IDEAS home Printed from https://ideas.repec.org/p/ags/iaae18/277195.html
   My bibliography  Save this paper

Competitiveness in the trade of spices: A global evidence

Author

Listed:
  • Jambor, A.
  • Toth, A.T.
  • Koroshegyi, D.

Abstract

Comparative advantage is an important indicator in the analysis of international trade flow, however, in empirical studies on agriculture it is often neglected. In this article we aim to analyse comparative advantage in global spices trade and to test stability of trade indices as well as to identify the determinants behind different country performances. Our paper draws global spices trade data from the period 1991 to 2015. Results suggest that global spice trade is pretty much concentrated with Guatemala, Sri Lanka and India obtaining the highest comparative advantages in 1991-2015. However, duration and stability tests indicate that trade advantages have weakened for the majority of the countries concerned. Our model runs show that factor endowments, agricultural value added and regional trade agreements are negatively, while land as well as labour productivity are positively related to comparative advantages in global spices trade. Acknowledgement : This paper was supported by the National Research, Development and Innovation Office Grant No. 119669 titled Competitiveness of Agriculture in International Trade: A Global Perspective as well as the UNKP-17-4-III-BCE-7 New National Excellence Program of the Ministry of Human Capacities of Hungary.

Suggested Citation

  • Jambor, A. & Toth, A.T. & Koroshegyi, D., 2018. "Competitiveness in the trade of spices: A global evidence," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277195, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaae18:277195
    DOI: 10.22004/ag.econ.277195
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/277195/files/1306.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.277195?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. Pragya Bhawsar & Utpal Chattopadhyay, 2015. "Competitiveness: Review, Reflections and Directions," Global Business Review, International Management Institute, vol. 16(4), pages 665-679, August.
    2. Arellano, Manuel & Bover, Olympia, 1995. "Another look at the instrumental variable estimation of error-components models," Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
    3. Jane Korinek & Mark Melatos, 2009. "Trade Impacts of Selected Regional Trade Agreements in Agriculture," OECD Trade Policy Papers 87, OECD Publishing.
    4. Anne-Célia Disdier & Charlotte Emlinger & Jean Fouré, 2015. "Atlantic versus Pacific Agreement in Agri-food Sectors: Does the Winner Take it All?," Working Papers halshs-01190840, HAL.
    5. Alex Hoen & Jan Oosterhaven, 2006. "On the measurement of comparative advantage," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 40(3), pages 677-691, August.
    6. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    7. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
    8. Nadeem Akmal & Waqar Akhtar & Hassnain Shah & Muhammad Azam Niazi & Tariq Saleem, 2014. "The Structure and Competitiveness of Pakistan`s Basmati Rice Exports," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 4(4), pages 304-312, April.
    9. Imre Fertő, 2008. "The evolution of agri-food trade patterns in Central European countries," Post-Communist Economies, Taylor & Francis Journals, vol. 20(1), pages 1-10.
    10. Akmal, Nadeem & Akhtar, Waqar & Shah, Hassnain & Niazi, Muhammad Azam & Saleem, Tariq, 2014. "The Structure and Competitiveness of Pakistan’s Basmati Rice Exports," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 4(04), pages 1-9, April.
    11. Laure Latruffe, 2010. "Competitiveness, Productivity and Efficiency in the Agricultural and Agri-Food Sectors," OECD Food, Agriculture and Fisheries Papers 30, OECD Publishing.
    12. Ricardo, David, 1821. "On the Principles of Political Economy and Taxation," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, edition 3, number ricardo1821.
    13. Bent Dalum & Keld Laursen & Gert Villumsen, 1998. "Structural Change in OECD Export Specialisation Patterns: de-specialisation and 'stickiness'," International Review of Applied Economics, Taylor & Francis Journals, vol. 12(3), pages 423-443.
    14. 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.
    15. Thomas Vollrath, 1991. "A theoretical evaluation of alternative trade intensity measures of revealed comparative advantage," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(2), pages 265-280, June.
    16. Tihomir Domazet, 2012. "Regional Cooperation Striving For Competitiveness And Finance," Serbian Association of Economists Journal, SAE - Serbian Association of Economists, issue 5-6, pages 290-300, August.
    17. Malaga, Jaime E. & Williams, Gary W., 2006. "Mexican Agricultural and Food Export Competitiveness," Reports 90778, Texas A&M University, Agribusiness, Food, and Consumer Economics Research Center.
    18. Windmeijer, Frank, 2005. "A finite sample correction for the variance of linear efficient two-step GMM estimators," Journal of Econometrics, Elsevier, vol. 126(1), pages 25-51, May.
    19. Jo H.M. Wijnands & Harry J. Bremmers & Bernd M.J. van der Meulen & Krijn J. Poppe, 2008. "An economic and legal assessment of the EU food industry's competitiveness," Agribusiness, John Wiley & Sons, Ltd., vol. 24(4), pages 417-439.
    20. McLean, Sheldon & Pantin, Machel & Skerrette, Nyasha, 2014. "Regional integration in the Caribbean: The role of trade agreements and structural transformation," Studies and Perspectives – ECLAC Subregional Headquarters for The Caribbean 37267, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    21. Yap, Josef T., 2004. "A Note on the Competitiveness Debate," Discussion Papers DP 2004-39, Philippine Institute for Development Studies.
    22. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Arif Imam Suroso & Idqan Fahmi & Hansen Tandra & Adi Haryono, 2023. "Assessing the Effect of Internet Indicators on Agri-Food Export Competitiveness," Economies, MDPI, vol. 11(10), pages 1-16, October.
    2. Tamás Mizik & Ákos Szerletics & Attila Jámbor, 2020. "Agri-Food Export Competitiveness of the ASEAN Countries," Sustainability, MDPI, vol. 12(23), pages 1-15, November.

