, Mendel University in Brno, Brno, Czech Republic
Katarína Marcineková ; Fakultet znanosti o drvu i drvne tehnologije, Tehničko sveučilište u Zvolenu, Zvolen, Slovačka


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Abstract

Wood processing industry (WPI) is a sector based on renewable natural resources of wood raw material. It can, therefore, provide sustainable growth and be competitive on the international markets. The interest of the European Union is to build economy based on renewable natural resources, meaning that it is necessary to pay increased attention to the development and support of the WPI. The aim of the article is to evaluate and compare the level and development of competitiveness of WPI in the Czech and Slovak Republics for a ten year period through the establishment of indicators based on foreign trade data of industry using mathematical and statistical methods. To reach the goal, a system of indicators measuring sectoral competitiveness was set up under the hypothesis: in the WPI the potential of competitiveness is used defi ciently. The resulting indicators have confirmed the hypothesis and shown that, despite the fact that the WPI creates active foreign trade balance and contributes to surplus balance of the country, it achieves low values of indicators implying comparative advantage with a negative, decreasing trend, consequently meaning that industry gradually loses its competitive ability. The analysis also showed that the reason for low competitive ability of WPI is low specialization of the country in the commodity group, which was confi rmed by statistical method of correlation analysis.

Keywords

competitiveness; Revealed Comparative Advantage; foreign trade balance; wood processing industry

Hrčak ID:

150799

URI

https://hrcak.srce.hr/150799

Publication date:

7.1.2016.

Article data in other languages: croatian

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