scholarly journals The Czech Agrarian Trade Comparative Advantages Distribution Based on Value and Volume Approach

2019 ◽  
Vol 67 (6) ◽  
pp. 1613-1625
Author(s):  
Luboš Smutka ◽  
Mansoor Maitah ◽  
Miroslav Svatoš
Keyword(s):  
Agricultural Trade ◽  
Added Value ◽  
Eu Countries ◽  
Social Sphere ◽  
Trade Performance ◽  
Unit Value ◽  
Comparative Advantages ◽  
Trade Competitiveness ◽  
The Relationship ◽  
Product Mapping

In the last two decades, the Czech agrarian trade has undergone a very significant transformation. It had been considerably influenced by several dynamically developing factors, which originate not only in the area of economics, but also within the political and social sphere. The objective of this paper is to identify the roots of Czech agrarian trade competitiveness in relation to EU and non-EU countries. The results of comparative advantages analyses are discussed in relation to Czech agrarian trade nominal value and volume performance. The paper identifies the set of items when trade performance is induced by increasing volume (increasing exports in kg) and the set of items when trade performance is induced by increasing unit value performance. To accomplish the above mentioned tasks, the following methods have been applied: The LFI, RCA and TBI indices, product mapping and logarithmic decomposition. Based on individual applied methods the analyzed paper provides the results. However, Czech agricultural trade does not have comparative advantages in general (both in relation to EU and also non-EU countries), there are existing bilateral comparative advantages in the case of individual export items (non-EU: CN04, CN17, CN01, CN24, CN12, CN19, CN11, CN13 and CN18; EU: CN10, CN24, CN01, CN12, CN15, CN04, CN22, CN11, CN17, CN03, CN16, CN09, CN13 and CN14). The problems of Czech comparative advantages development in relation to the EU are constantly decreasing volume performance and decreasing unit value. On the other hand, in relation to non-EU countries, the relationship between increasing volume and value performance is more balanced and the comparative advantages are related to quality and higher added value aspects.

scholarly journals CZECH AGRARIAN FOREIGN TRADE COMPARATIVE ADVANTAGES DISTRIBUTION: TRANSFORMATION PROCESS

2018 ◽  
Author(s):  
Luboš SMUTKA ◽  
Miroslav SVATOŠ ◽  
Mansoor MAITAH
Keyword(s):  
Foreign Trade ◽  
Mapping Method ◽  
The Other ◽  
Eu Countries ◽  
Trade Performance ◽  
Processing Level ◽  
Other Hand ◽  
Unit Value ◽  
Comparative Advantages ◽  
Product Mapping

This paper primarily focuses on Czech agrarian foreign trade comparative advantage issues. The structure and comparative advantages distribution are analyzed in the period before (2001) and after the Czech EU accession (2015/2016). The main central aim of this paper is to identify and analyze changes in comparative advantages distribution and trade commodity structure which have occurred. Trade structure and comparative advantages distribution are analysed in relation to the EU and rest of the World (Developing countries, OECD members, CIS, etc.). Commodity structure (we applied HS system) is analysed specifically in relation to unit value development, trade volume development and comparative advantages distribution development. To successfully accomplish the above mentioned objectives, this paper applies Lafay index and Trade balance index. The results derived from individual analyses are highlighted through the “Product mapping method”. The product mapping matrix divides the entire set of exported products into 4 groups. The LFI index has been chosen for the “product mapping” approach because of its ability to take into consideration only those transactions which are truly related to individual countries’ trade performance. The TBI index has been utilized for its ability to divide the products according to their real trade performance into the above specified four quadrants. In the analysed period, Czech agrarian trade increased its dependency on EU Countries. The share of EU countries in regards to Czech agrarian trade turnover has increased from 78% to nearly 90%. Czech agrarian exports are dominated by low processed and semi-processed aggregations having a low unit value. On the other hand, imports can be characterized by a much higher unit value and a much higher processing level. Unfortunately, the unit value of Czech agrarian exports has been constantly decreasing on the other hand the unit value of imports is increasing. Czech trade comparative advantages exist in relation to the following set of products: HS10, HS12, HS01, HS04, HS15, HS24, HS22, HS11, HS17, HS03, HS16, HS09, HS13 and HS14.

scholarly journals Changes in the Czech agrarian foreign trade competitiveness – different groups of partners’ specifics  

2018 ◽  
Vol 64 (No. 9) ◽  
pp. 399-411 ◽  
Author(s):  
Smutka Luboš ◽  
Maitah Mansoor ◽  
Svatoš Miroslav
Keyword(s):  
Foreign Trade ◽  
Agricultural Trade ◽  
European Countries ◽  
Added Value ◽  
The European Union ◽  
Agricultural Market ◽  
Territorial Structure ◽  
Trade Competitiveness ◽  
The Individual ◽  
Merchandise Trade

