Are new EU member states catching up with older ones on global agri-food markets?
Bojnec, Štefan ; Fertő, Imre
This article investigates price and quality competitiveness and comparative advantage in the new and old European Union member states' agri-food trade on the global market between 2000 and 2011. The ...empirical results show that the new and old member states have become more similar in successful agri-food competitiveness and comparative advantages. The shares of successful price and successful quality competition were greater in the structure of the two-way matched agri-food trade than the shares of unsuccessful price and unsuccessful quality competition. Only the oneway export share or the one-way import share was less important in their agri-food trade structures. Successful price competition and successful quality competition were consistent with revealed comparative advantage as confirmed by the duration analysis.
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