Theory vs practice: Patterns of the ASEAN-10 agri-food trade

During the past decades, agricultural trade is enormously expanded. One of its driving factors is the World Trade Organization. However, regional agreements can give further trade opportunities for the participating countries. Association of Southeast Asian Nations (ASEAN) is one of them. This artic...

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Autor principal:	Mizik Tamás
Formato:	article
Lenguaje:	EN
Publicado:	De Gruyter 2021
Materias:	regional cooperation regional agreement extra- and intra-trade balassa indices Agriculture S Agriculture (General) S1-972
Acceso en línea:	https://doaj.org/article/1d4d1829bef446bfa40b6e3a7356da2e
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spelling	oai:doaj.org-article:1d4d1829bef446bfa40b6e3a7356da2e2021-12-05T14:10:58ZTheory vs practice: Patterns of the ASEAN-10 agri-food trade2391-953110.1515/opag-2021-0014https://doaj.org/article/1d4d1829bef446bfa40b6e3a7356da2e2021-03-01T00:00:00Zhttps://doi.org/10.1515/opag-2021-0014https://doaj.org/toc/2391-9531During the past decades, agricultural trade is enormously expanded. One of its driving factors is the World Trade Organization. However, regional agreements can give further trade opportunities for the participating countries. Association of Southeast Asian Nations (ASEAN) is one of them. This article aims to give a detailed overview of ASEAN members’ agri-food trade by using the world and regional level data. The country level competitiveness is calculated by four different Balassa-type indices and highlights whether the agri-food trade (practice) of these countries is in line with the revealed comparative advantages/competitiveness of the different product groups (theory). According to the results, commodities with the highest comparative advantages overlap with the most important export products. This confirms a tight connection between theory and practice. It should also be noted that world level values are generally higher than that of the regional levels. Moreover, countries with significant agri-food production (Thailand, Indonesia, Vietnam, and Malaysia) can be characterized by higher comparative advantages compared to the other ASEAN member states. These results can help to better understand these countries’ trade specialization and international trade performance.Mizik TamásDe Gruyterarticleregional cooperationregional agreementextra- and intra-tradebalassa indicesAgricultureSAgriculture (General)S1-972ENOpen Agriculture, Vol 6, Iss 1, Pp 152-167 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	regional cooperation regional agreement extra- and intra-trade balassa indices Agriculture S Agriculture (General) S1-972
spellingShingle	regional cooperation regional agreement extra- and intra-trade balassa indices Agriculture S Agriculture (General) S1-972 Mizik Tamás Theory vs practice: Patterns of the ASEAN-10 agri-food trade
description	During the past decades, agricultural trade is enormously expanded. One of its driving factors is the World Trade Organization. However, regional agreements can give further trade opportunities for the participating countries. Association of Southeast Asian Nations (ASEAN) is one of them. This article aims to give a detailed overview of ASEAN members’ agri-food trade by using the world and regional level data. The country level competitiveness is calculated by four different Balassa-type indices and highlights whether the agri-food trade (practice) of these countries is in line with the revealed comparative advantages/competitiveness of the different product groups (theory). According to the results, commodities with the highest comparative advantages overlap with the most important export products. This confirms a tight connection between theory and practice. It should also be noted that world level values are generally higher than that of the regional levels. Moreover, countries with significant agri-food production (Thailand, Indonesia, Vietnam, and Malaysia) can be characterized by higher comparative advantages compared to the other ASEAN member states. These results can help to better understand these countries’ trade specialization and international trade performance.
format	article
author	Mizik Tamás
author_facet	Mizik Tamás
author_sort	Mizik Tamás
title	Theory vs practice: Patterns of the ASEAN-10 agri-food trade
title_short	Theory vs practice: Patterns of the ASEAN-10 agri-food trade
title_full	Theory vs practice: Patterns of the ASEAN-10 agri-food trade
title_fullStr	Theory vs practice: Patterns of the ASEAN-10 agri-food trade
title_full_unstemmed	Theory vs practice: Patterns of the ASEAN-10 agri-food trade
title_sort	theory vs practice: patterns of the asean-10 agri-food trade
publisher	De Gruyter
publishDate	2021
url	https://doaj.org/article/1d4d1829bef446bfa40b6e3a7356da2e
work_keys_str_mv	AT miziktamas theoryvspracticepatternsoftheasean10agrifoodtrade
_version_	1718371525470453760

Theory vs practice: Patterns of the ASEAN-10 agri-food trade

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