The competitiveness of the EU sugar industry

This research investigates competitiveness of sugar manufacturing companies of the European Union (EU). Sugar industry represents a vital part of the EU food and beverages industry. The aim of the research is to show how EU sugar producers can be more competitive on internal and global sugar market....

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Main Authors: Tomislav Galović, Heri Bezić
Format: Article
Language:deu
Published: Faculty of Economics University of Rijeka 2019-06-01
Series:Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
Subjects:
Online Access:https://www.efri.uniri.hr/upload/Zbornik_1_2019/04-Galovic-Bezic-2019-1.pdf
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author Tomislav Galović
Heri Bezić
author_facet Tomislav Galović
Heri Bezić
author_sort Tomislav Galović
collection DOAJ
description This research investigates competitiveness of sugar manufacturing companies of the European Union (EU). Sugar industry represents a vital part of the EU food and beverages industry. The aim of the research is to show how EU sugar producers can be more competitive on internal and global sugar market. The methodology includes dynamic panel data models using sample covering up to 189 sugar manufacturing companies from 25 EU Member States in the period 2008-2016. The key results demonstrate different impact of technology (Research and development activity), investments, sugar beet production, costs of employees, gas and sugar beet prices on average revenue of the EU sugar industry. The results confirm the importance of inputs such as natural gas, revenues from the previous period and investments as key factors of EU sugar industry competitiveness. The proposals and recommendations are presented after research results.
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format Article
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last_indexed 2024-12-10T20:55:55Z
publishDate 2019-06-01
publisher Faculty of Economics University of Rijeka
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series Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
spelling doaj.art-6e266e1b58124000b50ffc8095b675dc2022-12-22T01:33:58ZdeuFaculty of Economics University of RijekaZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu1331-80041846-75202019-06-0137117318910.18045/zbefri.2019.1.173The competitiveness of the EU sugar industryTomislav Galović0Heri Bezić1technological policy and competitiveness, international businesstechnological policy and competitiveness, international businessThis research investigates competitiveness of sugar manufacturing companies of the European Union (EU). Sugar industry represents a vital part of the EU food and beverages industry. The aim of the research is to show how EU sugar producers can be more competitive on internal and global sugar market. The methodology includes dynamic panel data models using sample covering up to 189 sugar manufacturing companies from 25 EU Member States in the period 2008-2016. The key results demonstrate different impact of technology (Research and development activity), investments, sugar beet production, costs of employees, gas and sugar beet prices on average revenue of the EU sugar industry. The results confirm the importance of inputs such as natural gas, revenues from the previous period and investments as key factors of EU sugar industry competitiveness. The proposals and recommendations are presented after research results.https://www.efri.uniri.hr/upload/Zbornik_1_2019/04-Galovic-Bezic-2019-1.pdfcompetitivenesssugar industrythe EUGMM estimator
spellingShingle Tomislav Galović
Heri Bezić
The competitiveness of the EU sugar industry
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
competitiveness
sugar industry
the EU
GMM estimator
title The competitiveness of the EU sugar industry
title_full The competitiveness of the EU sugar industry
title_fullStr The competitiveness of the EU sugar industry
title_full_unstemmed The competitiveness of the EU sugar industry
title_short The competitiveness of the EU sugar industry
title_sort competitiveness of the eu sugar industry
topic competitiveness
sugar industry
the EU
GMM estimator
url https://www.efri.uniri.hr/upload/Zbornik_1_2019/04-Galovic-Bezic-2019-1.pdf
work_keys_str_mv AT tomislavgalovic thecompetitivenessoftheeusugarindustry
AT heribezic thecompetitivenessoftheeusugarindustry
AT tomislavgalovic competitivenessoftheeusugarindustry
AT heribezic competitivenessoftheeusugarindustry