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JOURNAL OF APPLIED BUSINESS AND ECONOMICS
The Effect of the Internationalization of the Markets in the European Union Through the Added Value
Author(s): Carmen Elena Stoenoiu, Ciprian Cristea, Florica Mioara Serban
Citation: Carmen Elena Stoenoiu, Ciprian Cristea, Florica Mioara Serban, (2021) "The Effect of the Internationalization of the Markets in the European Union Through the Added Value," Journal of Applied Business and Economics, Vol. 23, Iss.2, pp. 96-107
Article Type: Research paper
Publisher: North American Business Press
Abstract:
In this study, an analysis was made of added value from each EU27 economy as a result of the internationalization of the markets, starting from the activity fields in the economy that contribute to obtaining the added value. Thus, a ranking of the countries according to the size of the added value was obtained, an analysis of the changes in activity level in 2017 compared to 2010 and a comparative analysis of the value-added structure between the EU27 and Romania. Finally, a classification of the countries was obtained according to the added value generated by each person employed, at the level of 2017 and it was observed that this indicator shows us the efficiency with which each country manages to value the processes and activities, so that the difference between what produce and what it consumes be high as possible.
