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Intra-Industry Trade In Agri-Food Products Between Hungary And The Eu

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  • Ferto, Imre
  • Hubbard, Lionel J.

Abstract

We present an analysis of the intra-industry nature of agri-food trade between Hungary and the European Union, following the Association Agreement signed in 1991. A slight growth in intra-industry trade is indicated by the Grubel-Lloyd index. However, it is not uniform by product group or EU member state or over time, reflecting different patterns of bilateral integration and an economic restructuring process that is far from complete. Marginal intra-industry trade appears to be low, but assumes greater significance when the index is broadened to include vertical as well as horizontal trade. Thus, growth in agri-food trade between Hungary and the EU over the period 1992-98 is shown to be dominated by vertical intra-industry trade and inter-industry trade. Adjustment costs due to partial trade liberalisation are likely therefore to have been relatively high.

Suggested Citation

  • Ferto, Imre & Hubbard, Lionel J., 2001. "Intra-Industry Trade In Agri-Food Products Between Hungary And The Eu," 2001 Annual meeting, August 5-8, Chicago, IL 20450, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea01:20450
    DOI: 10.22004/ag.econ.20450
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    Cited by:

    1. Luka, Oksana & Levkovych, Inna, 2004. "Intra-industry trade in agricultural and food products: the case of Ukraine," IAMO Discussion Papers 78, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    2. Frank Barry & Aoife Hannan & Elaine Hudson & Colm Kearney, 2002. "Competitiveness Implications for Ireland of EU Enlargement," Working Papers 200224, School of Economics, University College Dublin.
    3. Ramanovich, Mikhail, 2010. "Zur Bestimmung der Wettbewerbsfähigkeit des weißrussischen Milchsektors: Aussagefähigkeit von Wettbewerbsindikatoren und Entwicklung eines kohärenten Messungskonzepts," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 53, number 94739, September.
    4. Luka, Oksana & Levkovych, Inna, 2004. "Intra-Industry Trade In Agricultural And Food Products: The Case Of Ukraine," IAMO Discussion Papers 14923, Institute of Agricultural Development in Transition Economies (IAMO).
    5. Ferenczi, T., 2003. "Implications of the enlargement of the European Union on the agricultural and food sector in Hungary," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 38.
    6. Levkovych, Inna, 2011. "Der ukrainische Außenhandel mit Produkten der Agrar- und Ernährungswirtschaft: Eine quantitative Analyse aus Sicht traditioneller und neuer Außenhandelstheorien," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 59, number 109520, September.
    7. Ferto, Imre, 2006. "Reconsidering Adjustment Costs of the Association Agreement. The Case of Hungarian Food Industry," 2006 Annual meeting, July 23-26, Long Beach, CA 21037, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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