Naslov (eng)

Analysis of Intra-Industry Trade in Agri-Food Products Between Bosnia and Herzegovina and the European Union

Autor

Brkić, Snježana
Kastratović, Radovan
Abidović Salkica, Mirela

Opis (eng)

AbstractAlthough research of intra-industry trade (IIT ) has been intensive in the last several decades, the empirical lit-erature focusing on this phenomenon in the Western Balkans countries remains limited, especially in agricul-tural sector. Aiming to contribute to the existing literature, the paper analyses patterns and country-specific determinants of IIT in agri-food products between Bosnia and Herzegovina (BiH) and the European Union (EU) during the period of their mutual trade liberalisation (2008-2018). The analysis employs Grubel-Lloyd indices and Greenaway-Hine-Milner methodology for measurement of IIT, and applies an econometric panel data model using a Poisson Pseudo-maximum likelihood approach in order to estimate effects of IIT determi-nants. The findings suggest that intra-industry agri-food trade of BiH with the EU is of low intensity and main-ly of vertical nature, viewed totally and bilaterally. We found significant positive effects of trading countries’ sizes, common border and history on IIT, and negative effects of the geographic distance and differences in agricultural productivity.

Jezik

engleski

Datum

2021

Licenca

Ovo delo je licencirano pod uslovima licence
Creative Commons CC BY-NC-ND 4.0 - Creative Commons Autorstvo - Nekomercijalno - Bez prerada 4.0 International License.

http://creativecommons.org/licenses/by-nc-nd/4.0/legalcode

Predmet

Keywords: Intra-industry trade (IIT ), agri-food prod-ucts, Bosnia and Herzegovina (BiH), the European Union (EU), Poisson Pseudo-maximum likelihood (PPML) approach

Deo kolekcije (1)

o:28218

Ekonomski fakultet