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- W2899311203 abstract "The purpose of the paper is to present and to explain the method and importance of measuring and determination of the comparative advantages of the national economies. The goal of the paper is to determine the priority service sectors of Republic of Croatia in which the strategy of smart specialization should be implemented, targeted on establishing the strong points and potentials on which the state should focus to create national comparative advantages. The indicator of the revealed comparative advantage (RCA indicator) shows that Republic of Croatia realizes positive values of RCA in all service sectors, and the strongest comparative advantages are in the sector of tourism and services related to travelling, which shows, along with the sector of transportation services, the largest percentage in service export. From the above mentioned it is clear that there is a significant correlation between the sectors with the revealed comparative advantages and its percentage in the structure of the export. Aggregated GL index shows that Republic of Croatia realizes the highest level of specialization in the intra-industrial exchange (exchange of the same services) in ICT sector, which is followed by the transportation services, other business services, and the recreational, cultural and sport services. Other service sectors have the features of the inter-industrial specialization. There is a correlation between the level of specialization and export importance of a particular service sector, since the sector of tourism and travel-related services realizes the largest percentage in the export of all services of Republic of Croatia. After the sector of tourism and travel-related services, the construction services are second on the list of value of indicators of the export competitiveness, followed by the ICT services and the services of transport. From the above mentioned, it can be concluded that the priority service sectors, to which Republic of Croatia should focus because of creation of the national comparative advantage, are the sector of tourism, travel-related sector, transportation sector and sector of ICT services." @default.
- W2899311203 created "2018-11-09" @default.
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- W2899311203 date "2017-07-01" @default.
- W2899311203 modified "2023-10-06" @default.
- W2899311203 title "DETERMINATION OF PRIORITY SERVICE SECTORS IN REPUBLIC OF CROATIA" @default.
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