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Agricultural and Food Competitiveness in Transition Central and Eastern European Countries: Social Profit Rate and Domestic Resource Cost Approaches

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  • Bojnec, Stefan

Abstract

Agricultural and food products in Central and Eastern European countries (CEECs) in transition to a market economy experienced improvements in international competitiveness in crops (wheat and sunflower) and higher value-added processed products. Less improvement in competitiveness is for animal products. The international competitiveness is in to some extent maintained by lower factor prices, which are likely to increase by increase in shadow prices of land and labour. Product quality, technology and efficiency improvements and rationalisation of costs, particularly in animal production and food processing are areas for improvements of international competitiveness in CEECs agriculture and the food sector.

Suggested Citation

  • Bojnec, Stefan, 2002. "Agricultural and Food Competitiveness in Transition Central and Eastern European Countries: Social Profit Rate and Domestic Resource Cost Approaches," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 3(2), pages 1-17, August.
    • Handle: RePEc:ags:aergaa:26460
    DOI: 10.22004/ag.econ.26460
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    References listed on IDEAS

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    1. Hughes, Gordon A & Hare, Paul, 1994. "The International Competitiveness of Industries in Bulgaria, Czechoslovakia, Hungary, and Poland," Oxford Economic Papers, Oxford University Press, vol. 46(2), pages 200-221, April.
    2. Hughes, Gordon & Hare, Paul G, 1992. "Industrial Policy and Restructuring in Eastern Europe," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 8(1), pages 82-104, Spring.
    3. Matthew Gorton & Sophia Davidova, 2001. "The International Competitiveness of CEEC Agriculture," The World Economy, Wiley Blackwell, vol. 24(2), pages 185-200, February.
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