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 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 Development and efficiency of agri-food foreign trade of the Slovak Republic in the international context

2011 ◽  
Vol 57 (No. 1) ◽  
pp. 41-46
Author(s):  
J. Gálik
Keyword(s):  
Foreign Trade ◽  
Trade Balance ◽  
Slovak Republic ◽  
Food Products ◽  
Agricultural Products ◽  
The Other ◽  
International Context ◽  
Food Trade ◽  
Trade Performance ◽  
Mutual Relations

The contribution is aimed at changes in the foreign trade of the Slovak Republic with agricultural and food products from 2004. The attention was paid to mutual relations of the imported and exported agricultural products. The contribution was supplemented by the comparison of the SR agri-food trade performance with the other EU member countries. To attain the objective, an unconventional methodical practice based on the calculation of trade balance per one inhabitant was used.

FOOD SECURITY OF THE EUROPEAN UNION COUNTRIES

2017 ◽  
Vol XIX (3) ◽  
pp. 150-155
Author(s):  
Jakub Kraciuk
Keyword(s):  
European Union ◽  
Food Security ◽  
The State ◽  
The Other ◽  
The European Union ◽  
Eu Countries ◽  
Other Hand ◽  
European Union Countries ◽  
Access To Food

The aim of the study was to show the state of food security in European Union countries and defines the basic factors determining the level of this security. There is a large disproportion in the state of food security between individual European Union countries, especially between old and new EU countries. It was determined that in the analyzed years average prices of products and their quality deteriorated in the countries of the European Union. The unfavorable changes that have taken place were not too great. On the other hand, the average indicator for the analyzed countries regarding access to food has clearly improved.

scholarly journals The role of foreign trade and its effects

2009 ◽  
Vol 55 (No. 5) ◽  
pp. 211-220 ◽  
Author(s):  
V. Jeníček
Keyword(s):  
Foreign Trade ◽  
The Other ◽  
Home Production ◽  
Home Market ◽  
Economic Relationships ◽  
Whole Process ◽  
Other Hand ◽  
The Individual

Foreign trade is the reflection of economic relationships among the individual economies and represents the part of the country foreign relationships, which include trade exchange of a part of the production. In the simplifies balance understanding, it is usually presupposed that the object of this exchange is such a part of the production, which exceeds the home consumers demand and thus is the object of export, or, vice versa, that part of the home demand which is not satisfied by the home production and thus has to be covered by import. In reality, the whole process is, however, substantially more complicated, as the whole series of reasons (price, trade, political etc.) lead often to exporting even those products which might have been realised in the home market, regarding the purchasable demand, and on the other hand, import includes in most commodity groups also the products competing with the home production and thus securing a wider assortment of supply.

scholarly journals Are the Russian Federation and Turkey efficient in wheat and mandarin trade?

2020 ◽  
Vol 7 (3) ◽  
Author(s):  
Figen Ceylan ◽  
Ozkan Burhan ◽  
Galina Astratova ◽  
Goksel Akpinar ◽  
Alexei Kopchenov
Keyword(s):  
Russian Federation ◽  
Comparative Advantage ◽  
Fruits And Vegetables ◽  
The State ◽  
The Other ◽  
Export Markets ◽  
Other Hand ◽  
Export Competitiveness ◽  
Comparative Advantages ◽  
The Russian Federation

The purpose of the study was intended to understand whether the Russian Federation and Turkey are efficient in wheat and mandarin trade in comparison with other significant exporters. The neighbourhood is an important aspect for developing and maintaining trade contacts. Within this perspective, the Russian Federation has been the main purchaser of Turkish fruits and vegetables. On the other hand, one of the major export products of Russia sold to Turkey is wheat in addition to energy and industrial inputs. Well knowing the importance of these product groups to both countries, it was intended to evaluate these countries rivalry in export markets concerning for their competitive countries. Authors used methods that allow to directly or indirectly assessing the degree of export competitiveness of the state: methods of comparative advantage analysis (RCA) and comparative export indicators (CEP). Wheat export of Russia and mandarin export of Turkey were compared with competitive exporters via calculation and interpretation of trade indices from 2000 to 2019. The findings indicated that Russian exports are superior to their competitors when some years were set apart. The specific overriding country has been Kazakhstan for Russian wheat, even if the productive capacities cannot be compared. Besides, Turkey ranks second after Spain for mandarin exports due to the comparative advantages. However, assessment of the findings in details indicated that there is a need to develop supporting policy and tools for two cases to increase the profitability and efficiency of the export. This is due to lower per-unit export gains and should be intervened to improve and strengthen the countries’ trade positions.

scholarly journals Influence of foreign direct investments on foreign trade of Czechia

Geografie ◽  
2005 ◽  
Vol 110 (1) ◽  
pp. 46-61
Author(s):  
Vladislav Čadil
Keyword(s):  
Foreign Trade ◽  
Foreign Capital ◽  
The Other ◽  
Foreign Firms ◽  
Foreign Direct Investments ◽  
Eu Countries ◽  
The One ◽  
Trade Partners ◽  
Positive Effect ◽  
Qualitative Changes

Deep changes in territorial and commodity structure of foreign trade have arisen after 1989 in Czechia. Economically developed states, especially EU countries, have become significant trade partners of Czechia. On the one hand, export and import of machines and means of transport have increased, on the other hand, export of semi-finished products and materials has decreased. Intense qualitative changes in territorial and commodity structures as well as an increase of foreign trade would be inconceivable (or significantly delayed) without a positive effect of foreign direct investments. Foreign capital has sharpened differences between prospering foreign firms and weak, uncompetitive home enterprises. The aim of this contribution is: a) to deal with the effects of foreign direct investments on the development of foreign trade in Czechia; b) to delineate the main trends in development of foreign trade affected by foreign capital.