The territorial and commodity structure of the Czech agrarian foreign trade underwent significant changes over the last fifteen years. These changes affected not only the structure, but also the value, volume, unit prices and competitiveness. The presented paper provides the basic overview of the individual significant changes. The main goal of the paper is to specify changes in the area of the Czech agrarian foreign trade competitiveness. This competitiveness is analysed not only in relation to global markets, but it is also analysed in relation to different groups of countries. Differences in competiveness are analysed in relation to the European Union (EU 28), the Commonwealth of Independent Countries, other European countries, the OECD members, and developing countries. In addition, competitiveness is also analysed in two specific dimensions. The agricultural market represents a very specific entity. However, the global merchandise trade is becoming more and more liberalized internationally and the regional agricultural markets are still being affected by a significant protectionism. The individual countries and certain clusters of countries are applying an intensive agricultural market protection. The result of these policies is a distortion of the agricultural trade. This distortion is also affecting the individual countries mutual competitiveness. While one country could be competitive in relation to one partner, in relation to other partner, the competitiveness could be limited. The paper clarifies and analyses the differences that exist in the competitiveness of the Czech agrarian trade in relation to the above mentioned groups of countries. The analysis is conducted utilizing the symmetric revealed comparative advantage index and the Lafay index, the Trade Balance index and the product mapping. The Czech agrarian trade territorial structure has become more concentrated, the commodity structure became more diversified. Czech trade is quite competitive especially in relation to the European countries, the competitiveness in relation to other territories is limited. The significant weakness of the Czech agrarian trade is its low ability to generate added value.  

scholarly journals Export Competitiveness of the Economic Sectors of Bosnia and Herzegovina

2019 ◽  
Vol 57 (4) ◽  
pp. 433-457
Author(s):  
Milenko Krajišnik ◽  
Sanja Popović
Keyword(s):  
Bosnia And Herzegovina ◽  
Export Performance ◽  
Global Market ◽  
Added Value ◽  
Economic Sectors ◽  
Export Sector ◽  
Trade Performance ◽  
Trade Competitiveness ◽  
And Performance ◽  
Strategic Market

AbstractThe competitiveness of the national economy, its sectors and companies is essential for economic growth and development in the conditions of the global market. This importance is especially expressed for small open economies, such as Bosnia and Herzegovina (B&H). Bosnia and Herzegovina must strengthen its export position in the most competitive sectors, so that it can develop under conditions of increasingly liberalized world trade, with growing competition. The aim of this paper is to investigate the sectora structure of B&H exports, the competitiveness, significance and performance of certain sectors, in order to identify weaknesses and possible ways o improvement. For the purposes of this analysis, the Trade Competitiveness Map analysis methodology was used to assess the competitiveness of the sector, using the Trade Performance Index (TPI). The main aim of the methodology is to determine sectoral export performance, in order to facilitate strategic market research and monitoring of national foreign trade performance. B&H has the poor export sector structure, with the low level o international competitiveness, reflected in the large share of resource intensive products and low-value processing products with low added value Improving competitiveness could be achieved by strengthening the most competitive sectors, as well as by changing the economic structure towards the development of technologically intensive and highly profitable sectors o the economy.

scholarly journals CORRELATION OF TOTAL GDP AND NUMBER OF SMALL AND MEDIUM ENTERPRISES IN THE EU-28

2021 ◽  
Author(s):  
Mirjana Štaka ◽  
Keyword(s):  
Gross Domestic Product ◽  
Social Role ◽  
Small And Medium Enterprises ◽  
Added Value ◽  
Domestic Product ◽  
Eu Countries ◽  
Medium Enterprises ◽  
The Relationship ◽  
The Eu

