The Balassa Index In Determining The Comparative Advantages Of Agricultural Products In Exports Cover Image

Баласа индекс у одређивању компаративних предности пољопривредних производа у извозу
The Balassa Index In Determining The Comparative Advantages Of Agricultural Products In Exports

Author(s): Jovan Babović, Dragomir Đorđević, Svetlana Ignjatijević
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: Comparative Advantage in Exports; Exports of Agricultural Products; Competitive Advantage of Agriculture; Balassa Index (RCA)

Summary/Abstract: The study of comparative and competitive advantages of agriculture contributes to an increase in productivity and structural changes in production, development of a quality assortment in product processing and greater export dynamics. The subject of this research is the analysis of the comparative advantage of exporting Serbian agricultural and food products into the European market. The authors considered the arable land per capita, incomes, export per country and the foreign trade balance between Serbia and the EU, by applying the Balassa Index (RCA - Revealed Comparative Advantage) of the revealed comparative advantage and a modified model of the revealed comparative advantage (Sm). The products of outstanding comparative advantage are: cattle, corn, crude soybean oil, refined sugar and wheat flour. The products of significant comparative advantage are: raspberries, sugar-free mineral and carbonated water, sour cherries, refined sunflower oil, milk and sour cream, and mineral and carbonated water with added sugar. The products of satisfactory comparative advantage are: malt beer, corn seed and hybrid corn, non-alcoholic beverages, sweet biscuits, raw sunflower oil and food products made from cocoa.

  • Issue Year: 2012
  • Issue No: 04
  • Page Range: 1783-1800
  • Page Count: 18
  • Language: Serbian