Presentation is loading. Please wait.

Presentation is loading. Please wait.

Agro-Food Export Competitiveness of the European Union Countries on the World Markets Imre Fertő and Štefan Bojnec.

Published byVernon Preston Modified over 9 years ago

Similar presentations

Presentation on theme: "Agro-Food Export Competitiveness of the European Union Countries on the World Markets Imre Fertő and Štefan Bojnec."— Presentation transcript:

1 Agro-Food Export Competitiveness of the European Union Countries on the World Markets Imre Fertő and Štefan Bojnec

2 Department of Agricultural Economics Outline  Motivation  Theoretical background  Methodological issues  Data and methodology  Results  Conclusions

3 Department of Agricultural Economics Motivation  COMPETE FP7 Project  Declining competitveness of the EU agriculture –e.g. Ball et al. 2010, EC 2007, FoodDrinkEurope 2011  Investigate the export performance using standard empirical trade analysis tools

4 Department of Agricultural Economics Dynamics of trade specialisation  HOS model –Trade pattern is stable over time except random shock in relative factor endowments  New trade theory 1. –Grossman and Helpman (1990. 1991): long run trade pattern only depends on the relative factors endowments  New trade theory 2 –Krugman (1987) and Lucas (1988): international trade patterns tend to be more specialised  Implications (Proudman –Redding (2000): –The dynamics of trade specialization is an empirical question

5 Department of Agricultural Economics Previous research  Fertő 2008  Bojnec and Fertő (2008, 2009, 2010, 2011, 2012)  Török and Jámbor (2013)

6 Department of Agricultural Economics Measuring comparative advantage  Balassa index  B = (Xij / Xit) / (Xnj / Xnt) –X export – i product –j country – total export – n set of countries: world market –B>1. revealed comparative advantage

7 Department of Agricultural Economics Methodology  Descriptive statistics  Impact of the EU enlargement in 2004 –Chow tests  Convergency: –Panel unit root tests  Stability of B indices at product level –Markov matrices plus mobility indices –Survival analysis

8 Department of Agricultural Economics Data  Country coverage: EU27  Period: 2000-2011  Trade data –Comtrade-WITS. HS6. –Agri-food trade defined by the WTO –789 product groups

9 Department of Agricultural Economics

10

11 Descriptive Statistics of the B Indices. 2000-2011 NMeanSt. Dev.minmaxmedian Austria72080.791.82037.420.19 Belgium75591.462.49026.550.55 Denmark71362.095.65066.100.25 Finland58520.936.130177.090.02 France75051.622.33019.840.74 Germany75210.690.9109.230.36 Greece65673.9514.710264.960.32 Ireland60531.243.60047.110.08 Italy75821.152.25025.410.32 Luxemburg60560.994.210144.790.05 Netherlands74602.002.78026.940.97 Portugal66111.133.41084.530.17 Spain75362.244.22042.920.69 Sweden69840.491.86037.690.07 UK76050.811.91028.020.25

12 Department of Agricultural Economics Descriptive Statistics of the B Indices. 2000-2011 NMeanSt. Dev.minmaxmedian Bulgaria61783.4514.650301.170.16 Cyprus31618.6941.4101133.520.39 Czech Republic69700.782.65059.570.14 Estonia54861.264.300154.520.12 Hungary52912.357.430142.480.37 Latvia56351.878.270232.510.17 Lithuania59002.177.800287.280.36 Malta18341.5811.960185.060.04 Poland61701.834.470110.940.44 Romania54740.943.65060.270.06 Slovakia55440.922.68053.040.16 Slovenia59090.714.610127.940.07 EU271687871.786.3801133.520.28 EU151052351.443.890264.960.34 EU12635522.219.4901133.520.21

13 Department of Agricultural Economics Changes B indices between 2000 and 2011 MeanMedianShare B>1 200020112000201120002011 Austria0.760.910.170.2418.0%22.8% Belgium1.571.500.580.5938.2%38.9% Denmark2.202.170.290.2731.3%30.9% Finland0.701.580.020.048.7%12.3% France1.561.720.770.7543.7%43.5% Germany0.670.750.310.4219.8%27.9% Greece4.643.080.27 32.0%28.4% Ireland1.081.520.090.0821.7%22.9% Italy1.091.350.280.3925.9%30.2% Luxemburg1.071.050.040.0813.2%13.8% Netherlands1.972.350.901.2448.2%55.7% Portugal1.031.390.110.3217.3%28.2% Spain2.212.300.640.7539.7%44.8% Sweden0.420.510.050.097.9%11.9% UK0.741.000.250.2718.3%22.8%

