Smart Specialization in Croatia : Inputs from Trade, Innovation, and Productivity Analysis

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Front Cover; Contents; Acknowledgments; Abbreviations; Executive Summary; Chapter 1 Introduction; Background; Figures; Figure 1.1 Croatian GDP per Capita and Growth Rates; Aim and Structure of the Report; Note; Figure 1.2 Structure of the Report's Analysis; Bibliography; Chapter 2 Smart Specialization; Smart Specialization: The Main Concepts; Smart Specialization: Incomplete Information and the Political Economy of Lobbying; Figure 2.1 Access to Information, Risk Level, and Policy Making; Operationalizing Smart Specialization: Access to Information; Figure 2.2 RIS3-A Simplified Typology

Smart Specialization: ImplicationsTable 2.1 Examples of RIS3 Identification Stage; Figure 2.3 Examples of RIS3 Experimentation and Adaptation Stage; Tables; Promising Sectors for Smart Specialization; Notes; Bibliography; Chapter 3 Croatia's Trade: Performance, Competitiveness, and Potential; Chapter Summary; Export Growth; Figure 3.1 Export Openness and per Capita GDP, 2007-08 vs. 2011-12; Market Orientation and Export Diversification; Figure 3.2 Export Growth and Change in Market Share, 2006Q1-2013Q1; Figure 3.3 Export Market Distribution, Croatia, 2002 vs. 2012

Table 3.1 Export Market Share Growth Decomposition across Five Eastern European Countries, 2006Q1-2013Q1Figure 3.4 Market Concentration: Herfindahl-Hirschman Index, Croatia and Peer Countries, 2002 vs. 2012; Figure 3.5 Export Growth Orientation, Croatia's Top 10 Export Markets, 2007-12; Figure 3.6 Growth Orientation of Top 20 Export Sectors, Croatia, 2008-12; Table 3.2 Croatia's Exports, 2002-12; Exports' Economic Complexity, Sophistication, and Quality Upgrading; Figure 3.7 Intensive and Extensive Margin of Trade, Croatia

Figure 3.8 Economic Complexity of the Export Basket, Croatia vs. Peers, 2000-08Table 3.3 Croatia's Top Exports and Their Product Complexity Rank; Figure 3.9 Revealed Factor Intensity of Croatia's Exports, 2012; Figure 3.10 Relative Quality Elasticity, Croatia vs. Peers, 2012; Figure 3.11 Price vs. Quality Elasticity, Croatia vs. Peers, 2012; Figure 3.12 Change in Relative Quality and Market Share of Top Croatian Exports, 2000-10; Product-Space Analysis; Figure 3.13 Croatia's Product-Space Maps, 1992-2012; Identifying High-Potential Export Opportunities; Table 3.4 Number of Exports with RCA>1

Figure 3.14 Emerging Exports, 2012Table 3.5 Evolution of Export Significance; Table 3.6 Prominent Marginal Exports with High Density; "Low-Hanging Fruits" for Croatia Are Few and Far Between; Figure 3.15 Marginal Exports, 2012; Figure 3.16 Significant Exports, 2012; Figure 3.17 Declining Exports, 2012; Figure 3.18 Proximity of Croatian Exports to High Global Demand; Could Croatia Become a Bigger Player in GVCs?; Figure 3.19 Minimal Spanning Tree, Exports of Intermediates, 2010; Figure 3.20 Exports of Parts and Components, Croatia and Six Regional Peers; The Importance of Services Exports

Figure 3.21 Croatia vs. Peers, per Capita Services Exports vs. Income, 2002-04 vs. 2008-10

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