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  • Determinants of agro-food trade competition of Central European countries with the European Union
    Bojnec, Štefan ; Fertő, Imre
    The two-way trade flows are classified into four competition categoriesČ successful price competition when trade surplus is at lower export than import price, unsuccessful price competition when ... trade deficit is at higher export than import price, successful quality competition when trade surplus isat higher export than import price, and unsuccessful quality competition when trade deficit is at lower export than import price. Using a panel dataset of determinants of agro-food trade competition between the five Central European Countries (Czech Republic, Hungary, Poland, Slovakia, and Slovenia) and the European Union, we found the effect of trade balance on trade competition to be more significant than the effect of export-import unit values. Natural, and to a lesser extent human factor endowments increase price and quality competition and reduce unsuccessful price and quality competition. R&D expenditures improve quality competition and reduce price competition. Foreign direct investment reduces unsuccessful price competition and increases unsuccessful quality competition. The size of the economy improves price competition and reduces quality competition. Consumer demands associated with higher level of income per capita increase unsuccessful price and quality competition.
    Vir: China economic review. - ISSN 1043-951X (Vol. 20, Is. 2, 2009, str. 327-337)
    Vrsta gradiva - članek, sestavni del ; neleposlovje za odrasle
    Leto - 2009
    Jezik - angleški
    COBISS.SI-ID - 3169495
    DOI

vir: China economic review. - ISSN 1043-951X (Vol. 20, Is. 2, 2009, str. 327-337)
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