Analysis of the competitiveness of the export of industrial goods (production) of Georgia (საქართველოს სამრეწველო საქონლის (ნაწარმი) ექსპორტის კონკურენტუნარიანობის ანალიზი)
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Date
2022
Journal Title
Journal ISSN
Volume Title
Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
Since regaining its independence, Georgia has been following the principles of liberal policy and is striving
to expand the area of foreign trade relations. In this aspect, it is crucial to identify the sectors of the economy
that have the potential to gain international competitiveness. In addition, researchers often point to the
importance of the development of high value-added, technology-intensive industries for the development of
the country's economic well-being. The paper provides the ranking of the industrial commodity groups of
Georgia according to their competitiveness. The list of the industrial goods (production) is classified according
to the RCA index and technological parameters. In particular, products based on natural resources, low,
medium and high technologies are grouped based on technological capabilities, while the commodity positions
being under threat, developing and weakly positioned are grouped according to their competitiveness.
Description
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Keywords
Manufactured goods, export, competitiveness, comparative advantage
Citation
VII International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2022, pp. 391-408