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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Main Authors: Teodora Tica, Bojan Matkovski, Danilo Đokić, Žana Jurjević
Format: Article
Language:English
Published: MDPI AG 2023-08-01
Series:Agriculture
Subjects:
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.
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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
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AT bojanmatkovski characteristicsofthesupplychainoftobaccoandtobaccoproductsevidencefromserbia
AT danilođokic characteristicsofthesupplychainoftobaccoandtobaccoproductsevidencefromserbia
AT zanajurjevic characteristicsofthesupplychainoftobaccoandtobaccoproductsevidencefromserbia