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The enlargement of the EU in 2004 imposed new possibilities and threats for the Central and Eastem European countries which had so far successfully protected their markets. The presenting paper tries to explore that how the agricultural foreign trade of Hungary changes in relation to the countries of the Visegrad group and what are the trends? Although the foreign trade balance is positive in total (except for Poland), the specific indices have not yet changed after the enlargement, thus the trade turn over increased by value added, has not been realized and Hungary could not develop advantageous conditions (value orientation instead of ąuantity) in the first years of integration which may have considerable competitive conseąuences.
The paper proposes two methods of expressing the turnover of foreign trade in dairy products using a milk equivalent. The first of them is based on applying conversion ratios indicating how many liters of milk are needed to manufacture a unit of a given product. The ratio allowing calculation of butter quantity that could be obtained from fat retained during processing milk into individual products is used in this method as supplementary. The second of the presented methods for calculation of milk equivalent is based on the chemical composition (content of protein and fat) of dairy products and milk purchased.
The aim of the paper was to identify the changes in bilateral trade in agri-food products between the EU and China, as well as to assess – in mutual relations – ex post competitive advantages of major groups of agri-food products in 2008– 2015. The research is based on data from the Statistical Office of the European Union (Eurostat). The analysis covered the value, trade balance, shares in total trade and commodity structure of trade in agri-food products between the EU and China. Selected indices of revealed comparative advantage (XRCA, MRCA, RTA), Coverage Ratios (CR), Specialization Indicators (SI), and the indices of Intra-Industry Trade (IIT) were calculated for major product groups of the Combined Nomenclature. It was proved that bilateral trade in agri-food products between the EU and China has increased signifi cantly in 2008–2015, and the EU transformed from an importer to a net exporter. Despite the intensification of mutual trade, the importance of China in the EU export of agri-food products remained relatively small. The structure of bilateral trade in agri-food products between the EU and China is consistent with the distribution of comparative advantages obtained by exporters and it is shaped under assumptions of the theory of similarity of preferences, the theory of product differentiation of the Armington type, and the Heckscher-Ohlin-Samuelson theorem of resources abundance. It can be considered that the Chinese agri-food sector is still in the stage of a factor-driven economy, while the agriculture and food industry in the EU countries has reached the stage of an innovation-driven economy.
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The trade competitiveness of furniture products

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The production of wood-based furniture is the final stage in the wood processing chain. Foreign trade in furniture indicates the success of the sector and its competitiveness on international markets. The aim of this paper is to evaluate the trade competitiveness, and its trend, in the furniture manufacturing industry in both the Czech Republic and the Slovak Republic for a period of ten years, through the implementation of indicators based on industry foreign trade data and using mathematical and statistical methods. A system of indicators was set up and the hypothesis: “In the furniture industry the competitive potential is used insufficiently” was proposed. The results achieved confirmed the hypothesis, however, despite the furniture industry showing an active foreign trade balance, it contributed little to the country’s trade balance surplus and low values of the indicators of Revealed Comparative Advantage (RCA) were achieved. Therefore, the industry gradually loses its competitive ability.
The aim of the current research is to study the effects of economic integration within the Cooperation Council for the Arab States of the Gulf (CCASG) and its influence on the trade within the region as well as with other countries. The trade development of member countries of the Cooperation Council for the Arab States of the Gulf was analysed with the help of gravitation model in the context of the existing agreements of the trading preferences on the Middle East and North Africa. It was proved that establishment of CCASG made extremely positive influence on the development of the intraregional trade. It was also discovered that economic integration of the CCASG members showed rather the effect of trade creation than the effect of trade diversion. Signing of free trading agreement between the CCASG and the EU and between the CCASG and the USA had also positive results.
