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...

Full description

Bibliographic Details
Main Authors: Nikolić Miroljub, Radovanović Olga, Cvetanović Slobodan, Despotović Danijela
Format: Article
Language:English
Published: Economics institute, Belgrade 2021-01-01
Series:Industrija
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2021/0350-03732102025N.pdf
_version_ 1818317633881112576
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
work_keys_str_mv AT nikolicmiroljub developmentofthetextileindustryinselectedtransitioncountriesofeuropein19952018
AT radovanovicolga developmentofthetextileindustryinselectedtransitioncountriesofeuropein19952018
AT cvetanovicslobodan developmentofthetextileindustryinselectedtransitioncountriesofeuropein19952018
AT despotovicdanijela developmentofthetextileindustryinselectedtransitioncountriesofeuropein19952018