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Intra-Industry Trade In Agri-Food Products Between Hungary And The Eu

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Author Info

  • Ferto, Imre
  • Hubbard, Lionel J.

Abstract

We present an analysis of the intra-industry nature of agri-food trade between Hungary and the European Union, following the Association Agreement signed in 1991. A slight growth in intra-industry trade is indicated by the Grubel-Lloyd index. However, it is not uniform by product group or EU member state or over time, reflecting different patterns of bilateral integration and an economic restructuring process that is far from complete. Marginal intra-industry trade appears to be low, but assumes greater significance when the index is broadened to include vertical as well as horizontal trade. Thus, growth in agri-food trade between Hungary and the EU over the period 1992-98 is shown to be dominated by vertical intra-industry trade and inter-industry trade. Adjustment costs due to partial trade liberalisation are likely therefore to have been relatively high.

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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2001 Annual meeting, August 5-8, Chicago, IL with number 20450.

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Date of creation: 2001
Date of revision:
Handle: RePEc:ags:aaea01:20450

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Keywords: Industrial Organization; International Relations/Trade;

References

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  1. Jarko Fidrmuc & Daniela Grozea-Helmenstein & Andreas Wörgötter, 1999. "East-west intra-industry trade dynamics," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 135(2), pages 332-346, June.
  2. Bashir A. Qasmi & Scott W. Fausti, 2001. "NAFTA intra-industry trade in agricultural food products," Agribusiness, John Wiley & Sons, Ltd., vol. 17(2), pages 255-271.
  3. Joaquín Oliveras & Inés Terra, 1997. "Marginal intra-industry trade index: The period and aggregation choice," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 133(1), pages 170-178, March.
  4. Henderson, Dennis R. & Sheldon, Ian M. & Pick, Daniel H., 1996. "International Commerce In Processed Foods: Patterns And Curiosities," Working Papers 51211, International Agricultural Trade Research Consortium.
  5. Lars Nilsson, 1997. "The measurement of intra-industry trade between unequal partners," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 133(3), pages 554-565, September.
  6. Jayant Menon & Peter Dixon, 1997. "Intra-industry versus inter-industry trade: Relevance for adjustment costs," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 133(1), pages 164-169, March.
  7. Jarko Fidrmuc, 2000. "Restructuring European union trade with central and eastern European countries," Atlantic Economic Journal, International Atlantic Economic Society, vol. 28(1), pages 83-92, March.
  8. David Greenaway & Johan Torstensson, 1997. "Back to the future: Taking stock on intra-industry trade," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 133(2), pages 249-269, 06.
  9. A.K.M. Azhar & R.J.R. Elliott & C.R. Milner,, . "Static and Dynamic Measurement of Intra-Industry Trade and Adjustment: A Geometric Reappraisal," Discussion Papers 97/13, University of Nottingham, CREDIT.
  10. Chonira Aturupane & Simeon Djankov & Bernard Hoekman, 1999. "Horizontal and vertical intra-industry trade between Eastern Europe and the European union," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 135(1), pages 62-81, March.
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Cited by:
  1. Ramanovich, Mikhail, 2010. "Zur Bestimmung der Wettbewerbsfähigkeit des weißrussischen Milchsektors: Aussagefähigkeit von Wettbewerbsindikatoren und Entwicklung eines kohärenten Messungskonzepts," Studies on the Agricultural and Food Sector in Central and Eastern Europe, Leib­niz Institute of Agricultural Development in Central and Eastern Europe (IAMO), volume 53, number 94739.
  2. Levkovych, Inna, 2011. "Der ukrainische Außenhandel mit Produkten der Agrar- und Ernährungswirtschaft: Eine quantitative Analyse aus Sicht traditioneller und neuer Außenhandelstheorien," Studies on the Agricultural and Food Sector in Central and Eastern Europe, Leib­niz Institute of Agricultural Development in Central and Eastern Europe (IAMO), volume 59, number 109520.
  3. Ferto, Imre, 2006. "Reconsidering Adjustment Costs of the Association Agreement. The Case of Hungarian Food Industry," 2006 Annual meeting, July 23-26, Long Beach, CA 21037, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  4. Frank Barry & Aoife Hannan & Elaine Hudson & Colm Kearney, 2002. "Competitiveness Implications for Ireland of EU Enlargement," Working Papers 200224, School Of Economics, University College Dublin.

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