    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. Jámbor, Attila & Tóth, Andrea Tímea & Kőröshegyi, Domonkos, 2017. "Az agrárexport versenyképessége - a nemzetközi fűszer-kereskedelem esete [Export competitiveness in agriculture: the case of the international spice trade]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1202-1223.
    2. Jambor, Atilla & Toth, Andrea Timea & Koroshegyi, Domonkos, 2017. "The Export Competitiveness of Global Cocoa Traders," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 9(3), September.
    3. Sakiru Adebola Solarin & Yuen Yee Yen, 2016. "A global analysis of the impact of research output on economic growth," Scientometrics, Springer;Akadémiai Kiadó, vol. 108(2), pages 855-874, August.
    4. Judit Nagy & Zsófia Jámbor, 2018. "Competitiveness In Global Trade: The Case Of The Automobile Industry," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 63(218), pages 61-84, July – Se.
    5. Hasan, Iftekhar & Tucci, Christopher L., 2010. "The innovation-economic growth nexus: Global evidence," Research Policy, Elsevier, vol. 39(10), pages 1264-1276, December.
    6. Vincent Leyaro, 2015. "Threshold and interaction effects in the trade, growth, and inequality relationship," WIDER Working Paper Series 009, World Institute for Development Economic Research (UNU-WIDER).
    7. Judit Nagy & Zsófia Jámbor, 2019. "Competitiveness in Dairy Trade – the Case of EU and the Visegrad Group Countries," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 11(4), December.
    8. Annie Tubadji & Vassilis Angelis & Peter Nijkamp, 2016. "Endogenous intangible resources and their place in the institutional hierarchy," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 36(1), pages 1-28, February.
    9. Johanna Vogel, 2015. "The two faces of R&D and human capital: Evidence from Western European regions," Papers in Regional Science, Wiley Blackwell, vol. 94(3), pages 525-551, August.
    10. Bianka Dettmer, 2012. "Business services outsourcing and economic growth: Evidence from a dynamic panel data approach," Jena Economics Research Papers 2012-049, Friedrich-Schiller-University Jena.
    11. Hoang, V. V. & Tran, K. T. & Tu, B. V. & Nguyen, V. N. & Nguyen, A. Q., 2017. "Agricultural Competitiveness of Vietnam by the RCA and the NRCA Indices, and Consistency of Competitiveness Indices," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 9(4).
    12. Sai Ding & John Knight, 2011. "Why has China Grown So Fast? The Role of Physical and Human Capital Formation," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(2), pages 141-174, April.
    13. Junhua Li & Wenli Cheng, 2015. "Country Size, Economic Structure and Transaction Efficiency: An Asymmetric Spatial General Equilibrium Model of Income Differences across Nations," Monash Economics Working Papers 17-15, Monash University, Department of Economics.
    14. Smaoui, Houcem & Nechi, Salem, 2017. "Does sukuk market development spur economic growth?," Research in International Business and Finance, Elsevier, vol. 41(C), pages 136-147.
    15. Bloom, David E. & Canning, David & Kotschy, Rainer & Prettner, Klaus & Schünemann, Johannes, 2024. "Health and economic growth: Reconciling the micro and macro evidence," World Development, Elsevier, vol. 178(C).
    16. Chu, Lan Khanh & Chu, Hung Viet, 2020. "Is too much liquidity harmful to economic growth?," The Quarterly Review of Economics and Finance, Elsevier, vol. 76(C), pages 230-242.
    17. Babu, Suresh Chandra & Shishodia, Mahika, 2017. "Agribusiness competitiveness: Applying analytics, typology, and measurements to Africa," IFPRI discussion papers 1648, International Food Policy Research Institute (IFPRI).
    18. Petra Sauer & Martin Zagler, 2014. "(In)equality in Education and Economic Development," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(S2), pages 353-379, November.
    19. Rafiou Raphaël Bétila, 2021. "The impact of Ease of Doing Business on economic growth: a dynamic panel analysis for African countries," SN Business & Economics, Springer, vol. 1(10), pages 1-34, October.
    20. F. V. Vieira & M. Holland & C. Gomes da Silva & L. C. Bottecchia, 2013. "Growth and exchange rate volatility: a panel data analysis," Applied Economics, Taylor & Francis Journals, vol. 45(26), pages 3733-3741, September.

    More about this item

    Keywords

    International Relations/Trade;

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ags:iaae18:277195. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/iaaeeea.html .

    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.