ISSN 2284-7995, ISSN Online 2285-3952
 

INTRA-INDUSTRY TRADE IN AGRICULTURAL AND FOOD PRODUCTS: THE CASE OF MOLDOVA

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 17 ISSUE 2
Written by Liliana CIMPOIES, Cornel COSER

Among the most discussed issues related to world trade trends in the economic literature belongs to intra-industry trade (IIT). It can be explained as the simultaneous flows of imports and exports of commodities within the same industry group. The paper analyzes the agricultural and food trade of Moldova from different aspects of intra industry trade. The aim is to estimate the trend and extent of intra-industry trade in agricultural and food products of Moldova. The time series from 2001-2015 are examined. The level of intra-industry trade in agricultural and food products for Moldova is quite high (78%). The results of the intra-industrial trade level indicate to a decrease with EU countries and increase in relation with CIS countries. For most commodity groups the GL values present average high variability over time, fact which reflects the structural changes in Moldavian agri-food trade. The values of A indices in both examined periods are very low, fact which indicates that most of changes in trade flows had been inter-industrial by nature and probably have generated high adjustment costs. The switching results of marginal intra-industry trade B index indicate that Moldova’s position on these markets considerably improved and strengthened.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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