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Agrarian foreign trade of the Czech Republic in the period of 2004-2008, competitiveness of commodities

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  • Jaroslava Burianová

    (Katedra ekonomických teorií, Česká zemědělská univerzita v Praze, Kamýcká 129, 165 21 Praha 6-Suchdol, Česká republika)

Abstract

The paper deals with agrarian foreign trade (AFT) of the Czech Republic during the period of 2004-2008. Distinct changes in the trade volume, but also changes in the net export structure were observed. The export is being assisted with a much larger trading area without customs restrictions but it is also exposed to a much tougher competition. A methodology that makes it possible to evaluate the competitiveness of individual commodities is described in the first part. A sequence of individual items from a total list of basic food goods was analyzed using chosen indicators - Balass indicator RCA (Revealed Comparative Advantage) as well as the Michaely index MI that shows a specific degree of specialization for export. In the Results section, attention is firstly focused on the year 2004. The values of export and import for 24 items of basic food commodities are summarised, and the most important items in respect of the share in total export are selected. Analogical output was acquired for the year 2008. The values of RCA and MI indicators are then itemised, and a sequence is determined for the highest values for the commodities able to compete that shows the specific degree of specialization for export.

Suggested Citation

  • Jaroslava Burianová, 2011. "Agrarian foreign trade of the Czech Republic in the period of 2004-2008, competitiveness of commodities," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 59(4), pages 37-42.
    • Handle: RePEc:mup:actaun:actaun_2011059040037
    DOI: 10.11118/actaun201159040037
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    References listed on IDEAS

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    1. Michaely, Michael, 1977. "Exports and growth : An empirical investigation," Journal of Development Economics, Elsevier, vol. 4(1), pages 49-53, February.
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    Cited by:

    1. Luboš Smutka & Mansoor Maitah & Miroslav Svatoš, 2019. "The Czech Agrarian Trade Comparative Advantages Distribution Based on Value and Volume Approach," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 67(6), pages 1613-1625.

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