Hungarian and Slovenian Agro-Food Trade with Three Main European Union Partners
Hungarian and Slovenian Agro-Food Trade with Three Main European Union Partners
Author(s): Imre Fertő, Štefan BojnecSubject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: revealed comparative advantage; competition; agro-food trade
Summary/Abstract: The paper investigates revealed comparative advantages and competitiveness of Hungarian and Slovenian agro-food trade in the three main European Union markets between 1993 and 2003. The Balassa index indicates that both countries have lost comparative advantage for a number of product groups over time. Results show that in Hungarian two-way agro-food trade the prevalence is on successful price competition and on successful quality competition. In Slovenian two-way agro-food trade the prevalence is on unsuccessful price competition and unsuccessful quality competition. The tests for consistency associations be-tween revealed comparative advantages and competitiveness measures confirm similarities and differences in the results
Journal: Ekonomický časopis
- Issue Year: 55/2007
- Issue No: 04
- Page Range: 345-358
- Page Count: 14
- Language: English