Changing Product Structure and Comparative Advantage: The Case of Hungarian Agri-food Trade
Changing Product Structure and Comparative Advantage: The Case of Hungarian Agri-food Trade
Author(s): Lionel J. Hubbard, Attila JamborSubject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: comparative advantages; agri-food trade; EU accession
Summary/Abstract: EU accession has changed the agri-food trade of New Member States, including Hungary. The article focuses on analysing the changing structure and comparative advantage of Hungarian agri-food trade by product group and degree of processing. It aims to provide a clearer analysis of the effects of EU accession on Hungarian primary and processed agri-food trade by employing the latest data. Results confirm that revealed comparative advantages have weakened after accession and that the vast majority of products had a revealed comparative disadvantage after 2004. It is clear that accession has radically changed the survival time of agri-food trade, reasons for which are also identified.
Journal: Ekonomický časopis
- Issue Year: 61/2013
- Issue No: 08
- Page Range: 846-860
- Page Count: 15
- Language: English