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Revealed Comparative Advantage and Competitiveness in Hungarian Agri-Food Sectors Technology Foresight in Hungary

Author

Listed:
  • Imre Ferto

    (Institute of Economics of Hungarian Academy of Sciences)

  • Lionel J. Hubbard

    (Department of Agricultural Economics and Food Marketing, University of Newcastle upon Tyne, UK)

Abstract

This paper investigates the competitiveness of Hungarian agriculture in relation to that of the EU employing four indices of revealed comparative advantage, for the period 1992 to 1998. Consistency tests implies that the indices are less satisfactory as cardinal measures, but are useful in identifying whether or not Hungary has a comparative advantage in a particular product group. The results suggest that despite of significant changes in Hungarian agriculture during the 1990s, the pattern of revealed comparative advantage has remained fairly stable. RCA indices, despite their limitations, provide a useful guide to underlying comparative advantage and offer a further insight into the competitiveness of Hungarian agri-food sectors and the implications for trade when membership of the EU becomes a reality.

Suggested Citation

  • Imre Ferto & Lionel J. Hubbard, 2002. "Revealed Comparative Advantage and Competitiveness in Hungarian Agri-Food Sectors Technology Foresight in Hungary," KRTK-KTI WORKING PAPERS 0208, Institute of Economics, Centre for Economic and Regional Studies.
    • Handle: RePEc:has:discpr:0208
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    File URL: http://econ.core.hu/doc/dp/dp/mtdp0208.pdf
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    References listed on IDEAS

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    1. repec:bla:reviec:v:8:y:2000:i:3:p:373-96 is not listed on IDEAS
    2. E. Wesley F. Peterson & Siva Rama Krishna Valluru, 2000. "Agricultural Comparative Advantage and Government Policy Interventions," Journal of Agricultural Economics, Wiley Blackwell, vol. 51(3), pages 371-387, September.
    3. James Proudman & Stephen Redding, 2000. "Evolving Patterns of International Trade," Review of International Economics, Wiley Blackwell, vol. 8(3), pages 373-396, August.
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    Cited by:

    1. repec:lje:journl:v:20:y:2015:i:1:p:157-168 is not listed on IDEAS
    2. Khurram Shahzad, 2015. "An RCA Analysis of Textiles and Clothing in Pakistan, India, and Bangladesh," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 20(1), pages 157-168, Jan-June.
    3. Kirschke, D. & Weber, G., 2004. "Internationale Wettbewerbsfähigkeit und Optionen für die EU-Agrarpolitik," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 39.
    4. Gopal, Nikita & Jeyanthi, P. & Geethalakshmi, V. & Unnithan, G.R., 2009. "Indian Finfish Exports – An Analysis of Export Performance and Revealed Comparative Advantage," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 22(2), July.
    5. Alberto Francisco Torres Garcia & Sarha Leticia Romero Martinez & Gustavo Rodolfo Cruz Chavez, 2015. "Comparative Advantages Revealed In The Foreign Trade From Mexico And Turkey, Las Ventajas Comparativas Reveladas En El Comercio Exterior De Mexico Y Turquia," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, vol. 8(7), pages 95-104.

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