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REMEIKIENE, R. ROZSA, Z. GASPARENIENE, L. PĚNČÍK, J.
Originální název
ASSESSMENT OF THE IMPACT OF THE INTERNATIONAL TRADE IN AGRICULTURAL PRODUCTS ON THE EU ECONOMIC GROWTH
Typ
článek v časopise ve Web of Science, Jimp
Jazyk
angličtina
Originální abstrakt
Although international trade is an incontestable driver of economic development, scientific literature still lacks the studies to assess the impact of the international trade in agricultural products on the EU economic growth. The agricultural sector is treated as specific in comparison to other economic sectors as the EU subsidisation policies causes distorted competition in both local and global agricultural markets. The main purpose of this article is to assess the impact of the international trade in agricultural products on the economic growth of EU28. The results of the correlation and regression analyses have revealed that the international trade in agricultural products (in particular, section I and III products) contributes only insignificant part, to the economic growth of EU28 through the following indicators: GDP in market prices, self-employment, employment in the agricultural sector, labour force rate, subsidies and other transfers. The results have also disclosed that while analysing the impact of the international trade in agricultural products on economic growth, there is no necessity to research export and import volumes in separate as agricultural export and import show nearly the same (only with insignificant value differences) determinants of economic growth promotion. Another important conclusion is that the international trade in agricultural products mainly comprises the trade in live animals and animal products (meat and edible meat offal, fish and crustaceans, molluscs and other aquatic invertebrates, dairy produce, birds' eggs, natural honey, edible products of animal origin, not elsewhere specified or included, and products of animal origin, not elsewhere specified or included) as well as animal or vegetable fats and oils and their cleavage products, prepared edible fats, and animal or vegetable waxes.
Klíčová slova
International trade in agricultural products; export; import; EU28; economic growth
Autoři
REMEIKIENE, R.; ROZSA, Z.; GASPARENIENE, L.; PĚNČÍK, J.
Vydáno
2. 4. 2018
Nakladatel
TECHNICKA UNIV & LIBERCI
Místo
LIBEREC 1
ISSN
1212-3609
Periodikum
E a M: Ekonomie a Management
Ročník
21
Číslo
4
Stát
Česká republika
Strany od
33
Strany do
47
Strany počet
15
URL
https://dspace.tul.cz/bitstream/handle/15240/124744/EM_4_2018_03.pdf
BibTex
@article{BUT163501, author="Rita {Remeikiene} and Zoltan {Rozsa} and Ligita {Gaspareniene} and Jan {Pěnčík}", title="ASSESSMENT OF THE IMPACT OF THE INTERNATIONAL TRADE IN AGRICULTURAL PRODUCTS ON THE EU ECONOMIC GROWTH", journal="E a M: Ekonomie a Management", year="2018", volume="21", number="4", pages="33--47", doi="10.15240/tul/001/2018-4-003", issn="1212-3609", url="https://dspace.tul.cz/bitstream/handle/15240/124744/EM_4_2018_03.pdf" }