Characteristics of the Supply Chain of Tobacco and Tobacco Products: Evidence from Serbia
Serbia is a significant producer of tobacco in Europe and the only country in Europe where tobacco production is growing. Due to privatization, some of the most important multinational companies are now producing tobacco products in Serbia. Bearing in mind the liberalization of the market and the ha...
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Format: | Article |
Language: | English |
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MDPI AG
2023-08-01
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Series: | Agriculture |
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Online Access: | https://www.mdpi.com/2077-0472/13/9/1711 |
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author | Teodora Tica Bojan Matkovski Danilo Đokić Žana Jurjević |
author_facet | Teodora Tica Bojan Matkovski Danilo Đokić Žana Jurjević |
author_sort | Teodora Tica |
collection | DOAJ |
description | Serbia is a significant producer of tobacco in Europe and the only country in Europe where tobacco production is growing. Due to privatization, some of the most important multinational companies are now producing tobacco products in Serbia. Bearing in mind the liberalization of the market and the harmful effect tobacco products have on health, this research tried to analyze the tobacco and tobacco products sector in Serbia. The study’s main goal was to analyze the characteristics of the tobacco and tobacco supply chain in Serbia and determine comparative advantages and levels of integration with the world market. The methodology used in this study included the index of concentration of tobacco manufacturers, followed by a panel regression analysis to determine factors that affected profitability in this industry. Also, foreign trade performances were analyzed using the indices of revealed comparative advantages and integration. The research was conducted for the period from 2013 to the last available year. The results indicate the growth of tobacco production despite the decline in the number of farms, the highly concentrated production of tobacco products, and the significant intensification of foreign trade despite modest comparative advantages. |
first_indexed | 2024-03-10T23:09:34Z |
format | Article |
id | doaj.art-76ddcc9a5b7d4544960f854e44121b2a |
institution | Directory Open Access Journal |
issn | 2077-0472 |
language | English |
last_indexed | 2024-03-10T23:09:34Z |
publishDate | 2023-08-01 |
publisher | MDPI AG |
record_format | Article |
series | Agriculture |
spelling | doaj.art-76ddcc9a5b7d4544960f854e44121b2a2023-11-19T09:06:15ZengMDPI AGAgriculture2077-04722023-08-01139171110.3390/agriculture13091711Characteristics of the Supply Chain of Tobacco and Tobacco Products: Evidence from SerbiaTeodora Tica0Bojan Matkovski1Danilo Đokić2Žana Jurjević3Department of Finance and Accounting, Faculty of Economics in Subotica, University of Novi Sad, 24000 Subotica, SerbiaDepartment of Agricultural Economics and Agribusiness, Faculty of Economics in Subotica, University of Novi Sad, 24000 Subotica, SerbiaDepartment of Agricultural Economics and Agribusiness, Faculty of Economics in Subotica, University of Novi Sad, 24000 Subotica, SerbiaDepartment of Agricultural Economics and Agribusiness, Faculty of Economics in Subotica, University of Novi Sad, 24000 Subotica, SerbiaSerbia is a significant producer of tobacco in Europe and the only country in Europe where tobacco production is growing. Due to privatization, some of the most important multinational companies are now producing tobacco products in Serbia. Bearing in mind the liberalization of the market and the harmful effect tobacco products have on health, this research tried to analyze the tobacco and tobacco products sector in Serbia. The study’s main goal was to analyze the characteristics of the tobacco and tobacco supply chain in Serbia and determine comparative advantages and levels of integration with the world market. The methodology used in this study included the index of concentration of tobacco manufacturers, followed by a panel regression analysis to determine factors that affected profitability in this industry. Also, foreign trade performances were analyzed using the indices of revealed comparative advantages and integration. The research was conducted for the period from 2013 to the last available year. The results indicate the growth of tobacco production despite the decline in the number of farms, the highly concentrated production of tobacco products, and the significant intensification of foreign trade despite modest comparative advantages.https://www.mdpi.com/2077-0472/13/9/1711tobaccotobacco productsSerbiacomparative advantages |
spellingShingle | Teodora Tica Bojan Matkovski Danilo Đokić Žana Jurjević Characteristics of the Supply Chain of Tobacco and Tobacco Products: Evidence from Serbia Agriculture tobacco tobacco products Serbia comparative advantages |
title | Characteristics of the Supply Chain of Tobacco and Tobacco Products: Evidence from Serbia |
title_full | Characteristics of the Supply Chain of Tobacco and Tobacco Products: Evidence from Serbia |
title_fullStr | Characteristics of the Supply Chain of Tobacco and Tobacco Products: Evidence from Serbia |
title_full_unstemmed | Characteristics of the Supply Chain of Tobacco and Tobacco Products: Evidence from Serbia |
title_short | Characteristics of the Supply Chain of Tobacco and Tobacco Products: Evidence from Serbia |
title_sort | characteristics of the supply chain of tobacco and tobacco products evidence from serbia |
topic | tobacco tobacco products Serbia comparative advantages |
url | https://www.mdpi.com/2077-0472/13/9/1711 |
work_keys_str_mv | AT teodoratica characteristicsofthesupplychainoftobaccoandtobaccoproductsevidencefromserbia AT bojanmatkovski characteristicsofthesupplychainoftobaccoandtobaccoproductsevidencefromserbia AT danilođokic characteristicsofthesupplychainoftobaccoandtobaccoproductsevidencefromserbia AT zanajurjevic characteristicsofthesupplychainoftobaccoandtobaccoproductsevidencefromserbia |