Agrarian potentials in the reindustrialization of Serbia: Import of inputs and the opportunity costs of development

After transitional debacles and failures, structural degradation and recession, reindustrialization is imposed as a crucial stage in the economic development of Serbia. The production-market potentials of the agro-complex (as a complex economic subsystem of pre-farm, farm and post-farm activities) a...

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Main Authors: Milanović Milan R., Stevanović Simo, Dimitrijević Bojan
Format: Article
Language:English
Published: Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt 2016-01-01
Series:Ekonomika Poljoprivrede (1979)
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2016/0352-34621601143M.pdf
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author Milanović Milan R.
Stevanović Simo
Dimitrijević Bojan
author_facet Milanović Milan R.
Stevanović Simo
Dimitrijević Bojan
author_sort Milanović Milan R.
collection DOAJ
description After transitional debacles and failures, structural degradation and recession, reindustrialization is imposed as a crucial stage in the economic development of Serbia. The production-market potentials of the agro-complex (as a complex economic subsystem of pre-farm, farm and post-farm activities) and its place in the national economy open the significant possibilities of the revitalization of the industries of agrarian inputs (agricultural machines and equipment, mineral fertilizers and pesticides). Considering the structural significance of the pre-farm agrarian sector in the Serbian economy, this paper analyzes the fundamental features of production and the foreign-trade exchange, especially the dynamics and changes in the volume and structure of production and the import of agrarian inputs. On that basis, through a target comparative analysis of multi-year data series (1986-2011), the paper explores the trends of production and employment, identifies transitional distortions and the growing import dependence of the Serbian economy and the agro-complex in particular, considers the agrarian potentials in a possible reindustrialization primarily via the revitalization of the industry of agrarian inputs, and highlights a special phenomenon of the opportunity costs of the Serbian agrarian development.
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spelling doaj.art-5db20aba383a4dd594f1d6e216840ed42022-12-22T00:51:48ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532016-01-0163114315810.5937/ekoPolj1601143M0352-34621601143MAgrarian potentials in the reindustrialization of Serbia: Import of inputs and the opportunity costs of developmentMilanović Milan R.0Stevanović Simo1Dimitrijević Bojan2Megatrend University, Belgrade, SerbiaUniversity of Belgrade, Faculty of Agriculture, Belgrade, SerbiaUniversity of Belgrade, Faculty of Agriculture, Belgrade, SerbiaAfter transitional debacles and failures, structural degradation and recession, reindustrialization is imposed as a crucial stage in the economic development of Serbia. The production-market potentials of the agro-complex (as a complex economic subsystem of pre-farm, farm and post-farm activities) and its place in the national economy open the significant possibilities of the revitalization of the industries of agrarian inputs (agricultural machines and equipment, mineral fertilizers and pesticides). Considering the structural significance of the pre-farm agrarian sector in the Serbian economy, this paper analyzes the fundamental features of production and the foreign-trade exchange, especially the dynamics and changes in the volume and structure of production and the import of agrarian inputs. On that basis, through a target comparative analysis of multi-year data series (1986-2011), the paper explores the trends of production and employment, identifies transitional distortions and the growing import dependence of the Serbian economy and the agro-complex in particular, considers the agrarian potentials in a possible reindustrialization primarily via the revitalization of the industry of agrarian inputs, and highlights a special phenomenon of the opportunity costs of the Serbian agrarian development.http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2016/0352-34621601143M.pdfagricultureagrarian inputsimport dependencereindustrializationopportunity costs
spellingShingle Milanović Milan R.
Stevanović Simo
Dimitrijević Bojan
Agrarian potentials in the reindustrialization of Serbia: Import of inputs and the opportunity costs of development
Ekonomika Poljoprivrede (1979)
agriculture
agrarian inputs
import dependence
reindustrialization
opportunity costs
title Agrarian potentials in the reindustrialization of Serbia: Import of inputs and the opportunity costs of development
title_full Agrarian potentials in the reindustrialization of Serbia: Import of inputs and the opportunity costs of development
title_fullStr Agrarian potentials in the reindustrialization of Serbia: Import of inputs and the opportunity costs of development
title_full_unstemmed Agrarian potentials in the reindustrialization of Serbia: Import of inputs and the opportunity costs of development
title_short Agrarian potentials in the reindustrialization of Serbia: Import of inputs and the opportunity costs of development
title_sort agrarian potentials in the reindustrialization of serbia import of inputs and the opportunity costs of development
topic agriculture
agrarian inputs
import dependence
reindustrialization
opportunity costs
url http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2016/0352-34621601143M.pdf
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AT dimitrijevicbojan agrarianpotentialsinthereindustrializationofserbiaimportofinputsandtheopportunitycostsofdevelopment