IDEAS home Printed from https://ideas.repec.org/a/vrs/ecothe/v55y2017i3p399-420n6.html
   My bibliography  Save this article

The Analysis of Agricultural Products Export Competitiveness of the Republic of Serbia Based on the RCA Index

Author

Listed:
  • Cvetković Milica

    (University of Niš, Faculty of Economics, Republic of Serbia)

  • Petrović-Ranđelović Marija

    (University of Niš, Faculty of Economics, Republic of Serbia)

Abstract

Agriculture of the Republic of Serbia is a significant economic branch, due to the specifics of production, tradition and because of the enormous potential that it holds for improving competitive performance and development of the national economy. For this reason, in all strategic documents agriculture is recognised as a vital branch for the development of the national economy, which can be achieved by an increase in productivity and greater foreign exchange, especially with the neighbouring countries. Bearing in mind that agricultural food products represent a very important part of foreign trade of the Republic of Serbia with the countries of the Western Balkans, the goal of the research is to point out the comparative advantages of the Republic of Serbia in the exchange of agricultural and food products with the countries in the region, by applying the Balassa index. The realisation of the principal objective of the research was carried out using the methods of comparative advantage, historical method, trends method, methods of analysis and synthesis. The results of research show that the Republic of Serbia has distinct comparative advantages in relation to the countries in the Western Balkans, with the exception of the Republic of Croatia. The key contribution of this paper lies in providing a clearer insight into the comparative advantages of the Republic of Serbia in foreign trade with the countries in the region, as well as pointing out the priority directions of activities of competent authorities in order to intensify. the agricultural export, especially high quality and products at a higher level of processing.

Suggested Citation

  • Cvetković Milica & Petrović-Ranđelović Marija, 2017. "The Analysis of Agricultural Products Export Competitiveness of the Republic of Serbia Based on the RCA Index," Economic Themes, Sciendo, vol. 55(3), pages 399-420, September.
    • Handle: RePEc:vrs:ecothe:v:55:y:2017:i:3:p:399-420:n:6
    DOI: 10.1515/ethemes-2017-0022
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/ethemes-2017-0022
    Download Restriction: no
    File URL: https://libkey.io/10.1515/ethemes-2017-0022?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Imre Fertö & L. J. Hubbard, 2003. "Revealed Comparative Advantage and Competitiveness in Hungarian Agri–Food Sectors," The World Economy, Wiley Blackwell, vol. 26(2), pages 247-259, February.
    2. Hanif, Muhammad N. & Jafri, Sabina K., 2006. "Financial Development and Textile Sector Competitiveness: A Case Study of Pakistan," MPRA Paper 10271, University Library of Munich, Germany.
    3. Siegfried Bender & Kui-Wai Li, 2002. "The Changing Trade and Revealed Comparative Advantages of Asian and Latin American Manufacture Exports," Working Papers 843, Economic Growth Center, Yale University.
    4. Yeats,Alexander James, 1997. "Does Mercosur's trade performance raise concerns about the effects of regional trade arrangements?," Policy Research Working Paper Series 1729, The World Bank.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sadaf Shahab & Muhammad Tariq Mahmood, 2013. "Comparative Advantage of Leather Industry in Pakistan with Selected Asian Economies," International Journal of Economics and Financial Issues, Econjournals, vol. 3(1), pages 133-139.
    2. Hiranya K. Nath & Binoy Goswami, 2018. "India’s comparative advantages in services trade," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 8(2), pages 323-342, August.
    3. Sarath Chandran, B.P., 2010. "Trade Compatibility Between India And Asean Countries," MPRA Paper 33138, University Library of Munich, Germany.
    4. Andrea Zaghini, 2006. "Commercial Specialisation in the Countries of Central-Eastern Europe," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 3, July.
    5. Beňo, Michal, 2021. "E-working: Country Versus Culture Dimension," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(2), June.
    6. Javeria Maryam & Ashok Mittal, 2019. "An empirical analysis of India’s trade in goods with BRICS," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 66(4), pages 399-421, December.
    7. Natalia Ishchukova & Luboš Smutka, 2013. "Revealed comparative advantage of Russian agricultural exports," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(4), pages 941-952.
    8. repec:zbw:hohpro:338 is not listed on IDEAS
    9. Lucian Cernat, 2001. "ASSESSING REGIONAL TRADE ARRANGEMENTS: ARE SOUTH–SOUTH RTAs MORE TRADE DIVERTING?," International Trade 0109001, University Library of Munich, Germany.
    10. John Romalis, 2007. "NAFTA's and CUSFTA's Impact on International Trade," The Review of Economics and Statistics, MIT Press, vol. 89(3), pages 416-435, August.
    11. Kumar, K. Nirmal Ravi & Mishra, S.N. & Raju, V.T., 2023. "Competitiveness of Indian Agricultural Commodities – Constant Market Share Analysis," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 0(Number 2), April.
    12. Bojnec, Stefan & Ferto, Imre, 2007. "Comparative Advantages In Agro-Food Trade Of Hungary, Croatia And Slovenia With The European Union," IAMO Discussion Papers 90870, Institute of Agricultural Development in Transition Economies (IAMO).
    13. Mr. Enzo Croce & Mr. V. Hugo Juan-Ramon & Mr. Feng Zhu, 2004. "Performance of Western Hemisphere Trading Blocs: A Cost-Corrected Gravity Approach," IMF Working Papers 2004/109, International Monetary Fund.
    14. Khadan, Jeetendra & Hosein, Roger, 2014. "Trade, Economic and Welfare impacts of the CARICOM-Canada Free Trade Agreement," MPRA Paper 54836, University Library of Munich, Germany.
    15. Salazar-Xirinachs, Jose M., 2002. "Proliferation of sub-Regional Trade Agreements in the Americas: an assessment of key analytical and policy issues," Journal of Asian Economics, Elsevier, vol. 13(2), pages 181-212.
    16. Stefanescu, Razvan & Dumitriu, Ramona, 2014. "Investigation on the relationship between Romanian foreign trade and industrial production," MPRA Paper 62547, University Library of Munich, Germany.
    17. Tamás Mizik, 2021. "Agri-Food Trade Competitiveness: A Review of the Literature," Sustainability, MDPI, vol. 13(20), pages 1-14, October.
    18. Gioacchino Pappalardo & Valeria Allegra & Marcella Bucca & Alfonso Silvio Zab?, 2013. "Gli scambi commerciali agroalimentari euromediterranei. Contributo allo sviluppo del "Processo di Barcellona: Unione per il Mediterraneo"," Economia agro-alimentare, FrancoAngeli Editore, vol. 15(1), pages 37-72.
    19. Richard E. Baldwin, 2011. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocks on the Path to Global Free Trade," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume I, chapter 2, Edward Elgar Publishing.
    20. 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.
    21. Lubos SMUTKA & Mansoor MAITAH & Miroslav SVATOS, 2018. "Changes in the Czech agrarian foreign trade competitiveness - different groups of partners' specifics," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 64(9), pages 399-411.

    More about this item

    Keywords

    comparative advantage; agriculture; RCA indicator; the Republic of Serbia; the Western Balkan countries;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:ecothe:v:55:y:2017:i:3:p:399-420:n:6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.