THE INTERNATIONAL COMPETITIVENESS OF THE PHARMACEUTICAL INDUSTRY WITHIN 21 OECD COUNTRIES

Authors

  • Tomislav Galović University of Rijeka Faculty of Economics Ivana Filipovića 4 51000 Rijeka

Abstract

This research consists of the results of 21 pharmaceutical OECD industries in the period between 2004 and 2009. The main objective of paper is to measure international trade and competitiveness of pharmaceutical industry within observed OECD countries. The methodology in the paper is based on the application of various indicators which include intra-industry trade, trade balance, import penetration indicator, composition of manufacturing exports and other relevant indicators The main research results include facts in the measuring international trade and competitiveness, estimation of the position of the pharmaceuticals of the observed OECD countries, especially on external market, and recommendations and proposals for reaching a higher level of international competitiveness.

Keywords: international competitiveness, international trade, OECD countries, pharmaceutical industry

 

Author Biography

Tomislav Galović, University of Rijeka Faculty of Economics Ivana Filipovića 4 51000 Rijeka

Department of International Economics

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Published

2015-07-01

How to Cite

Galović, T. (2015). THE INTERNATIONAL COMPETITIVENESS OF THE PHARMACEUTICAL INDUSTRY WITHIN 21 OECD COUNTRIES. Ekonomski vjesnik/Econviews - Review of Contemporary Business, Entrepreneurship and Economic Issues, 28(1), 225–241. Retrieved from https://hrcak.srce.hr/ojs/index.php/ekonomski-vjesnik/article/view/2942

Issue

Vol. 28 No. 1 (2015)

Section

REVIEW ARTICLE

License

Upon acceptance of an article for publication in Ekonomski Vjesnik / Econviews – Review of Contemporary Entrepreneurship, Business, and Economic Issues, contributing authors automatically waive their copyright in favour of the journal. The journal reserves copyright of all papers published in it.