The competitiveness and comparative advantage of the Slovak and the EU agri-food trade with Russia and Ukraine
A. Qineti, M. Rajcaniova, E. Matejkovahttps://doi.org/10.17221/42/2009-AGRICECONCitation:Qineti A., Rajcaniova M., Matejkova E. (2009): The competitiveness and comparative advantage of the Slovak and the EU agri-food trade with Russia and Ukraine. Agric. Econ. – Czech, 55: 375-383.
The paper investigates comparative advantages and competitiveness of Slovak and the EU 27 agri-food trade in markets of two countries: Russia and Ukraine. Our aim is to see the dynamics of the agri-food trade for the analyzed countries especially in the post-accession period. Applying a trade dataset from the EUROSTAT and based on the approach applied by Bojnec and Fertő (2006), we describe the pattern of agri-food trade in Slovakia and the EU using the Balassa index. The extent of trade specialization exhibits a declining trend in the country. It has lost comparative advantage for a number of product groups over time. The indices of specialization have tended to converge. For the particular product groups, the indices display a greater variation. They are stable for the product groups with comparative disadvantage, but the product groups with strong comparative advantage show a significant variation. There are also shown different tendencies for different markets i.e. the trade patterns between the Slovak Republic and the EU 27 with Russia and Ukraine.Keywords:comparative advantage, agri-food trade, EU 27, Slovak Republic, Russia, Ukraine