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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.

Suggested Citation

  • Ferto, Imre & Hubbard, Lionel J., 2003. "The Dynamics Of Agri-Food Trade Patterns - The Hungarian Case," 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa 25851, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaae03:25851
    DOI: 10.22004/ag.econ.25851
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    2. Abhijit Sharma & Michael Dietrich, 2004. "The Indian Economy Since Liberalisation: the Structure and Composition of Exports and Industrial Transformation (1980 – 2000)," Working Papers 2004004, The University of Sheffield, Department of Economics, revised May 2004.
    3. Vlada Vitunskiene & Evaldas Serva, 2015. "Shifts In Lithuania’S Agri-Food Industry Export Competitiveness: A Comparative Analysis Versus High- And Medium-High Technology Manufacturing Industries," Oeconomia Copernicana, Institute of Economic Research, vol. 6(1), pages 7-31, March.

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