Assessing the Agricultural Trade Complementarity of Mercosur and the European Union

Kód výsledku v 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>

Výsledek na webu

<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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Jazyk výsledku

angličtina

Název v původním jazyce

Assessing the Agricultural Trade Complementarity of Mercosur and the European Union

Popis výsledku v původním jazyce

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&apos; 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&apos;s export specialization and EU&apos;s import specialization when compared to the import specialization typical for the world market. From the EU&apos;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.

Název v anglickém jazyce

Assessing the Agricultural Trade Complementarity of Mercosur and the European Union

Popis výsledku anglicky

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&apos; 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&apos;s export specialization and EU&apos;s import specialization when compared to the import specialization typical for the world market. From the EU&apos;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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2020

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

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

Počet stran výsledku

8

Strana od-do

418-425

Název nakladatele

Česká zemědělská univerzita v Praze

Místo vydání

Praha

Místo konání akce

Praha

Datum konání akce

16. 9. 2020

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000651198600050