14 Department of Agricultural Economics Changes B indices between 2000 and 2011 MeanMedianShare B>1 200020112000201120002011 Bulgaria3.213.150.130.3227.8%31.3% Cyprus14.026.450.300.3836.7%34.4% Czech Republic1.150.700.150.1621.4%16.0% Estonia1.431.130.120.1621.7%23.2% Hungary3.511.720.630.2339.9%29.5% Latvia1.661.960.070.4120.0%34.6% Lithuania2.972.280.190.4925.9%38.5% Malta0.941.740.070.0311.4%9.2% Poland3.501.480.720.4142.2%33.9% Romania1.650.900.070.0919.0%13.9% Slovakia0.820.920.140.1319.3%18.2% Slovenia0.800.660.070.0816.5%12.0% EU272.131.710.270.3225.4%27.0% EU151.451.550.320.3925.6%29.0% EU122.971.920.220.2425.2%24.6%

15 Department of Agricultural Economics The impact of the EU enlargement in 2004 Chow test 1Chow test 2Chow test 3 Austria0.00060.00090.0022 Belgium0.52350.62680.1899 Denmark0.9110 0.57410.7142 Finland 0.46260.89580.5616 France 0.27110.34870.5441 Germany0.89250.55940.4937 Greece 0.78370.84320.7437 Ireland 0.1010 0.1021 0.2278 Italy0.49290.88210.3860 Luxemburg0.40970.85660.2417 Netherlands0.61290.92010.6024 Portugal 0.48530.98130.4681 Spain 0.8712 0.54290.7084 Sweden 0.7136 0.84110.9221 UK 0.52920.89880.6641

16 Department of Agricultural Economics The impact of the EU enlargement in 2004 Chow test 1Chow test 2Chow test 3 Bulgaria 0.00150.00600.0064 Cyprus0.21500.36590.4561 Czech Republic0.69720.3185 0.0706 Estonia0.22940.58100.3758 Hungary0.07760.23590.1904 Latvia0.49620.77930.7061 Lithuania 0.20620.8804 0.0516 Malta0.64580.7576 0.8958 Poland0.00000.02240.0000 Romania0.03390.92880.0005 Slovakia 0.00250.01600.0102 Slovenia0.85880.69290.8971

17 Department of Agricultural Economics Panel unit root tests without trendwith trend IPSADFPPIPSADFPP Austria 0.0000 Belgium 0.0000 Denmark 0.0000 Finland 0.0000 France 0.0000 Germany 0.0000 Greece 0.0000 Ireland 0.0000 Italy 0.0000 0.0913 0.0004 0.0000 Luxemburg 0.0000 Netherlands 0.0000 Portugal 0.0000 Spain 0.0000 Sweden 0.0000 UK 0.0000

18 Department of Agricultural Economics Panel unit root tests without trendwith trend IPSADFPPIPSADFPP Bulgaria 0.0000 Cyprus 0.0000 Czech Republic 0.0000 Estonia 0.0000 Hungary 0.0000 Latvia 0.0000 0.2505 0.0810 0.0000 Lithuania 0.0000 Malta 0.0000 Poland 0.0000 Romania 0.0000 Slovakia 0.0000 Slovenia 0.0000

19 Department of Agricultural Economics Markov matrix of the EU27 B<1 B>1Total B<1 95.104.90100 B>113.1986.81100 Total74.0525.95100

20 Department of Agricultural Economics Mobility of B indices M1 Austria0.1502Bulgaria0.2049 Belgium0.1276Cyprus0.2880 Denmark0.1232Czech Republic0.2155 Finland0.0987Estonia0.2269 France0.1138Hungary0.1684 Germany0.1099Latvia0.2396 Greece0.2216Lithuania0.2197 Ireland0.182Malta0.2769 Italy0.1201Poland0.1763 Luxemburg0.1617Romania0.2297 Netherlands0.1607Slovakia0.2403 Portugal0.1798Slovenia0.1909 Spain0.1396EU270.1810 Sweden0.1682EU150.1473 UK0.1517EU120.2231

