1. Czech Foreign Trade with Meat and Meat Products
- Author
-
Jindřich Špička, Josef Mezera, and Karina Pohlová
- Subjects
Czech ,Index (economics) ,Meat packing industry ,Balance of trade ,trade balance ,Agricultural economics ,trade flows ,0502 economics and business ,lcsh:Finance ,lcsh:HG1-9999 ,Production (economics) ,meat processing industry ,Comparative advantage ,Agribusiness ,050208 finance ,business.industry ,05 social sciences ,lcsh:Economic theory. Demography ,General Medicine ,language.human_language ,lcsh:HB1-3840 ,Commerce ,Value (economics) ,language ,business ,relative comparative advantage ,050203 business & management - Abstract
The meat production and meat processing industry are the most important parts of the agribusiness in the Czech Republic. The problem of the industry is its low competitiveness towards foreign producers and processors which results in negative balance of foreign trade. The aim of the article is to evaluate long-term development of value and structure of Czech foreign trade flows of meat and meat products. The analysis covers the period of 2001-2014. The problems of the negative trade balance are revealed through description of the trade flows of meat and meat products, the RCA index and relations between import and export prices. The analysis points out the problems of low competitiveness of the intermediate and finalized meat. Alternatively, Czech Republic has comparative advantage in live animals, sausages and homogenized meat products.
- Published
- 2016