@article{Bojnec:92027,
      recid = {92027},
      author = {Bojnec, Stefan and Hartmann, Monika},
      title = {AGRICULTURAL AND FOOD TRADE IN CENTRAL AND EASTERN EUROPE:  THE CASE OF SLOVENIAN INTRA-INDUSTRY TRADE},
      address = {2004},
      number = {918-2016-72587},
      series = {IAMO Discussion Papers},
      pages = {35},
      year = {2004},
      abstract = {One of the striking features in Central and Eastern  European (CEE) countries is the deterioration of their  agricultural and food trade balance during transition to a  market economy as imports increased faster than exports or  exports even declined. This paper investigates the  Slovenian agricultural and food trade in more detail  focusing on changes in the geographical distribution of  trade and the nature of trade specialization on the basis  of the Grubel-Lloyd Intra-Industry Trade index and Marginal  Intra-Industry Trade Indices. The results indicate that  Slovenian agricultural and food trade largely remains of  the inter-industry type with specialisation of exports  towards the former Yugoslav markets and imports from the  European Union. The proportion of intra-industry trade was  especially low for bulk commodities with little or no  processing. A major explanations for these findings is that  despite the "free" trade agreements Slovenia signed with  the EU and countries of Central and Eastern Europe the  level of protection in the agricultural and food sector has  remained rather high. Due to EU membership Slovenia faces  now direct competition in a market of 25 countries. This  intensifies the restructuring process in the Slovenian  agricultural and food sector. Due to the present low level  of IIT this likely induces rather high adjustment costs  since restructuring and reallocation of factors will have  to occur between and not within industries.},
      url = {http://ageconsearch.umn.edu/record/92027},
      doi = {https://doi.org/10.22004/ag.econ.92027},
}