Competitiveness of the agri-food sector of the Republic of Serbia
The competitiveness of the agri-food products is one of the key factors for promoting export and economic development, especially in developing countries. Competitiveness can be influenced by increasing productivity, applying modern knowledge, innovating processing capacities and producing a high-qu...
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| Format: | Article |
| Language: | English |
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University of Belgrade - Faculty of Agriculture, Belgrade
2023-01-01
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| Series: | Journal of Agricultural Sciences (Belgrade) |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1450-8109/2023/1450-81092303347D.pdf |
| _version_ | 1827589071380152320 |
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| author | Dimitrijević Miloš S. Čakajac Božidar M. Milojević Igor R. |
| author_facet | Dimitrijević Miloš S. Čakajac Božidar M. Milojević Igor R. |
| author_sort | Dimitrijević Miloš S. |
| collection | DOAJ |
| description | The competitiveness of the agri-food products is one of the key factors for promoting export and economic development, especially in developing countries. Competitiveness can be influenced by increasing productivity, applying modern knowledge, innovating processing capacities and producing a high-quality final product with high added value. The agriculture of Serbia is very important for economic growth. In order to improve the competitive advantage of the agri-food sector in foreign markets, it is important to increase its efficiency by introducing modern technologies and approaches. The subject of the paper is to examine the most important export agri-food products of Serbia, as well as the most important markets for their exports. Using the RCA and ARCA indices, the comparative advantages of these products in trade were examined, which is the goal of the research. Multiple regression was then also used to examine the impact on exports. Although significant agri-food products achieve comparative advantages, the decline in their competitiveness has a negative impact on exports. Low pricing policies, as well as inadequate product quality cannot maintain competitiveness in the long run. The structure of the export of agricultural products is also unsatisfactory, bearing in mind that they are products with a low level of processing, and low added value. Therefore, it is necessary to invest in modern equipment, develop innovative approaches, such as organic production and the introduction of innovations to improve quality standards, differentiate products and create a final product with high added value, as important prerequisites for improving competitiveness and promoting the export of the agri-food sector. |
| first_indexed | 2024-03-09T00:49:27Z |
| format | Article |
| id | doaj.art-5624847a09114827bf5c10e02a25f213 |
| institution | Directory Open Access Journal |
| issn | 1450-8109 2406-0968 |
| language | English |
| last_indexed | 2024-03-09T00:49:27Z |
| publishDate | 2023-01-01 |
| publisher | University of Belgrade - Faculty of Agriculture, Belgrade |
| record_format | Article |
| series | Journal of Agricultural Sciences (Belgrade) |
| spelling | doaj.art-5624847a09114827bf5c10e02a25f2132023-12-11T17:15:43ZengUniversity of Belgrade - Faculty of Agriculture, BelgradeJournal of Agricultural Sciences (Belgrade)1450-81092406-09682023-01-0168334736110.2298/JAS2303347D1450-81092303347DCompetitiveness of the agri-food sector of the Republic of SerbiaDimitrijević Miloš S.0https://orcid.org/0000-0001-9253-8876Čakajac Božidar M.1https://orcid.org/0000-0002-8764-6407Milojević Igor R.2University of Kragujevac, Faculty of Economics, Kragujevac, SerbiaUniversity of Kragujevac, Faculty of Economics, Kragujevac, SerbiaUniversity of Kragujevac, Faculty of Economics, Kragujevac, SerbiaThe competitiveness of the agri-food products is one of the key factors for promoting export and economic development, especially in developing countries. Competitiveness can be influenced by increasing productivity, applying modern knowledge, innovating processing capacities and producing a high-quality final product with high added value. The agriculture of Serbia is very important for economic growth. In order to improve the competitive advantage of the agri-food sector in foreign markets, it is important to increase its efficiency by introducing modern technologies and approaches. The subject of the paper is to examine the most important export agri-food products of Serbia, as well as the most important markets for their exports. Using the RCA and ARCA indices, the comparative advantages of these products in trade were examined, which is the goal of the research. Multiple regression was then also used to examine the impact on exports. Although significant agri-food products achieve comparative advantages, the decline in their competitiveness has a negative impact on exports. Low pricing policies, as well as inadequate product quality cannot maintain competitiveness in the long run. The structure of the export of agricultural products is also unsatisfactory, bearing in mind that they are products with a low level of processing, and low added value. Therefore, it is necessary to invest in modern equipment, develop innovative approaches, such as organic production and the introduction of innovations to improve quality standards, differentiate products and create a final product with high added value, as important prerequisites for improving competitiveness and promoting the export of the agri-food sector.https://scindeks-clanci.ceon.rs/data/pdf/1450-8109/2023/1450-81092303347D.pdfcompetitivenessagri-food sectorrcaarca |
| spellingShingle | Dimitrijević Miloš S. Čakajac Božidar M. Milojević Igor R. Competitiveness of the agri-food sector of the Republic of Serbia Journal of Agricultural Sciences (Belgrade) competitiveness agri-food sector rca arca |
| title | Competitiveness of the agri-food sector of the Republic of Serbia |
| title_full | Competitiveness of the agri-food sector of the Republic of Serbia |
| title_fullStr | Competitiveness of the agri-food sector of the Republic of Serbia |
| title_full_unstemmed | Competitiveness of the agri-food sector of the Republic of Serbia |
| title_short | Competitiveness of the agri-food sector of the Republic of Serbia |
| title_sort | competitiveness of the agri food sector of the republic of serbia |
| topic | competitiveness agri-food sector rca arca |
| url | https://scindeks-clanci.ceon.rs/data/pdf/1450-8109/2023/1450-81092303347D.pdf |
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