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Romania's position in the EU extra-european agrifood trade

Author

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  • Gavrilescu, Camelia

Abstract

Since the EU accession, Romania’s agrifood trade increased significantly, in both volume and value terms. Although the old free trade agreements, that have been in force for the last 15 years, were discontinued when it joined the Single Market, Romania continued its trade relations with its traditional extra-EU partners, under the new EU rules. The EU is currently the largest player in the world agrifood markets, and the 2004 and 2007 enlargements contributed to the consolidation of that position. The present paper is empirically examining the position and contribution of Romania among the other EU member countries to the extra-EU agrifood trade, in terms of values, quantities and directions of flows. The competitiveness of the Romanian extra-community agrifood is analyzed as well, since it improved significantly for the last three years, shifting the trade balance from negative to positive.

Suggested Citation

  • Gavrilescu, Camelia, 2013. "Romania's position in the EU extra-european agrifood trade," MPRA Paper 53261, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:53261
    as

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    File URL: https://mpra.ub.uni-muenchen.de/53261/1/MPRA_paper_53261.pdf
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    References listed on IDEAS

    as
    1. Taylor, John B, 1979. "Staggered Wage Setting in a Macro Model," American Economic Review, American Economic Association, vol. 69(2), pages 108-113, May.
    2. Diamond, Peter A, 1982. "Aggregate Demand Management in Search Equilibrium," Journal of Political Economy, University of Chicago Press, vol. 90(5), pages 881-894, October.
    3. Moen, Espen R, 1997. "Competitive Search Equilibrium," Journal of Political Economy, University of Chicago Press, vol. 105(2), pages 385-411, April.
    4. James D. Montgomery, 1991. "Equilibrium Wage Dispersion and Interindustry Wage Differentials," The Quarterly Journal of Economics, Oxford University Press, vol. 106(1), pages 163-179.
    5. Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    agrifood trade; extra-EU trade; competitiveness; trade balance;

    JEL classification:

    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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