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Prevalence of key developments in trade of agro-food in the new member states of the European Union

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  • Bojnec, Stefan
  • Majkovic, Darja
  • Turk, Jernej

Abstract

The ten new member states (NMS- 10) of the European Union (EU) have contributed to an enhancement in agro- food trade among cur rent EU- 25 members. Intra- industry trade (IIT) represents only minor part of NMS- 10 trade in agro- food products. Their trade in agro- food products is specialised to different countries in terms of economic distance, factor endowments and/or degree of competitiveness of their agro- food sectors. The borderless EU markets are likely to influence the increase of IIT with implications for the EU trade policy, since more than one- third of agro- food trade in the current EU- 25 members is represented by NMS- 10.

Suggested Citation

  • Bojnec, Stefan & Majkovic, Darja & Turk, Jernej, 2006. "Prevalence of key developments in trade of agro-food in the new member states of the European Union," 98th Seminar, June 29-July 2, 2006, Chania, Crete, Greece 10052, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaae98:10052
    DOI: 10.22004/ag.econ.10052
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    References listed on IDEAS

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    Cited by:

    1. Darja Majkovic & Stefan Bojnec & Jernej Turk, 2007. "Development of New Members' EU Trade: Evidence from the Slovenian Agri-Food Sector," Post-Communist Economies, Taylor & Francis Journals, vol. 19(2), pages 209-223.

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