21 Department of Agricultural Economics Duration of revealed comparative advantages

22 Department of Agricultural Economics Duration of revealed comparative advantages

23 Department of Agricultural Economics Duration of revealed comparative advantages

24 Department of Agricultural Economics Duration of revealed comparative advantages

25 Department of Agricultural Economics Duration of revealed comparative advantages

26 Department of Agricultural Economics Duration of revealed comparative advantages

27 Department of Agricultural Economics Histogram of spells

28 Department of Agricultural Economics Spells of the B>1 1 spells2 spells3 spells4 spells5 spells6 spellstotal spellsmultiple spellsmeanmedian Austria232558000295631.21 Belgium34695152004581121.31 Bulgaria3087321100403951.31 Cyprus2316018311314831.41 Czech Republic1997512100287881.41 Denmark2717015000356851.31 Estonia232719100313811.31 Finland77195100102251.31 France3787319110472941.31 Germany2275812300300731.31 Greece325101305004611361.41 Hungary2567316200347911.31 Ireland2085920500292841.41 Italy2696918100357881.31 Latvia2987820100397991.31 Lithuania33589151004401051.31 Luxemburg132326100171391.31 Malta70500007551.11 Netherlands4451203411006101651.41 Poland31282193004161041.31 Portugal2536712000332791.31 Romania1663712200217511.31 Slovakia2205314100288681.31 Slovenia147285110182351.21 Spain40288196005151131.31 Sweden127318100167401.31 United Kingdom2286517100311831.31

29 Department of Agricultural Economics Kaplan-Meier survival rates 1 year4 year8 year12 year Austria0.93010.7160.4120.0347 Belgium0.94580.7670.49350.0895 Denmark0.9440.75440.46260.0583 Finland0.91770.67620.34780.013 France0.95090.79070.53530.1167 Germany0.930.71790.41970.0453 Greece0.94450.76730.49020.0589 Ireland0.9350.72510.42780.0353 Italy0.93550.73640.44530.0551 Luxemburg0.93060.70810.38790.0168 Netherlands0.95570.81040.57050.1765 Portugal0.9320.72230.4230.0471 Spain0.94790.78260.5290.1202 Sweden0.9220.68660.36740.0137 UK0.92840.71230.40670.034

30 Department of Agricultural Economics Kaplan-Meier survival rates 1 year4 year8 year12 year Bulgaria0.93820.74500.45040.0610 Cyprus0.94500.77000.50160.0729 Czech Republic0.93430.72110.40330.0202 Estonia0.93250.72020.42740.0382 Hungary0.95510.80100.51370.0674 Latvia0.94110.75850.46480.0680 Lithuania0.94120.76040.47940.0809 Malta0.91990.64560.39700.0092 Poland0.96650.85690.54620.0819 Romania0.94630.75760.44240.0201 Slovakia0.92770.69470.43450.0289 Slovenia0.93320.72470.39580.0148 EU270.93820.74180.45090.0548 EU150.93670.73820.44790.0610 EU120.94010.74630.45470.0470

31 Department of Agricultural Economics Conclusions  Mean export growth rate is higher in NMS than OMS  Impact of EU enlargement is restricted to only 5 of 27 countries  Convergency in comparative advantage  Trade pattern is more mobile in NMS than OMS  Duration of comparative advantage is higher in NMS than OMS

Download ppt "Agro-Food Export Competitiveness of the European Union Countries on the World Markets Imre Fertő and Štefan Bojnec."

Similar presentations

Share of population - GDP per capita (PPP), 2004 EU-15 and other West European countries Hungary Czech Republic Malta Slovenia Cyprus Portugal Greece Spain.

Share of population - GDP per capita (PPP), 2004 EU-15 and other West European countries Hungary Czech Republic Malta Slovenia Cyprus Portugal Greece Spain.
UNIVERSITY OF JYVÄSKYLÄ INTERNATIONAL COOPERATION.

UNIVERSITY OF JYVÄSKYLÄ INTERNATIONAL COOPERATION.
The European Union (EU)

The European Union (EU)
Knowledge Management LXV International Council Meeting Qawra, Malta 16 th - 23 rd of March 2014.

