The dynamics of agri-food trade patterns - the accession countries' case.

• Authors: Ferto I. , Hubbard , L.
• Languages of publication: HU

Abstracts

EN

The article describes the evolving pattern of agri-food trading in Central European countries, using recently developed empirical procedures based on the classic Balassa index and a symmetrical transformation of it. The degree of trade specialization shows a declining trend. Central European countries have been losing their comparative advantage in a number of product groups. Their indices of specialization have also tended to converge, although they display greater variation in certain product groups. They are stable for product groups showing a comparative disadvantage, but product groups for which these countries have a weak to strong comparative advantage show significant variation. The findings back the idea that there is a general decrease in specialization, but they do not support the notion of self-reinforcing mechanisms that has been emphasized strongly in much literature on endogenous growth and trade.

Keywords

EN

AGRI-FOOD TRADING; BALASSA INDEX

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Journal: Kozgazdasagi Szemle (Economic Review)
• Year: 2005
• Volume: 52
• Issue: 1
• Pages: 24-38
• Document type: ARTICLE

Contributors

author

Ferto I.

author

Hubbard

author

L.

• I. Ferto, no address given, contact the journal editor

Identifiers

CEJSH db identifier

07HUAAAA02955992