Trade measures of competitive performance
Trade showed reveeal when the competitiveness lies/exists
foreign trade between nations
in trade is Napp (?)
Selected
ES_ij = X_ij/E_o*x_ij
E_o - all the countries
correction by countries site is important can’t(?) bigger
correcting ? the markets share → for the country size
(x_ij/E_jx_ij)
^ 40% market share in a certain good of a specific country.
let’s say ES 0% country has
* (E_jx_ij/E_iE_j*x_ij)
^20% market share of a specific country in all goods in all the ___?__ of the country?
overall expirt
XCA_ij 40% / 2% = 20%
in the Cot’d’evour of 40% cocoa
Ivory coast in all the srvices and goods is 20%
There is strong comparative advantage of Cot’D’Ivore in cocoa market
Important criticism
Coffee roasted export ~700(100?) mil euro
~11.086 → A
~709.415 A/B
18.928.918 → B
XCA coffee/netherlands = 1.64
Intra-industrial trade is important to consider cause Netherlands do not have raw green coffee
transit trade
disadv. XCA:
1) Can be distortion because of trade barriers (taxes)
2) Nethe ...
3) Value range no upper boundary → you can’t make statistical analysis if data is normally distributed than it’s...
Linear regression
XCA = f....
→ climate (?)
→ Structural characteristic
→ Regression not symmetrical data can make your life
Indicators of Thomas Vourath
Import - Export = Relative Revealed Trade advantage
RXCA
E_n*x_ij ← everything except the coffee
E_n ← summation
E_n*E_n*x_nn ← except Netherlands
Vollrath (Vollratin?) import
RMP you interpret differently (cause the?)
- 1 is good
+ 1 is not
import share is lower in import share of all goods
Relative Revealed Comp. Advantage - trade indicator
RTA_ij
not exporten (?)
RTA can be positive if RXCA is low less than 1
Net importer not self-sufficient if lack of competitiveness
RMP > 1 → then it’s net importer
What is the price per tonn (?) of smth (?) → cheese → cheap of → expensive
Italy import cheap cheese and milk but they export more expensive cheese domestic milk going to expensive product
Industry structure of dairy in the country
if you talk about meat/diary there are different types of meat and sometimes it makes serve (?) to calculate unit value for these products
Inferential?
Trade data
HS codes → unit of observation is defined (?)
Harmonized system codes
custom classification
0102 → bowine animals (bovine?)
|
?
Section 2 - vegetable
O2
0201 → Meat
very specific product can be found
6 digits is → live cattle
→ 8 digits → less the 80 kilos
→ breeding cows cm./cu. (?)
similar products can be united under one classifiation
Growth lab the Atlas of complexing → country profiles
There is no one HS classification there can be overlap w. others
FAO dataset
definitions milk imp (?) in item code
HS07 codes (cores?) HS12 (coles?)
you can match data
UN comtrade (maybe paid?) + Eurostat maybe more comprehesive and detailed
International trade → detail (?) data → EU trade 1998 US2-4-6 (?) (CN8(?))
|
full access
Germany World (Work?)
Stat procedure - statistical
Eurostat has R package
Save extraction is the whole data
Excel + Porter Diamond
Graph w. Logic
Data source
And what it shows
What should be done to influence the market to stop produce meat
Mr. Milan Tatic work
Mandatory labeling / on milk and how it affects the global trade they have governmental measures for fresh milk Spain, lack of competitive consumers react, barrier of trade?
Competitiveness
Competitive potential calculation - is harder but possible
Competitive process →
Same scheme
Export value is the same
Dairy jumping a little bit in comparing w. Total agriculture
Weather influence the total agricultural share in terms of crops production etc.
Total merchandise use, cause agriculture is not as stable
[Read the explanations from the Excel]
RMP Romania (?) increases and RTA decreases because of it (? Which it?)
Potential competitive (Porter Diamond)
assessment
[Porter paper in eCampus read]
Demand size - demand sophistication (?)
[Porter analysis for Cultivated meat]
(International penalities that can export)
Cheese product market lifecycle
publically traded companies
Cooperatives → biggest processor
Shared/owned by farmers
[EU competiveness read it]
[Read the PPT, read the books before → come with questions]
-FDNA- FDAN
(Farm data agric. heswork (?))
Very detailed data of farms rich data set