Assessing the Agricultural Trade Complementarity of Mercosur and the European Union
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F20%3A43918503" target="_blank" >RIV/62156489:43310/20:43918503 - isvavai.cz</a>
Result on the web
<a href="https://ap.pef.czu.cz/dl/88730?lang=en" target="_blank" >https://ap.pef.czu.cz/dl/88730?lang=en</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Assessing the Agricultural Trade Complementarity of Mercosur and the European Union
Original language description
This article aims to assess the level and changes in agri-food trade complementarity of MERCOSUR and EU by employing 3 different methods when interrogating the nature and pattern of trade between MERCOSUR and EU. The Trade complementarity index, the Export similarity index and the Spearman' rank correlation coefficients of the competitiveness indicators were used to assess the agri-food trade complementarity of MERCOSUR and EU. The analysis of the complementarity is concentrated on the period from 1999 to 2018. The agri-food trade is defined broadly as 59 products / sectors by SITC classification. The data for analysis came from UNCTAD. The analysis was done at aggregated level (the bilateral trade relations of specific countries are not assessed). The scores of the export similarity index and the association between trade competitiveness indices imply that the MERCOSUR and EU28 (as a blocks) are weakly complementary in agriculture trade in the world market. Also, the decreases of scores indicate that MERCOSUR and EU are getting less substitutable (less competing) on the world market. The results of the trade complementarity index indicate the weak complementarity of the MERCOSUR's export specialization and EU's import specialization when compared to the import specialization typical for the world market. From the EU's perspective, the results of the trade complementarity index indicate that the export and import specializations are similar to the world economy. The result provides relevant policy-related information that contributes to regional and inter-regional integration programs.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Agrarian Perspectives XXIX: Trends and Challenges of Agrarian Sector: Proceedings of the 29th International Scientific Conference
ISBN
978-80-213-3041-2
ISSN
1213-7960
e-ISSN
2464-4781
Number of pages
8
Pages from-to
418-425
Publisher name
Česká zemědělská univerzita v Praze
Place of publication
Praha
Event location
Praha
Event date
Sep 16, 2020
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000651198600050