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Complementarities of trade advantage and trade competitiveness measures

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  • Štefan Bojnec
  • Imre Fertő

Abstract

The complementarities of trade advantage and trade competitiveness measures for agro food trade of five Central European (CE-5) countries with the European Union are analysed. The stability and duration of the trade measures over time is investigated by the survival analysis using the nonparametric Kaplan--Meier product limit estimator, and the consistency test between the trade measures is conducted by the stratified Cox proportional hazard model. The CE-5 countries experienced a greater number of products with relative trade disadvantages and greater significance of one way imports. Unlike the Czech Republic, Poland, Slovakia and Slovenia, Hungary experienced Relative Trade Advantages (RTAs) for bulk raw commodities, processed intermediates and horticulture, with the greatest significance of successful quality competition and one-way exports, and the lowest significance of unsuccessful price and unsuccessful quality competition. The duration of RTAs is longer than the duration for the successful trade competition categories. Our results confirm that the RTA is consistent with the one way export and the successful price and successful quality competition categories in two way trade on one side, and the relative trade disadvantage with the one way import and the unsuccessful price and unsuccessful quality competition on the other.

Suggested Citation

  • Štefan Bojnec & Imre Fertő, 2012. "Complementarities of trade advantage and trade competitiveness measures," Applied Economics, Taylor & Francis Journals, vol. 44(4), pages 399-408, February.
  • Handle: RePEc:taf:applec:44:y:2012:i:4:p:399-408
    DOI: 10.1080/00036846.2010.508725
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    References listed on IDEAS

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    1. Jeroen Hinloopen & Charles van Marrewijk, 2004. "Dynamics of Chinese Comparative Advantage," Tinbergen Institute Discussion Papers 04-034/2, Tinbergen Institute.
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    Cited by:

    1. Miklós VÁSÁRY, 2013. "Foreign trade trends in the Hungarian-Romanian turnover of agricultural products," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4, pages 81-103, June.
    2. Jambor, Attila, 2013. "Comparative Advantages and Specialisation of the Visegrad Countries Agri-Food Trade," Acta Oeconomica et Informatica, Faculty of Economics and Management, Slovak Agricultural University in Nitra (FEM SPU);Association of Agricultural Economists in Slovakia (APES), vol. 16(1).
    3. Carraresi, Laura & Banterle, Alessandro, 2015. "Agri-food Competitive Performance in EU Countries: A Fifteen-Year Retrospective," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IFAMA), vol. 18(2).
    4. Silgoner, Maria & Steiner, Katharina & Wörz, Julia & Schitter, Christian, 2015. "Fishing in the same pool: Export strengths and competitiveness of China and Central, Eastern and Southeastern Europe at the EU-15 market," China Economic Review, Elsevier, vol. 32(C), pages 68-83.
    5. Sarker, Rakhal & Ratnesena, Shashini, 2014. "Revealed Comparative Advantage and Half-A-Century Competitiveness of Canadian Agriculture: A Case Study of Wheat, Beef and Pork Sectors," Working Papers 165675, Canadian Agricultural Trade Policy Research Network.
    6. Csaki, Csaba & Jambor, Attila, 2015. "10 Years of EU Membership: The case of the NMS agri-food sector," 2015 Conference, August 9-14, 2015, Milan, Italy 211552, International Association of Agricultural Economists.
    7. Jovanović, Miomir & Kašćelan, Ljiljana & Joksimović, Miljan & Despotović, Aleksandra, 2015. "Comparative Analisys Of Agro-Food Trade In Montenegro And Eu Candidate Countries," Economics of Agriculture, Institute of Agricultural Economics, vol. 62(1).

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