This paper attempts to describe the high importance of the agricultural sector and export potential of agricultural products for Georgian economy, while presenting historical evidence and overview of recent trends. Georgian agriculture is primarily in very bad situation with small market surpluses and low productivity. According to World Bank surveys, approximately 83% of Georgia’s rural population is entirely dependent upon their farms for subsistence and they consume approximately 73% of what they produce and remaining products which are supposed for export, are facing lots of difficulties for gaining appropriate success and outcomes. For reaching alternative markets of the United States or the European Union countries, will be needed structural reforms for strengthening Georgia’s sustaining growth, attracting investment and improving overall productivity for further export diversification and sector development. Using statistical data it becomes more obvious who are the main export partners, which market segments and destinations are better for rising overall export potential and how export of Georgian agriculture products is changing over years – decline of agriculture’s contribution to overall trade from 28% in 2000 to 18% in 2012 leaves a clear perspective for further development, improvement and better contribution to country’s economy.
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The wine foreign trade of Slovak Republic

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The aim of the article is to identify the impact of foreign trade with wine for the wine market in the Slovak Republic and identify the trends of its development. Slovakia is among the small wine producers. Wine areas are constantly reducing and wine consumption of the population of the Slovak Republic is not covered. The negotiation process has granted a quota allocated to Slovakia cultivable area of 22 000 hectares of vineyards. At present it is not filled, and Slovakia is not self-sufficient in wine production. Producers are aiming for the production of quality wines and demand for cheaper table wines is covered by import. From the analysis of wine import in the Slovak Republic, we notice that the wine import, is currently dominated by the growing tendency to import wines and sparkling wines in small packages (up to 2 l). The export of wine is currently focused on the export of wine in larger packages (over 2 l) in Slovakia. To assess the competitiveness of Slovak producers of wines in foreign markets are used the factors of comparative advantage and export-import coverage ratio.
The progressive processes of globalisation, integration and liberalisation of economies are the reason for which the competitiveness of economic entities is increasingly analysed in the context of their links with the international market. One of the ways to assess competitiveness is to analyse the comparative (relative) advantage in trade in products of a given economic sector. The objective of the article is to assess the comparative advantage in Polish foreign trade in food and non-food products, both in total Polish trade and with European Union Member States. The studies used the RTA relative trade advantage index. The data source was the WITS-Comtrade commercial database. The studies show that, in the years 2004-2017, there was a rapid development of Polish foreign trade in food products, in particular with the EU, resulting in a high trade surplus. Trade in non-food products grew more slowly, and the trade balance was negative. It is shown that Poland had a comparative advantage and was competitive on the world market (also on the EU market) in trade in these products, but did not have such an advantage in total trade in non-food products. The results obtained indicate international competitiveness of the Polish food sector and its large importance for national trade and payment balance.
This paper studies specialization and competitive performance of the Russian agricultural sector through analysis of “revealed” comparative advantage of country’s agricultural and food exports over the period 1998–2010. The aim of this analysis is to identify the main segments of the Russian agricultural export from the two points of view: international competitiveness and country’s trade balance. For the purpose of detailed analysis all commodities exported and imported by the Russian Federation can be divided into separate groups according to two parameters: the revealed comparative advantage (RSCA index by Dalum et al. [1998] and Laursen [1998]) and domestic trade-balance (trade balance index by Lafay [1992]). This analytical tool is named “products mapping”. In accordance with this methodology, we distinguished four groups of products. In the first group products have a comparative advantage and positive trade balance (5% of the exported goods, about 50% of the value of total agricultural exports). There was also identified an opposite group: all items have comparative disadvantage and negative trade balance (80% of items account for only about 30% of total exports, but 95–99% of the total imports). Further we identified one controversial group where products have comparative disadvantages, but have a positive trade balance. In most cases the products have comparative advantages in relations to the CIS, EU or Asian countries, while trade in these products in relation to countries located in Africa and Americas in most cases does not exist.
The aim of the paper is to assess main trends and changes in commodity structure of Polish agri-food trade in 2003-2006. Joining in the Common Market and adopting the Common Trade Policy rules caused the significant growth of Polish agri-food trade values and improvement in the positive trade balance. Taking into account loss or reduction of some cost advantages, as well as liberalization of world agricultural trade, next years can be much more difficult for Polish exporters. The highest export potential applies to trade in animal origin products. Considering commodity structure of Polish agri-food trade, it should be said that processed products dominate both in export and in import.
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