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Prospects Of Improving The Competitiveness Of Serbian Agriculture In (Re)Industrialization Process

Author

Listed:
  • Jelena Birovljev

    (University of Novi Sad, Faculty of Economics Subotica)

  • Biljana Ćetković

    (University of Novi Sad, Faculty of Economics Subotica)

  • Goran Vukmirović

    (University of Novi Sad, Faculty of Economics Subotica)

Abstract

Competitiveness in the international business environment is a key instrument of success and evaluation of created value of all participants in the value chain. It can be assessed using a variety of indicators, taking into account many factors affecting its complex structure. Hence, it is a framework affirming the competitive advantages/disadvantages on the macro and micro-level as well as on the level of companies and their product offer. Competitiveness can be analyzed at the levels of national economy, industrial sectors, as well as individual products level. The most common approach to the comparison of achieved competitiveness level relates to product costs and/or market price compared to quality (value) aspects of the product/service. Prices and the quality of inputs feature as the starting points for competitiveness of the national economy. Efficiency of operations recognizes the impact of all inputs, especially those whose relative share in the total production cost is high. In contrast to the highly automated production processes, agriculture remains a labour-intensive activity, despite the increase in the level of automation. It is an exception compared to other industries due to the high impact of the effects of climate and other natural factors productivity. At the same time, agriculture is a very important economic and social field of activity, and different concepts of macroeconomic measures are developed in different national economies to stimulate the balanced regional development of agricultural production. Macroeconomic factors that determine overall business environment for the development and competitiveness of agriculture have a very high level of impact on the competitiveness of agricultural products in the Republic of Serbia.

Suggested Citation

  • Jelena Birovljev & Biljana Ćetković & Goran Vukmirović, 2013. "Prospects Of Improving The Competitiveness Of Serbian Agriculture In (Re)Industrialization Process," Serbian Association of Economists Journal, SAE - Serbian Association of Economists, issue 5-6, pages 364-372, September.
    • Handle: RePEc:srb:journl:y:2013:i:5-6:p:364-372
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    File URL: http://www.ses.org.rs/ekonomika-preduzeca/2013-5-6-06.pdf
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    References listed on IDEAS

    as
    1. Fenyvesi, Laszlo & Erdeine Kesmarki-Gally, Szilvia, 2012. "Boosting the competitiveness of agricultural production in Hungary through an innovation system," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 114(2), pages 1-5, October.
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    Cited by:

    1. Anna Nowak & Monika Różańska-Boczula, 2021. "The Competitiveness of Agriculture in EU Member States According to the Competitiveness Pyramid Model," Agriculture, MDPI, vol. 12(1), pages 1-12, December.
    2. Subić Jonel & Jeločnik Marko, 2023. "Economic Efficiency of Investment in Facilities and Equipment for Grains Storing," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 17(1), pages 1476-1486, July.

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    More about this item

    Keywords

    competitiveness; price comparison; macroeconomic measures;
    All these keywords.

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General

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