SCIENTIFIC FUNDAMENTALS OF DIVERSIFICATION OF THE EXPORT OF GOODS OF THE REPUBLIC OF BELARUS
Abstract
The article proposes a method of identifying the most promising export product groups from the viewpoint of evaluation of their export profitability and the degree of technological proximity in relation to the goods in the trade of which the country has a comparative advantage. The article presents a methodology of placing the country to potential importing countries for Belarusian goods based on the determination of the country’s position on the level of its macro-economic development, the degree of country risk, and the level of development of foreign trade. The proposals for the commodity and geographic diversification of the Belarusian export are proposed.
About the Authors
A. Е. DAINEKA
Institute of Economics of the National Academy of Sciences of Belarus, Minsk
Belarus
Belarus
N. A. ABRAMCHUK
Institute of Economics of the National Academy of Sciences of Belarus, Minsk
Belarus
Belarus
D. V. BERASNEU
Institute of Economics of the National Academy of Sciences of Belarus, Minsk
Belarus
Belarus
References
1. Hausmann, R. Structural Transformation and Patterns of Comparative Advantage in the Product Space / R. Hausmann, B. Klinger // Center for International Development at Harvard University: Working Paper. – 2006. – N 128.
2. Hausmann, R. What your export matters / R. Hausmann, J. Hwang, D. Rodrik // J. of Economic Growth. – 2007. – Vol. 12(1). – P. 1–25.
3. Hausmann, R. The Structure of the Product Space and the Evolution of Comparative Advantage / R. Hausmann, B. Klinger // Center for International Development at Harvard University: Working Paper. – 2007. – N 146.
4. The Product Space Conditions the Development of Nations / R. Hausmann [et al.] // NBER Working Papers Series. – 2007. − N 317.
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