scholarly journals Comparative advantages in Polish export to the European Union — food products vs selected groups of non-food products

2018 ◽  
Vol 9 (2) ◽  
pp. 287-308
Author(s):  
Iwona Szczepaniak
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Value Added ◽  
Food Products ◽  
The European Union ◽  
Food Sector ◽  
Eu Countries ◽  
Comparative Advantages ◽  
Research Period ◽  
The Eu

Research background: Globalisation and economic integration are the reasons for which the competitiveness of economic entities is analysed more and more often in the context of their relations with the international market. One of the ways to assess the competitiveness of the Polish food sector is an analysis of comparative (relative) advantages in the export of this sector’s products. Purpose of the article: The objective of this paper is to assess comparative advantages in Polish export of food products to the European Union against a background of selected groups of non-food products. Methods: The study used the B. Balassa’s revealed comparative advantage (RCA) index. The study is preceded by a brief review of foreign trade results. The source of data was the WITS-Comtrade commercial database. The analysis was carried out at the level of the HS sections (in commodity terms). The research period covered the years 2003–2015. Findings & Value added: In the years 2003–2015, export of food increased nearly six times and its import — more than 4.5 times. The major partners of Poland as regards trade in food were the EU countries. The food sector was one of few sectors of the economy with the positive trade balance. Polish export to the EU was characterised by a diversified level of comparative advantages. From among 20 HS sections, in 2015 Poland had comparative advantages in export to the EU countries for products from 10 sections (2 food and 8 non-food). Those products accounted for 11% and 70% of Polish export to the EU, respectively. The development of Polish foreign trade in food products during the Polish membership in the EU as well as fairly high comparative advantages in the export of these products to the EU indicate the competitiveness and significant importance of the Polish food sector for the national economy.

scholarly journals Indebtedness and mercantilism

2009 ◽  
Vol 56 (3) ◽  
pp. 409-416 ◽  
Author(s):  
Jean-Paul Guichard
Keyword(s):  
Foreign Trade ◽  
Open Economy ◽  
Trade Balance ◽  
Domestic Demand ◽  
The Other ◽  
Closed Economy ◽  
Other Hand ◽  
The One

In a closed economy, the growth of the GDP is equal to the net indebtedness (the increase of indebtedness) of it agents from one period to another, which allows current demand to be greater than the income of the preceding quarter. In an open economy, we must add to that the net indebtedness of the totality of foreign agents in operation: the currencies corresponding to the foreign trade balance. Depending on the sign of these two kinds of net indebtedness, positive or negative, a classification of countries can be made: mainly mercantilist countries that enjoy a foreign surplus, on the one hand, and 'Keynesian' countries running a deficit, whose growth is founded upon domestic demand, on the other hand.

scholarly journals DYNAMIC AND STRUCTURAL DISPROPORTATIONS OF THE BALANCE IN FOREIGN TRADE IN TEXTILE GOODS OF THE EAEU AND BELARUS

2022 ◽  
pp. 19-29
Author(s):  
К. Bykau
Keyword(s):  
Comparative Analysis ◽  
Foreign Trade ◽  
Negative Impact ◽  
The Other ◽  
Management Decisions ◽  
Mutual Trade ◽  
Other Hand ◽  
The One ◽  
Key Indicators ◽  
Trade Partners

The article is devoted to the study of the balance of foreign trade in textile goods (C13) in two directions: on the one hand, the EAEU in mutual trade and with third countries, on the other hand, Belarus in mutual trade with the EAEU member states and third countries. A comparative analysis of the dynamics and changes in the structure of key indicators of foreign trade in the context of the main commodity groups, goods and key foreign trade partners has been carried out. The author identified the reasons and factors that have a negative impact on the dynamics of the balance of foreign trade in textiles between the EAEU and Belarus in order to make management decisions.

Home Market and the Artisans in Colonial India: A Study of Brass-ware

1996 ◽  
Vol 30 (2) ◽  
pp. 357-385 ◽  
Author(s):  
Tirthankar Roy
Keyword(s):  
Structural Change ◽  
Foreign Trade ◽  
World Market ◽  
The Other ◽  
Home Market ◽  
Colonial India ◽  
Other Hand ◽  
The World ◽  
Exogenous Process ◽  
Opening Up

Studies on Indian artisans in the recent times have tended to be guided by the notion of a world market which, it is believed, drove them towards obsolescence through changing tastes or productivity. This framework, however, is not without problems. First, the presence of older industries in modern India, or their long continuance, tends to be seen in terms of ‘survivals’ or ‘revivals’, which terms deny them any inherent dynamics. On the other hand, the impression that many of them ‘survive’ today in strikingly modernized forms, utilizing production and marketing institutions vastly different from those that prevailed a hundred years ago, would demand of historians an account of how old industries evolve, and become integrated into the rest of the economy. Secondly, the crux of the world market story is the economy's opening up to trade. That foreign trade had a critical impact on crafts such as textiles, partially decimated by imports, or leather, where trade commercialized an erstwhile custom-bound exchange, is indisputable. But there are other notable examples where the effect of trade was benign, minor, or indirect, where artisans remained producers of a mass consumable; and where neither did they face significant competition from imported goods, nor were reduced to fodder for metropolitan industrialization. Yet they changed profoundly. In a way, their history reflects not the play of a dominant exogenous process, but the totality of the economy's structural change. Crafts history does not yet provide us with prototypes of this endogenous transformation.

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