Year 2017, Volume 2, Issue 3
Year : | 2017 |
Volume : | 2 |
Issue : | 3 |
Authors : | Liliana CIMPOIES, Olga SARBU |
Title : | THE COMPETITIVENESS OF AGRICULTURAL AND FOOD PRODUCTS OF MOLDOVA ON THE FOREIGN MARKETS: ASPECTS AND TENDENCIES |
Abstract : | Competitiveness has become a key issue on international markets since it can be considered as the major source of export development. A country that utilizes the best its resources within its agricultural sector may benefit from comparative advantage on international agricultural markets. The paper analyzes the agricultural and food trade of Moldova from different aspects of inter and intra industry trade. The aim is to estimate the trend and extent of inter and intra-industry trade in agricultural and food products of Moldova. The time series from 2001 to 2015 are examined. Moldova’s share on agri-food exports is still large, but various changes occurred in the total value and the geographical structure of trade flows during the analyzed period. The analysis of competitiveness was through estimation of intra - industrial and inter- industrial trade indices (Relative Trade Advantages (RTA), Grubel-Lloyd (GL)). The obtained results indicate which agri-food products were competitive, which had relative advantages and a potential to increase its competitiveness. The level of intra-industry trade in agricultural and food products for Moldova is quite high (78%). The results of the intra-industrial trade level indicated a decrease in European Union (EU) countries and increase in relation with Commonwealth of Independent States (CIS) countries. For most commodity groups the GL values presented average high variability over time, fact which reflected the structural changes in Moldavian agri-food trade. |
For citation : | Cimpoies, L., Sarbu, O. (2017). The competitiveness of agricultural and food products of Moldova on the foreign markets: aspects and tendencies. AGROFOR International Journal, Volume 2. Issue No. 3. pp. 132-139. DOI: 10.7251/AGRENG1703132C |
Keywords : | agriculture, food, intra-industry, inter-industry, trade |
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ISSN 2490-3434 (Printed)
ISSN 2490-3442 (Online)
ISSN 2490-3442 (Online)
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