Corvinus
Corvinus

Impacts of EU Accession on Hungarian Primary and Processed Agricultural Trade

Jámbor, Attila (2011) Impacts of EU Accession on Hungarian Primary and Processed Agricultural Trade. In: 85th Annual Conference of the Agricultural Economics Society, 18-20 April, 2011, Warwick, UK.

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Abstract

In 2004, Hungary joined the European Union (EU) along with nine other Central and Eastern European Countries, causing several changes in the field of agriculture. One of the major changes was the transformation of national agri-food trade. The aim of the paper is to analyse the effects of EU accession on the Hungarian primary and processed agri-food trade, especially considering revealed comparative advantages, by using recent data. Results suggest that EU accession raised the intensity of trade contacts but had a negative impact on trade balance. Nominal values of both exports and imports increased after 2004, however, Hungarian agriculture is increasingly based on raw material export and processed food import. It also turned out that revealed comparative advantages of Hungarian primary agri-food products in EU15 remained almost constant after accession, while comparative advantages of processed agri-food products has been gradually increasing by time and even reached the satisfactory level in some cases. From the policy perspective, it is apparent that there is a need for deeper structural reforms of the Hungarian agricultural and food sector is the future.

Item Type:Conference or Workshop Item (Paper)
Uncontrolled Keywords:EU accession, agri-food trade, primary and processed products JEL code: Q17, Q18
Subjects:Commerce and tourism
Agriculture
Projects:OTKA 83119
ID Code:515
Deposited By: Ádám Hoffmann
Deposited On:08 Feb 2012 14:37
Last Modified:03 Jul 2012 01:27

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