IDEAS home Printed from https://ideas.repec.org/p/ags/ubgc50/161766.html
   My bibliography  Save this paper

Significance And Comparative Advantages Of The Agrarian Sector In Serbian Foreign Trade

Author

Listed:
  • Božić, Dragica
  • Nikolić, Marija M.

Abstract

The agrarian sector plays an important role for the overall economic development of Serbia as shown by the main macroeconomic indicators, including the contribution to equilibrium of payment and trade balance of the country. Serbia has a large trade deficit, therefore the agrarian sector, which is constantly (starting from 2005) achieving a positive trade balance, has an important role in overcoming the unfavourable condition of Serbian foreign trade. The share of this sector in Serbia’s total exports is increasing and in recent years exceeds 20 percent. The goal of this paper is to establish the importance of the agrarian sector in the total foreign trade of Serbia, as well as its comparative advantages on the markets of major trading partners (EU, CEFTA-2006 and some members, and countries in the neighbourhood) between 2004-2011. In the first part of the paper we analyse the importance and participation of the agrarian sector in the total foreign trade of the Serbian economy. The second part includes the basic flows, developing trends and the structure of foreign trade of the agrarian sector in Serbia by products and by most significant trading partners. Then, the revealed comparative advantage (RCA – Revealed Comparative Advantage) index, which was used for the analysis of the position and comparative advantages of the agricultural sector, is determined.

Suggested Citation

  • Božić, Dragica & Nikolić, Marija M., 2013. "Significance And Comparative Advantages Of The Agrarian Sector In Serbian Foreign Trade," 50th Anniversary Seminar, Agriculture and Rural Development -Challenges of Transition and Integration Processes, September 27, 2013 161766, University of Belgrade, Department of Agricultural Economics, Faculty of Agriculture.
    • Handle: RePEc:ags:ubgc50:161766
    DOI: 10.22004/ag.econ.161766
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/161766/files/01-Bozic-Finall.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.161766?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bojnec, Štefan & Fertő, Imre, 2007. "Comparative advantages in agro-food trade of Hungary, Croatia and Slovenia with the European Union [Komparative Vorteile Ungarns, Kroatiens und Sloweniens im Handel von Agrar- und Ernährungsgütern ," IAMO Discussion Papers 106, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    2. Fertő, Imre & Bojnec, Stefan, 2007. "Comparative Advantages in Agro-Food Trade of Central European and Balkans' Countries with the European Union," 100th Seminar, June 21-23, 2007, Novi Sad, Serbia and Montenegro 162388, European Association of Agricultural Economists.
    3. Thomas Vollrath, 1991. "A theoretical evaluation of alternative trade intensity measures of revealed comparative advantage," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(2), pages 265-280, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Svetlana Ignjatijević & Ivan Milojević & Gorica Cvijanović & Mersida Jandrić, 2015. "Balance of Comparative Advantages in the Processed Food Sector of the Danube Countries," Sustainability, MDPI, vol. 7(6), pages 1-18, May.
    2. Möllers, Judith & Zier, Patrick & Frohberg, Klaus & Buchenrieder, Gertrud & Bojnec, Štefan, 2009. "Croatia's EU accession: socio-economic assessment of farm households and policy recommendations," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 48, number 53665.
    3. Morris, Sebastian, 2007. "Agriculture: A Perspective from History, the Metrics of Comparative Advantage, and Limitations of the Market to Understand the Role of State in a Globalising World," IIMA Working Papers WP2007-02-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
    4. Beňo, Michal, 2021. "E-working: Country Versus Culture Dimension," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(2), June.
    5. Aron TOROK & Attila JAMBOR, 2016. "Determinants of the revealed comparative advantages: The case of the European ham trade," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 62(10), pages 471-482.
    6. Dominika Choros-Mrozowska, 2020. "Changes and Comparisons in Pattern of Polish Chinese Trade within the “16+1” Format," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 327-342.
    7. Vinokurov, Evgeny, 2009. "Systema Indikatorov Evraziyskoy Integracii [The System of Indicators of Eurasian Integration]," MPRA Paper 20914, University Library of Munich, Germany.
    8. Natalia Ishchukova & Luboš Smutka, 2013. "Revealed comparative advantage of Russian agricultural exports," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(4), pages 941-952.
    9. Céline CARRERE & Marco FUGAZZA & Marcelo OLARREAGA & Frédéric ROBERT-NICOUD, 2014. "Trade in Unemployment," Working Papers P101, FERDI.
    10. Vinokurov, Evgeny, 2010. "The System of Indicators of Eurasian Integration," MPRA Paper 22227, University Library of Munich, Germany.
    11. Setyastuti, Rini & Adiningsih, Sri & Widodo, Tri, 2018. "The Dynamics of Comparative Advantage in the ASEAN Region," MPRA Paper 86541, University Library of Munich, Germany.
    12. Ortiz Ojeda, Alma Lucero & Gómez Aguirre, Mario, 2017. "Competitividad de la industria textil y de la confección: el caso de México y China 1996-2012," Revista Nicolaita de Estudios Económicos, Universidad Michoacana de San Nicolás de Hidalgo, Instituto de Investigaciones Económicas y Empresariales, vol. 12(2), pages 85-111.
    13. Siegfried Bender & Kui-Wai Li, 2002. "The Changing Trade and Revealed Comparative Advantages of Asian and Latin American Manufacture Exports," Working Papers 843, Economic Growth Center, Yale University.
    14. Cameron, Martin & Viviers, Wilma & Steenkamp, Ezra, 2017. "Breaking the ‘big data’ barrier when selecting agricultural export markets: an innovative approach," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 56(2), March.
    15. Bojnec, Stefan & Ferto, Imre, 2007. "Comparative Advantages In Agro-Food Trade Of Hungary, Croatia And Slovenia With The European Union," IAMO Discussion Papers 90870, Institute of Agricultural Development in Transition Economies (IAMO).
    16. Amador, João & Cabral, Sónia & Ramos Maria, José, 2007. "International Trade Patterns over the Last Four Decades: How does Portugal Compare with other Cohesion Countries?," MPRA Paper 5996, University Library of Munich, Germany.
    17. Martin Grančay & Tomáš Dudáš, 2019. "Bilateral trade flows and comparative advantage: does the size matter?," Society and Economy, Akadémiai Kiadó, Hungary, vol. 41(4), pages 397-413, December.
    18. De Lombaerde, Philippe A.A., 2006. "Trade liberalization indexes and the evaluation of preferential trade agreements: A note on Ruiz Estrada," Journal of Policy Modeling, Elsevier, vol. 28(8), pages 877-883, November.
    19. Laosutsan, Pheesphan & Shivakoti, Ganesh P. & Soni, Peeyush, 2016. "Comparative advantage and export potential of Thai vegetable products following the integration into the ASEAN Economic Community," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 20(4), December.
    20. Babu, Suresh Chandra & Shishodia, Mahika, 2017. "Agribusiness competitiveness: Applying analytics, typology, and measurements to Africa," IFPRI discussion papers 1648, International Food Policy Research Institute (IFPRI).

    More about this item

    Keywords

    International Development; International Relations/Trade;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ubgc50:161766. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aoubgyu.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.