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A View Of Structural Evolutions Of The Romanian Agri-Food Trade And Its Competitiveness In The Last Two Decades

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  • Camelia GAVRILESCU

    (Institute of Agricultural Economics, Romanian Academy, Bucharest)

Abstract

In the post-accession period, the Romanian agri-food trade expanded significantly, both in terms of value and volume of exports and imports. The Romanian agri-food trade registered a permanent deficit in the last three decades (with a short exception, in the period 2013–2014). The deficit was increased by the negative trade balance with the EU countries, but since 2010, the deficit has been partially offset by the commercial surplus with the extra-EU countries. The present paper analyses the evolution of the agri-food trade balance for the main product groups, and the results highlight those product groups that have been the main contributors to the deficit and have remained the main import goods (fruits, vegetables, milk and dairy products) over time, those goods in which trade balances vary from negative to positive depending on the economic situation (poultry, eggs), as well as those with a permanent positive balance (cereals, oilseeds). The competitiveness of the agri- food trade is assessed using two indices: Balassa index (Revealed Comparative Advantage) and Grubel-Lloyd index (GLI).

Suggested Citation

  • Camelia GAVRILESCU, 2022. "A View Of Structural Evolutions Of The Romanian Agri-Food Trade And Its Competitiveness In The Last Two Decades," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 19(2), pages 165-181.
    • Handle: RePEc:iag:reviea:v:19:y:2022:i:2:p:165-181
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    References listed on IDEAS

    as
    1. Gheorghe ZAMAN & Valentina Vasile, 2012. "Comparative Advantage Metrics Of Romania’S Exports In The Period 2007-2010," Romanian Journal of Economics, Institute of National Economy, vol. 34(1(43)), pages 5-23, June.
    2. Run Yu & Junning Cai & PingSun Leung, 2009. "The normalized revealed comparative advantage index," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 43(1), pages 267-282, March.
    3. Rusali, Mirela & Gavrilescu, Camelia, 2008. "Competitive Advantages and Disadvantages in Romania’s Agri-Food Trade -Trends and Challenges," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44118, European Association of Agricultural Economists.
    4. Keld Laursen, 1998. "Revealed Comparative Advantage and the Alternatives as Measures of International Specialisation," DRUID Working Papers 98-30, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    5. Thomas Vollrath, 1991. "A theoretical evaluation of alternative trade intensity measures of revealed comparative advantage," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(2), pages 265-280, June.
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    More about this item

    Keywords

    agri-food trade; Romania; trade balances; RCA index; GL index;
    All these keywords.

    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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