<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Agriculture of the Republic of Serbia is a significant economic branch, due to the specifics of production, tradition and because of the enormous potential that it holds for improving competitive performance and development of the national economy. For this reason, in all strategic documents agriculture is recognised as a vital branch for the development of the national economy, which can be achieved by an increase in productivity and greater foreign exchange, especially with the neighbouring countries. Bearing in mind that agricultural food products represent a very important part of foreign trade of the Republic of Serbia with the countries of the Western Balkans, the goal of the research is to point out the comparative advantages of the Republic of Serbia in the exchange of agricultural and food products with the countries in the region, by applying the Balassa index. The realisation of the principal objective of the research was carried out using the methods of comparative advantage, historical method, trends method, methods of analysis and synthesis. The results of research show that the Republic of Serbia has distinct comparative advantages in relation to the countries in the Western Balkans, with the exception of the Republic of Croatia. The key contribution of this paper lies in providing a clearer insight into the comparative advantages of the Republic of Serbia in foreign trade with the countries in the region, as well as pointing out the priority directions of activities of competent authorities in order to intensify. the agricultural export, especially high quality and products at a higher level of processing.</p></abstract>

Agriculture of the Republic of Serbia is a significant economic branch, due to the specifics of production, tradition and because of the enormous potential that it holds for improving competitive performance and development of the national economy. For this reason, in all strategic documents agriculture is recognised as a vital branch for the development of the national economy, which can be achieved by an increase in productivity and greater foreign exchange, especially with the neighbouring countries. Bearing in mind that agricultural food products represent a very important part of foreign trade of the Republic of Serbia with the countries of the Western Balkans, the goal of the research is to point out the comparative advantages of the Republic of Serbia in the exchange of agricultural and food products with the countries in the region, by applying the Balassa index. The realisation of the principal objective of the research was carried out using the methods of comparative advantage, historical method, trends method, methods of analysis and synthesis. The results of research show that the Republic of Serbia has distinct comparative advantages in relation to the countries in the Western Balkans, with the exception of the Republic of Croatia. The key contribution of this paper lies in providing a clearer insight into the comparative advantages of the Republic of Serbia in foreign trade with the countries in the region, as well as pointing out the priority directions of activities of competent authorities in order to intensify. the agricultural export, especially high quality and products at a higher level of processing.

The Analysis of Agricultural Products Export Competitiveness of the Republic of Serbia Based on the RCA Index

Economic Themes

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Agriculture of the Republic of Serbia is a significant economic branch, due to the specifics of production, tradition and because of the enormous potential...

The Analysis of Agricultural Products Export Competitiveness of the Republic of Serbia Based on the RCA Index

Published Online: Nov 28, 2017

Page range: 399 - 420

Received: May 09, 2017

Accepted: Aug 20, 2017

DOI: https://doi.org/10.1515/ethemes-2017-0022

Keywords
comparative advantage, agriculture, RCA indicator, the Republic of Serbia, the Western Balkan countries

© 2017 Milica Cvetković et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

The Analysis of Agricultural Products Export Competitiveness of the Republic of Serbia Based on the RCA Index

Published Online: Nov 28, 2017

Page range: 399 - 420

Received: May 09, 2017

Accepted: Aug 20, 2017

DOI: https://doi.org/10.1515/ethemes-2017-0022

Keywordscomparative advantage, agriculture, RCA indicator, the Republic of Serbia, the Western Balkan countries

© 2017 Milica Cvetković et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
comparative advantage, agriculture, RCA indicator, the Republic of Serbia, the Western Balkan countries