Micro, small and medium enterprises play a major role in the country's economic growth and development. The connection and correlation of GDP and the number of small and medium-sized companies represents a key not only economic but also social role of EU countries. This paper seeks to explore small and medium enterprises as an important role in economic growth and development. Micro, small and medium enterprises play a very important role in the economic development of the country, which is the reason for many studies and analyzes. In addition to contributing to gross domestic product creation, they also play a key social role as they reduce unemployment. The aim of this paper is to assess the relationship between the components of gross domestic product (GDP) and the development of small and medium enterprises (SMEs) in the EU-28 in the years 2009-2019. To achieve this goal, we reviewed the literature, presented statistical data that confirm the importance of these companies in economic development, such as: indicator of entrepreneurship (calculated as the number of SME companies per 1000 inhabitants), participation of SMEs in creating added value. We have presented this data for selected EU countries. Material and methods of work will be performed statistical analysis of data collected for SMEs in the EU and thus enable verification of the hypothesis set in the paper. Secondary data downloaded from the Eurostat site will be used. Based on the downloaded data and the application of a simple regression model, a universal and original model will be presented. Before presenting the model, a correlation will be made in order to present the comprehensiveness of the model. The model will be presented in the form of a function, which will have the value of parameters on the basis of which the influence of independent variables on dependent ones will be determined. The results and conclusions are presented at the end of the paper. The results of the research confirm the theoretical significance and role of small and medium enterprises, as well as the need for their internalization and growth into global market leaders. If the unemployment rate increases by 1 unit (if one person loses his job) in the EU, it will cause a decrease in total domestic value (GDP) by 0.509 units. Every new unemployed worker will cost the EU so much unproduced output and new added value. Assuming that there is no unemployment in the EU, ie that the rate is equal to 0, the EU would produce a gross domestic value of 16,135 euros (note: only the impact and the relationship between the unemployment rate and GDP is taken into account here). Thus, it is clear how much costs and effects unemployment has on the gross domestic product and economic policy of EU countries.

Developing algorithms to optimize the Russian regions' social overheads advancement

2021 ◽  
Vol 19 (2) ◽  
pp. 264-299
Author(s):  
Valerii P. CHICHKANOV ◽  
Aleksandra V. VASIL'EVA
Keyword(s):  
Social Development ◽  
Public Administration ◽  
Decision Making Process ◽  
Russian Regions ◽  
Analysis Techniques ◽  
Social Sphere ◽  
The Social ◽  
The Russian Federation ◽  
The Individual ◽  
The Relationship

Subject. This article analyzes the effectiveness of public administration in the social sphere. Objectives. The article aims to standardize the decision-making process for managing the region's social development through statistical analysis techniques. Methods. For the study, we used correlation and cluster analyses. Results. The article highlights weaknesses in the development of the social sphere and assesses the relationship between the individual areas of its development, and the effectiveness of its financing. It offers algorithms that take into account the patterns of social development and the specifics of certain types of economic activity. Conclusions. The results obtained were used to develop algorithms to optimize the development of the social sphere at the regional level. The socio-economic differentiation of the Russian Federation subjects in a number of regions requires an analysis of the specifics of the development of the social sphere of the region under consideration and adjustments to the proposed algorithms.

Technology Innovation Based on Environmental Kuznets Curve Hypothesis

2012 ◽  
Vol 573-574 ◽  
pp. 831-835 ◽  
Author(s):  
Yu Wei He ◽  
Jin Rong Jiang
Keyword(s):  
Energy Consumption ◽  
Environmental Kuznets Curve ◽  
Technology Innovation ◽  
Added Value ◽  
Kuznets Curve ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
Environmental Kuznets Curve Hypothesis ◽  
The Relationship ◽  
Carbon Economy

Low-carbon economy was an inevitable choice in response to climate warming. With the deep analysis of the environmental Kuznets curve (EKC), this paper used two models to analyze the relationship between the growth of a country’s economic and the quantity of pollutants produced in the process. The empirical study compare the two groups of samples, which described energy consumption per unit of industrial added value, each group contains five symbolic provinces or municipalities in coastal and western areas. The outcome proved the positive significance of technology innovation.

scholarly journals Competitiveness analysis of Czech agrarian foreign trade in the context of world agrarian market and agrarian trade of EU-27 countries

2010 ◽  
Vol 58 (6) ◽  
pp. 503-514
Author(s):  
Miroslav Svatoš ◽  
Luboš Smutka
Keyword(s):  
World Market ◽  
View Point ◽  
Eu Countries ◽  
Bcg Matrix ◽  
The World ◽  
Comparative Advantages ◽  
Two Stages ◽  
Balassa Index ◽  
The Eu

This paper analyses the commodity structure of Czech (CR) agrarian trade in relation to the EU countries. An emphasis is put on comparative advantages of particular aggregations from the view-point of their application on the EU internal market. This analysis is based on an evaluation of comparative advantages by means of a modified Balassa index. It is studied in two stages, for the internal EU market and the world market. The analysis results are then shown in a graph. Subsequently, the authors implement an idea arising from a BCG matrix on the results of the graphic presentation. The aim is to identify those aggregations (SITC, rev. 3) which are or have a potential to be a pillar of agri-business (ie, the “cash cows” and “stars”), and vice versa to show the aggregation which are non-prospective in the long term or problematic (ie, the “dogs” and “problem children”). As start are identified as those aggregations which are characterised by the highest growth rate of comparative advantage value. From the analysis results, changes are apparent if we compare the CR trade commodity structure in relation to the EU countries. Findings also concern the development of comparative advantages and following CR specialisation on trade with certain aggregations.

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