Agricultural and Food Competitiveness in Transition Central and Eastern European Countries: Social Profit Rate and Domestic Resource Cost Approaches
Agricultural and food products in Central and Eastern European countries (CEECs) in transition to a market economy experienced improvements in international competitiveness in crops (wheat and sunflower) and higher value-added processed products. Less improvement in competitiveness is for animal products. The international competitiveness is in to some extent maintained by lower factor prices, which are likely to increase by increase in shadow prices of land and labour. Product quality, technology and efficiency improvements and rationalisation of costs, particularly in animal production and food processing are areas for improvements of international competitiveness in CEECs agriculture and the food sector.
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- Hughes, Gordon & Hare, Paul G, 1992.
"Industrial Policy and Restructuring in Eastern Europe,"
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