home   structure    disabled Versija neįgaliesiems  
         
   
Lietuvos socialinių mokslų centro Ekonomikos ir kaimo vystymo institutas
 
  LT  EN                  El. paštas: laei@laei.lt  
 
 
 
Mokslo publikacijos
2018-12-11

Assessment of the Impact of the International Trade in Agricultural Products on the EU Economic Growth

Abstract

Although international trade is an incontestable driver of economic development, scientifi c 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 specifi c 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 insignifi cant 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 insignifi cant 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 specifi ed or included, and products of animal origin, not elsewhere specifi ed or included) as well as animal or vegetable fats and oils and their cleavage products, prepared edible fats, and animal or vegetable waxes.

 

Key Words: International trade in agricultural products, export, import, EU28, economic growth.

 

JEL Classifi cation: Q17, F13, F63.

 

 

 Assessment of the Impact of the International Trade in Agricultural Products on the EU Economic Growth

 

 

 https://dx.doi.org/10.15240/tul/001/2018-4-003

 

Remeikiene, R.; Rozsa, Z.; Gaspareniene, L.; Pěnčík, J. 2018. Assessment of the Impact of the International Trade in Agricultural Products on the EU Economic Growth. In Economics and Management. Vol. XXI, Issue 4, p. 33-47; https://dx.doi.org/10.15240/tul/001/2018-4-003; [Social Sciences Citation Index (Web of Science); Journal Citation Reports (Social Sciences Edition); SCOPUS; EconLit; International Bibliography of the Social Sciences; ABI/INFORM; EBSCO; CABELL´S; GALE Business Insights: Global].

 




derlius_2020.jpg
Baneris-8.jpg
Virselis_2019_raudona_lt.png
B_34658va3p.jpg
9B08E3R.jpg
c9l3L9fBmR.jpg
zedine1.jpg
                 
LAEI  |  A. Vivulskio g. 4A-13, 03220 Vilnius  |  Tel. (8 5) 2614525  |  Faks. (8 5) 2614524  |  El. paštas laei@laei.lt  |  Įm. kodas 111952970  |  PVM mokėtojo kodas LT119529716
Valstybės biudžetinė įstaiga. Duomenys kaupiami ir saugomi juridinių asmenų registre, kodas 111952970
  Pagaminta Xserv.lt