Development of the textile industry in selected transition countries of Europe in 1995-2018
The paper examines the development of the textile industry in nine selected European countries in transition (Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, North Macedonia, Romania, Serbia and Slovenia) in the period from 1995 to 2018. The aim is to review the basic trends...
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Format: | Article |
Language: | English |
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Economics institute, Belgrade
2021-01-01
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Series: | Industrija |
Subjects: | |
Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2021/0350-03732102025N.pdf |
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author | Nikolić Miroljub Radovanović Olga Cvetanović Slobodan Despotović Danijela |
author_facet | Nikolić Miroljub Radovanović Olga Cvetanović Slobodan Despotović Danijela |
author_sort | Nikolić Miroljub |
collection | DOAJ |
description | The paper examines the development of the textile industry in nine selected European countries in transition (Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, North Macedonia, Romania, Serbia and Slovenia) in the period from 1995 to 2018. The aim is to review the basic trends in the development of the textile industry in these countries by achieving the transition to a market model of business with varying degrees of success, which, among other things, is accompanied by a strong wave of deindustrialization. The interdependence of Textiles and clothing industry value added in manufacturing and GDP pc levels in individual countries was calculated by the exponential correlation procedure. It was stated that these countries based their development in the transition period largely on strengthening trade competitiveness, with the textile industry (Textile fibers, yarn, fabrics and clothing) contributing to a significant export expansion. It turned out that the contribution of the textile industry to the economic growth of the analyzed economies was higher in the earlier stages of their economic development. Also, the results of the research confirmed that the textile industry in these countries has maximized its export potential at lower levels of their GDP pc. |
first_indexed | 2024-12-13T09:40:26Z |
format | Article |
id | doaj.art-57fb12c2f3d849ef87b08c4f09a21d64 |
institution | Directory Open Access Journal |
issn | 0350-0373 2334-8526 |
language | English |
last_indexed | 2024-12-13T09:40:26Z |
publishDate | 2021-01-01 |
publisher | Economics institute, Belgrade |
record_format | Article |
series | Industrija |
spelling | doaj.art-57fb12c2f3d849ef87b08c4f09a21d642022-12-21T23:52:13ZengEconomics institute, BelgradeIndustrija0350-03732334-85262021-01-01492254210.5937/industrija49-311420350-03732102025NDevelopment of the textile industry in selected transition countries of Europe in 1995-2018Nikolić Miroljub0Radovanović Olga1Cvetanović Slobodan2https://orcid.org/0000-0001-9589-979XDespotović Danijela3https://orcid.org/0000-0002-2610-8605Academy of Technical and Art Applied Studies, SerbiaUniversity of Belgrade, Faculty of Organizational Sciences, SerbiaUniversity of Niš, Faculty of Economics, SerbiaUniversity of Kragujevac, Faculty of Economics, SerbiaThe paper examines the development of the textile industry in nine selected European countries in transition (Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, North Macedonia, Romania, Serbia and Slovenia) in the period from 1995 to 2018. The aim is to review the basic trends in the development of the textile industry in these countries by achieving the transition to a market model of business with varying degrees of success, which, among other things, is accompanied by a strong wave of deindustrialization. The interdependence of Textiles and clothing industry value added in manufacturing and GDP pc levels in individual countries was calculated by the exponential correlation procedure. It was stated that these countries based their development in the transition period largely on strengthening trade competitiveness, with the textile industry (Textile fibers, yarn, fabrics and clothing) contributing to a significant export expansion. It turned out that the contribution of the textile industry to the economic growth of the analyzed economies was higher in the earlier stages of their economic development. Also, the results of the research confirmed that the textile industry in these countries has maximized its export potential at lower levels of their GDP pc.https://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2021/0350-03732102025N.pdftextile industrydevelopmentcompetitivenesscountries in transition |
spellingShingle | Nikolić Miroljub Radovanović Olga Cvetanović Slobodan Despotović Danijela Development of the textile industry in selected transition countries of Europe in 1995-2018 Industrija textile industry development competitiveness countries in transition |
title | Development of the textile industry in selected transition countries of Europe in 1995-2018 |
title_full | Development of the textile industry in selected transition countries of Europe in 1995-2018 |
title_fullStr | Development of the textile industry in selected transition countries of Europe in 1995-2018 |
title_full_unstemmed | Development of the textile industry in selected transition countries of Europe in 1995-2018 |
title_short | Development of the textile industry in selected transition countries of Europe in 1995-2018 |
title_sort | development of the textile industry in selected transition countries of europe in 1995 2018 |
topic | textile industry development competitiveness countries in transition |
url | https://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2021/0350-03732102025N.pdf |
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