Evaluating the Competitiveness of Wood Processing Industry

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 th...

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Autores principales:	Andrea Sujová, Petra Hlaváčková, Katarína Marcineková
Formato:	article
Lenguaje:	EN
Publicado:	University of Zagreb, Faculty of Forestry and Wood Technology 2016
Materias:	competitiveness Revealed Comparative Advantage foreign trade balance wood processing industry Forestry SD1-669.5
Acceso en línea:	https://doaj.org/article/5cb6475f2ae1488eb5eb7674dc4df3e6
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spelling	oai:doaj.org-article:5cb6475f2ae1488eb5eb7674dc4df3e62021-12-02T04:12:17ZEvaluating the Competitiveness of Wood Processing Industry10.5552/drind.2015.14320012-67721847-1153https://doaj.org/article/5cb6475f2ae1488eb5eb7674dc4df3e62016-01-01T00:00:00Zhttp://hrcak.srce.hr/file/221868https://doaj.org/toc/0012-6772https://doaj.org/toc/1847-1153Wood 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.Andrea SujováPetra HlaváčkováKatarína MarcinekováUniversity of Zagreb, Faculty of Forestry and Wood TechnologyarticlecompetitivenessRevealed Comparative Advantageforeign trade balancewood processing industryForestrySD1-669.5ENDrvna Industrija, Vol 66, Iss 4, Pp 281-288 (2016)
institution	DOAJ
collection	DOAJ
language	EN
topic	competitiveness Revealed Comparative Advantage foreign trade balance wood processing industry Forestry SD1-669.5
spellingShingle	competitiveness Revealed Comparative Advantage foreign trade balance wood processing industry Forestry SD1-669.5 Andrea Sujová Petra Hlaváčková Katarína Marcineková Evaluating the Competitiveness of Wood Processing Industry
description	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.
format	article
author	Andrea Sujová Petra Hlaváčková Katarína Marcineková
author_facet	Andrea Sujová Petra Hlaváčková Katarína Marcineková
author_sort	Andrea Sujová
title	Evaluating the Competitiveness of Wood Processing Industry
title_short	Evaluating the Competitiveness of Wood Processing Industry
title_full	Evaluating the Competitiveness of Wood Processing Industry
title_fullStr	Evaluating the Competitiveness of Wood Processing Industry
title_full_unstemmed	Evaluating the Competitiveness of Wood Processing Industry
title_sort	evaluating the competitiveness of wood processing industry
publisher	University of Zagreb, Faculty of Forestry and Wood Technology
publishDate	2016
url	https://doaj.org/article/5cb6475f2ae1488eb5eb7674dc4df3e6
work_keys_str_mv	AT andreasujova evaluatingthecompetitivenessofwoodprocessingindustry AT petrahlavackova evaluatingthecompetitivenessofwoodprocessingindustry AT katarinamarcinekova evaluatingthecompetitivenessofwoodprocessingindustry
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Evaluating the Competitiveness of Wood Processing Industry

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