Knowledge Management LXV International Council Meeting Qawra, Malta 16 th - 23 rd of March 2014.
L.O TO KNOW WHAT THE EUROPEAN UNION IS AND WHAT COUNTRIES BELONG TO IT. The European Union.

L.O TO KNOW WHAT THE EUROPEAN UNION IS AND WHAT COUNTRIES BELONG TO IT. The European Union.
16 out of 27 member states Known as euro zones 2 nd largest traded currency after the dollar The name euro was officially adopted on 16 December 1995.

16 out of 27 member states Known as euro zones 2 nd largest traded currency after the dollar The name euro was officially adopted on 16 December 1995.
EUROPEAN UNION. WHAT Coalition of 30 countries united in ECONOMY World’s largest trading bloc. World’s largest exporter to the world 16 TRILLION *Biggest.

EUROPEAN UNION. WHAT Coalition of 30 countries united in ECONOMY World’s largest trading bloc. World’s largest exporter to the world 16 TRILLION *Biggest.
Standard SS6G5b: Describe the purpose of the European Union and the relationship between member nations.

Standard SS6G5b: Describe the purpose of the European Union and the relationship between member nations.
The European Union “United in Diversity”

The European Union “United in Diversity”
The European Union. “Original” 15 members of the EU 1. Austria 9. Italy 2. Belgium 10. Luxemburg 3. Denmark* 11. Netherlands 4. Finland12. Portugal 5.

The European Union. “Original” 15 members of the EU 1. Austria 9. Italy 2. Belgium 10. Luxemburg 3. Denmark* 11. Netherlands 4. Finland12. Portugal 5.
THE EUROPEAN UNION. HISTORY 28 European states after the second world war in 1951 head office: Brussels 24 different languages Austria joined 1995.

THE EUROPEAN UNION. HISTORY 28 European states after the second world war in 1951 head office: Brussels 24 different languages Austria joined 1995.
Capitalist. Main Points In a capitalist or free-market country, people can own their own businesses and property. People can also buy services for private.

Capitalist. Main Points In a capitalist or free-market country, people can own their own businesses and property. People can also buy services for private.
UEMS ORL TREASURY REPORT October 2012 M. de la Mota, F. Marchal.

UEMS ORL TREASURY REPORT October 2012 M. de la Mota, F. Marchal.
THE EUROPEAN UNION. EU  1993 European Union  Main Aims  All states in the EU = a single market  One currency throughout the EU = the Euro  To have.

THE EUROPEAN UNION. EU  1993 European Union  Main Aims  All states in the EU = a single market  One currency throughout the EU = the Euro  To have.
Strength in Numbers Mar 9 2009. The Delian League  Countries do not want to be dominated by other countries.  But there are many advantages to be gained.

Strength in Numbers Mar The Delian League  Countries do not want to be dominated by other countries.  But there are many advantages to be gained.
Presentation by Kirsten Tesh World Traveler ? European Union.

Presentation by Kirsten Tesh World Traveler ? European Union.
STATE OF PLAY : ESF FINANCIAL EXECUTION. 2 Overall 2012 ESF Budget Execution on 20/11/2012 Programmin g period 2012 Payment appropriation s mil.€ 2012.

STATE OF PLAY : ESF FINANCIAL EXECUTION. 2 Overall 2012 ESF Budget Execution on 20/11/2012 Programmin g period 2012 Payment appropriation s mil.€ 2012.
European Union – Location 3.1 Miss Richmond Standard Grade Business Management.

European Union – Location 3.1 Miss Richmond Standard Grade Business Management.
ELSA as the Franchise? LXV International Council Meeting Qawra, Malta 16 th - 23 rd of March 2014.

ELSA as the Franchise? LXV International Council Meeting Qawra, Malta 16 th - 23 rd of March 2014.
SPORTS MEDICINE SPECIALIZATION – 24 countries 1)Belarus 13)Romania 2) Bosnia & Herzegovina 14)Serbia 3) Bulgaria 15)Slovenia 4) Czech Republic 16)Spain.

SPORTS MEDICINE SPECIALIZATION – 24 countries 1)Belarus 13)Romania 2) Bosnia & Herzegovina 14)Serbia 3) Bulgaria 15)Slovenia 4) Czech Republic 16)Spain.

Similar presentations

Ads by Google