THE IMPACT OF AGRICULTURAL PERFORMANCE ON FOREIGN TRADE CONCENTRATION AND COMPETITIVENESS: EMPIRICAL EVIDENCE FROM ROMANIAN AGRICULTURE

Author:

Andrei Jean Vasile1ORCID,Popescu Gheorghe H.2,Nica Elvira3,Chivu Luminita4

Affiliation:

1. Faculty of Economic Sciences, Petroleum -Gas University of Ploiesti, Ploiesti, Prahova, Romania

2. Bucharest University of Economic Studies, Bucharest, Romania

3. Faculty of Administration and Public Management, Bucharest University of Economic Studies, Bucharest, Romania

4. National Institute for Economic Research ‘Costin C. Kiritescu’, Romanian Academy, Bucharest, Romania

Abstract

Analysing the impact of agricultural performance on foreign trade concentration and competitiveness defines an important step in identifying the opportunities, challenges and proactive measures in designing a functional and marked based agricultural model. The scope of this study is to investigate the evolution of Romania’s the foreign trade competitiveness and its concentration on main destinations during 2007–2016. In this context, in the paper are identified and investigated some of the competitiveness’ mutations arisen from the Romania’s trade flows concentration and restructuration in relation with 26 of the European Union member states. It was used a unique dataset on agro -food trade output and concentration across EU countries to construct measures of trade competitiveness. The results obtained suggest the existence of a dual relationship of the Romanian agriculture competitiveness and its dependence on the EU economic area, by the concentration of the commercial relationships.

Publisher

Vilnius Gediminas Technical University

Subject

Economics and Econometrics,Business, Management and Accounting (miscellaneous)

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