COMPARATIVE ADVANTAGES OF INTERNATIONAL TRADE: THE BILATERAL OPPORTUNITIES PORTUGAL – LATVIA, PORTUGAL – POLAND AND PORTUGAL – UKRAINE

Authors

DOI:

https://doi.org/10.35774/jee2021.01.093

Keywords:

Сomparative advantages, Feitoria Model, index of complementarity, index of commerce effectiveness, international trade.

Abstract

The paper aims to estimate which sector is under-exploited in terms of the trade between Portugal and three other European countries: Latvia, Poland and Ukraine. The Feitoria Model identifies underexploited sector/products for the selected markets in order to increase their exportations. The Feitoria Model is based on the comparative advantage concept of Ricardo with the incorporation of economic, political and competitiveness dimensions. The methodology presented in the study is configured comparing the potential trade indicators to effectively verified ones among the countries and uses a trade database of 2014–2018 period extracted from the United Nations Comtrade free database (UN Comtrade – International Trade Statistics Database).

JEL: F10, F11, F17.

Author Biographies

José Manuel M. BOTELHO, University of Evora

PhD

Iveta MIETULE, Rezekne Academy of Technologies

Dr.oec., Professor, Faculty of Economics and Management

Serhii HUSHKO, State University of Economics and Technology

Dr.oec., Professor

Volodymyr KULISHOV, State University of Economics and Technology

Dr.oec., Professor, Department of International Economics,

Irina MAKSYMOVA, State University of Economics and Technology

PhD, Associate Professor, Department of International Economics

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Received: November 30, 2020.

Revised: December 8, 2020.

Accepted: January 5, 2021

Published

30.03.2021

How to Cite

BOTELHO, José Manuel M., et al. “COMPARATIVE ADVANTAGES OF INTERNATIONAL TRADE: THE BILATERAL OPPORTUNITIES PORTUGAL – LATVIA, PORTUGAL – POLAND AND PORTUGAL – UKRAINE”. Journal of European Economy, vol. 20, no. 1, Mar. 2021, pp. 93-126, doi:10.35774/jee2021.01.093.

Issue

Section

GLOBALIZATION AND REGIONALIZATION