Abstract
This research conducted a structural and analysis of the foreign trade position of the Republic of Serbia, with special emphasis on agricultural and food products, in order to provide detailed information regarding current trends, measuring the level of comparative advantage and international position in the world and European markets. The obtained results indicate the elements that have a limiting effect on the development of this type of production. Using the RCA Index methodology and the Lafay's Index, the link between the food industry and the character of industrial exchange was established, which is measured by the Grubel Lloyd's Index. The structure of exports was analyzed from the aspect of factor intensity, so the existence of negative values of a comparative advantage and intensive goods was confirmed. Finally, we believe that the results obtained have contributed to the unraveling of available instruments, the eventual efficient use of which would help rural development, and thus the overall economic development of the Republic of Serbia.
Publisher
Centre for Evaluation in Education and Science (CEON/CEES)
Reference28 articles.
1. Andrei, J. V., Popescu, G. H., Nica, E. & Chivu, L. (2020). The Impact of Agricultural Performance on Foreign Trade Concentration and Competitiveness: Empirical Evidence from Romanian Agriculture. Journal of Business Economics and Management, 21(2), p. 317-343. doi: 10.3846/jbem.2020.11988;
2. Balassa, B. (1965). Trade Liberalization and Revealed Comparative Advantage. The Manchester School, 33, p. 99-123;
3. Brodowska-Szewczuk, J. (2019). Determinants of the development of enterprises' innovativeness in the aspect of competitiveness of the economy. Entrepreneurship and Sustainability Issues, 7(2), p. 1279-1295. doi: 10.9770/jesi.2019.7.2(33);
4. Ceylan, R. F., Sayin, C., Ozkan, B., Akpinar, M. G. & Ilbasmis, E. (2018). Comparative advantage analysis for Turkish grape and cherries export market. International Journal of Agriculture, Forestry and Life Science, 2(2), p. 75-86;
5. Đukić, K., Prodanović, R., Čavlin, M. & Lukač-Bulatović, M. (2020). Economic Performances of Agro-Industry in AP Vojvodina. Oditor, 6(2), p. 7-19 [in Serbian: Ekonomske performanse agroindustrije u AP Vojvodini] doi: 10.5937/Oditor2002007D;
Cited by
5 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献