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Former Central European Free Trade Agreement countries’ agri-food trade specialisation

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Author Info

  • Bojnec, Stefan
  • Ferto, Imre

Abstract

The paper evaluates agri-food trade competitiveness and specialisation patterns of the former Central European Free Trade Agreement (CEFTA-7) countries compared with the European Union (EU-15) from 1995-2007. Agri-food trade specialisation stability and duration are investigated by main agri-food product groups according to the degree of product processing and dynamics in the demand growth exhibited by the EU-15 market. Except for Poland and Hungary, the former CEFTA-7 countries face a trade deficit in agri-food products with the EU-15 markets. The former CEFTA-7 agri-food exports to EU-15 markets are specialised towards higher-value, processed, consumer-ready food as a result of agri-food sector restructuring and integration to more competitive EU markets. The former CEFTA-7 agri-food export specialisation towards the EU-15 markets’ most demanded products is also revealed. The results confirm that EU integration increases size of trade, stability, and the duration of former CEFTA-7 agri-food trade products on EU-15 markets. Dieser Beitrag beschäftigt sich mit der Wettbewerbsfähigkeit im Handel mit Agrar- und Ernährungsgütern sowie mit Spezialisierungsmustern der früher im Mitteleuropäischen Freihandelsabkommen (CEFTA-7) zusammengeschlossenen Länder im Vergleich zur Europäischen Union (EU-15) für den Zeitraum 1995-2007. Stabilität und Dauer von Handelsspezialisierungen werden anhand von Hauptproduktgruppen entsprechend dem Verarbeitungsgrad und der Dynamik des Nachfrageanstiegs auf dem EU-15-Markt unter-sucht. Mit Ausnahme von Polen und Ungarn sind die ehemaligen CEFTA-7-Länder mit einem Handelsdefizit an Agrarprodukten auf den EU-15-Märkten konfrontiert. Die Agrarexporte der ehemaligen CEFTA-7-Länder können als höherwertige, verarbeitete, verbrauchsfertige Nahrungsmittel bezeichnet werden. Dies ist sicherlich das Ergebnis der Umstrukturierung und Integration in die wettbewerbsfähigeren EU-Märkte. Außerdem wird aufgezeigt, welches die auf den EU-15-Märkten am meisten nachgefragten Produkte sind und wie sich die CEFTA-7-Länder auf diese Agrarexporte spezialisiert haben. Die Ergebnisse bestätigen, dass die EU-Integration den Handelsumfang und die Stabilität der Agrarprodukte der ehemaligen CEFTA-7-Länder auf den EU-15-Märkten erhöht.

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File URL: http://purl.umn.edu/134888
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Bibliographic Info

Article provided by Humboldt-Universitaet zu Berlin, Department for Agricultural Economics in its journal German Journal of Agricultural Economics.

Volume (Year): 58 (2009)
Issue (Month): 8 ()
Pages:

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Handle: RePEc:ags:gjagec:134888

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Keywords: competitiveness; trade specialisation; Central and Eastern Europe; European Union; Wettbewerbsfähigkeit; Handelsspezialisierung; Mittel- und Osteuropa; Europäische Union; International Relations/Trade; Productivity Analysis;

References

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  1. Michele Alessandrini & Bassam Fattouh & Pasquale Scaramozzino, 2007. "The changing pattern of foreign trade specialization in Indian manufacturing," Oxford Review of Economic Policy, Oxford University Press, vol. 23(2), pages 270-291, Summer.
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  5. Andrea Zaghini, 2005. "Evolution of trade patterns in the new EU member states," Temi di discussione (Economic working papers) 568, Bank of Italy, Economic Research and International Relations Area.
  6. Nuno Crespo & Maria Paula Fontoura, 2007. "Integration of CEECs into EU Market: Structural Change and Convergence," Journal of Common Market Studies, Wiley Blackwell, vol. 45, pages 611-632, 09.
  7. Luca DE BENEDICTIS & Massimo TAMBERI, 2002. "A note on the Balassa Index of Revealed Comparative Advantage," Working Papers 158, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
  8. Imre Fertö, 2005. "Vertically Differentiated Trade and Differences in Factor Endowment: The Case of Agri-Food Products between Hungary and the EU," Journal of Agricultural Economics, Wiley Blackwell, vol. 56(1), pages 117-134.
  9. Bent Dalum & Keld Laursen & Gert Villumsen, 1998. "Structural Change in OECD Export Specialisation Patterns: de-specialisation and 'stickiness'," International Review of Applied Economics, Taylor & Francis Journals, vol. 12(3), pages 423-443.
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