Competitiveness analysis of Czech agrarian foreign trade in the context of world agrarian market and agrarian trade of EU-27 countries

This paper analyses the commodity structure of Czech (CR) agrarian trade in relation to the EU countries. An emphasis is put on comparative advantages of particular aggregations from the view-point of their application on the EU internal market. This analysis is based on an evaluation of comparative...

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Main Authors: Miroslav Svatoš, Luboš Smutka
Format: Article
Language:English
Published: Mendel University Press 2010-01-01
Series:Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:
Online Access:https://acta.mendelu.cz/58/6/0503/
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author Miroslav Svatoš
Luboš Smutka
author_facet Miroslav Svatoš
Luboš Smutka
author_sort Miroslav Svatoš
collection DOAJ
description This paper analyses the commodity structure of Czech (CR) agrarian trade in relation to the EU countries. An emphasis is put on comparative advantages of particular aggregations from the view-point of their application on the EU internal market. This analysis is based on an evaluation of comparative advantages by means of a modified Balassa index. It is studied in two stages, for the internal EU market and the world market. The analysis results are then shown in a graph. Subsequently, the authors implement an idea arising from a BCG matrix on the results of the graphic presentation. The aim is to identify those aggregations (SITC, rev. 3) which are or have a potential to be a pillar of agri-business (ie, the “cash cows” and “stars”), and vice versa to show the aggregation which are non-prospective in the long term or problematic (ie, the “dogs” and “problem children”). As start are identified as those aggregations which are characterised by the highest growth rate of comparative advantage value. From the analysis results, changes are apparent if we compare the CR trade commodity structure in relation to the EU countries. Findings also concern the development of comparative advantages and following CR specialisation on trade with certain aggregations.
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spelling doaj.art-cc1474327ea44d458843f33bce83d3a32022-12-22T01:55:00ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102010-01-0158650351410.11118/actaun201058060503Competitiveness analysis of Czech agrarian foreign trade in the context of world agrarian market and agrarian trade of EU-27 countriesMiroslav Svatoš0Luboš Smutka1Katedra ekonomiky, Česká zemědělská univerzita v Praze, Kamýcká 129, Praha 6 – Suchdol, 165 21 Praha, Česká republikaKatedra ekonomiky, Česká zemědělská univerzita v Praze, Kamýcká 129, Praha 6 – Suchdol, 165 21 Praha, Česká republikaThis paper analyses the commodity structure of Czech (CR) agrarian trade in relation to the EU countries. An emphasis is put on comparative advantages of particular aggregations from the view-point of their application on the EU internal market. This analysis is based on an evaluation of comparative advantages by means of a modified Balassa index. It is studied in two stages, for the internal EU market and the world market. The analysis results are then shown in a graph. Subsequently, the authors implement an idea arising from a BCG matrix on the results of the graphic presentation. The aim is to identify those aggregations (SITC, rev. 3) which are or have a potential to be a pillar of agri-business (ie, the “cash cows” and “stars”), and vice versa to show the aggregation which are non-prospective in the long term or problematic (ie, the “dogs” and “problem children”). As start are identified as those aggregations which are characterised by the highest growth rate of comparative advantage value. From the analysis results, changes are apparent if we compare the CR trade commodity structure in relation to the EU countries. Findings also concern the development of comparative advantages and following CR specialisation on trade with certain aggregations.https://acta.mendelu.cz/58/6/0503/competitivenessagrarian tradeCzech RepublicworldEUanalysis
spellingShingle Miroslav Svatoš
Luboš Smutka
Competitiveness analysis of Czech agrarian foreign trade in the context of world agrarian market and agrarian trade of EU-27 countries
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
competitiveness
agrarian trade
Czech Republic
world
EU
analysis
title Competitiveness analysis of Czech agrarian foreign trade in the context of world agrarian market and agrarian trade of EU-27 countries
title_full Competitiveness analysis of Czech agrarian foreign trade in the context of world agrarian market and agrarian trade of EU-27 countries
title_fullStr Competitiveness analysis of Czech agrarian foreign trade in the context of world agrarian market and agrarian trade of EU-27 countries
title_full_unstemmed Competitiveness analysis of Czech agrarian foreign trade in the context of world agrarian market and agrarian trade of EU-27 countries
title_short Competitiveness analysis of Czech agrarian foreign trade in the context of world agrarian market and agrarian trade of EU-27 countries
title_sort competitiveness analysis of czech agrarian foreign trade in the context of world agrarian market and agrarian trade of eu 27 countries
topic competitiveness
agrarian trade
Czech Republic
world
EU
analysis
url https://acta.mendelu.cz/58/6/0503/
work_keys_str_mv AT miroslavsvatos competitivenessanalysisofczechagrarianforeigntradeinthecontextofworldagrarianmarketandagrariantradeofeu27countries
AT lubossmutka competitivenessanalysisofczechagrarianforeigntradeinthecontextofworldagrarianmarketandagrariantradeofeu27countries