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The Dynamics Of Agri-Food Trade Patterns - The Hungarian Case

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  • Ferto, Imre
  • Hubbard, Lionel J.

Abstract

We analyse the evolving pattern of Hungary's agri-food trade using recently developed empirical procedures based on the classic Balassa index and its symmetric transformation. The extent of trade specialisation exhibits a declining trend; Hungary lost comparative advantage for a number of product groups over the 1990s. The indices of specialisation have also tended to converge. For particular product groups, the picture is mixed: indices are reasonably stable for product groups with comparative disadvantage, but those with weak to strong comparative advantage show significant variation. The results reinforce the finding of a general decrease in specialisation, but do not support the idea of self-reinforcing mechanisms, emphasised strongly in much of the endogenous growth and trade literature.

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File URL: http://purl.umn.edu/25851
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Paper provided by International Association of Agricultural Economists in its series 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa with number 25851.

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Date of creation: 2003
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Handle: RePEc:ags:iaae03:25851
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Keywords: international trade; revealed comparative advantage; Hungary; International Relations/Trade;

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Cited by:

  1. Abhijit Sharma & Michael Dietrich, 2005. "The Indian Economy Since Liberalisation: the Structure and Composition of Exports and Industrial Transformation (1980 – 2000)," International Trade 0510015, EconWPA.
  2. Waqar Akhtar & M. Sharif & Hassnain Shah, 2009. "Competitiveness of Pakistani Fruits in the World Market," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 14(2), pages 125-133, Jul-Dec.

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