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Development of Visegrad Countries’ Agricultural Trade in Relation to Agricultural Production Development

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  • Svatos, Miroslav
  • Smutka, Lubos
  • Smutka, B.A.M.
  • Mousbah, S.A.A.

Abstract

The paper is devoted to the analysis of Visegrad coutries’ agricultural production and trade relationship. The objective is to analyze changes in agricultural production in relation to individual countries’ agricultural foreign trade performance and to identify the most important changes in area of Visegrad members’ agrarian production and trade performance and competitiveness. During the period 1993 – 2010, Visegrad countries’ agricultural production and trade were significantly affected. The volume of agricultural production was reduced especially in Slovakia, the Czech Republic and Hungary. The reduction of agricultural and foodstuff production volume in the Czech Republic and Slovakia resulted in the significant growth of imports. Hungarian trade was also negatively affected by its agricultural sector and foodstuff industry stagnation. Only Poland was able during the analyzed time period significantly improve its production and trade performance. Agricultural trade of the Czech Republic, Slovakia and Hungary does not have comparative advantages in relation to the EU and third countries market. Only Poland does have comparative advantages in the field of agricultural trade, both in relation to the EU market, as well as in relation to the global market. This paper was supported by the institutional research intentions MSM 6046070906.

Suggested Citation

  • Svatos, Miroslav & Smutka, Lubos & Smutka, B.A.M. & Mousbah, S.A.A., 2013. "Development of Visegrad Countries’ Agricultural Trade in Relation to Agricultural Production Development," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 5(1), pages 1-11, March.
  • Handle: RePEc:ags:aolpei:148104
    DOI: 10.22004/ag.econ.148104
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    References listed on IDEAS

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    3. Proudman, James & Redding, Stephen, 2000. "Evolving Patterns of International Trade," Review of International Economics, Wiley Blackwell, vol. 8(3), pages 373-396, August.
    4. World Bank, 2012. "World Development Indicators 2012," World Bank Publications - Books, The World Bank Group, number 6014, December.
    5. Jeroen Hinloopen & Charles Marrewijk, 2001. "On the empirical distribution of the Balassa index," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 137(1), pages 1-35, March.
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    Cited by:

    1. Eva Richterová & Martin Richter & Zlata Sojková, 2021. "Regional eco-efficiency of the agricultural sector in V4 regions, its dynamics in time and decomposition on the technological and pure technical eco-efficiency change," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 16(3), pages 553-576, September.
    2. Mansoor Maitah & Petr Prochazka & Michal Cermak & Karel r dl, 2016. "Commodity Channel Index: Evaluation of Trading Rule of Agricultural Commodities," International Journal of Economics and Financial Issues, Econjournals, vol. 6(1), pages 176-178.
    3. Svatoš, Miroslav & Smutka, Luboš, 2014. "Visegrad countries - agrarian foreign trade development in relation to their total merchandise trade performance," Problems of World Agriculture / Problemy Rolnictwa Światowego, Warsaw University of Life Sciences, vol. 14(29), pages 1-15, December.
    4. Mansoor Maitah & Petr Prochazka & Ales Pachmann & Karel r dl & Helena Rezbov, 2016. "Economics of Palm Oil Empty Fruit Bunches Bio Briquettes in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 6(1), pages 35-38.

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    Agricultural and Food Policy;

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