Determinants for international competitiveness of the food industry in 43 countries world-wide: evidence from panel models

cris.virtual.author-orcid#PLACEHOLDER_PARENT_METADATA_VALUE#
cris.virtual.author-orcid0000-0002-5441-6381
cris.virtualsource.author-orcid#PLACEHOLDER_PARENT_METADATA_VALUE#
cris.virtualsource.author-orcid33947c22-02c6-486f-ac3b-b6c70394a08a
dc.abstract.enResearch background: Food industry is of key importance to each economy due to its role in ensuring food security, balancing the labour market, as well as contributing to the economic growth and international trade. With a limited increase in demand for food in many highly developed countries, further growth in this sector of the economy will largely depend on the ability to successfully distribute manufactured goods in international markets and cope with competitive pressure from other entities. Purpose of the article: Therefore, the study attempts to assess the determinants of international competitiveness of the food industry worldwide measured by the trade balance. Methods: The research was based on data from the United Nations Conference on Trade and Development Data Center (UNCTADStat) and the World Input-Output Database (WIOD). The time frame for the analyses was determined by the availability of internationally comparable data and thus covered the period of 2000?2014. The empirical analysis was performed with the use of panel models, while international competitiveness was measured by trade balance (net export). Findings & value added: It was proved that increasing trade openness and relative demand, as well as decreasing relative unit labour costs have a positive impact on international competitiveness of the food industry worldwide. However, the nature of the relationship between relative labour productivity and trade balance appears to be ambiguous. A stronger impact of the examined factors on net exports in the long-run rather than the short-run was also evidenced. The novelty of our analysis is that we consider trade balance determinants of the food industry worldwide using panel models, whereas most of the existing studies focus either on one or a narrow group of countries.
dc.affiliationWydział Ekonomiczny
dc.affiliation.instituteKatedra Ekonomii i Polityki Gospodarczej w Agrobiznesie
dc.contributor.authorHamulczuk, Mariusz
dc.contributor.authorPawlak, Karolina
dc.date.access2026-02-11
dc.date.accessioned2026-02-27T10:56:56Z
dc.date.available2026-02-27T10:56:56Z
dc.date.copyright2022-09-30
dc.date.issued2022
dc.description.abstract<jats:p>Research background: Food industry is of key importance to each economy due to its role in ensuring food security, balancing the labour market, as well as contributing to the economic growth and international trade. With a limited increase in demand for food in many highly developed countries, further growth in this sector of the economy will largely depend on the ability to successfully distribute manufactured goods in international markets and cope with competitive pressure from other entities. Purpose of the article: Therefore, the study attempts to assess the determinants of international competitiveness of the food industry worldwide measured by the trade balance. Methods: The research was based on data from the United Nations Conference on Trade and Development Data Center (UNCTADStat) and the World Input-Output Database (WIOD). The time frame for the analyses was determined by the availability of internationally comparable data and thus covered the period of 2000?2014. The empirical analysis was performed with the use of panel models, while international competitiveness was measured by trade balance (net export). Findings &amp; value added: It was proved that increasing trade openness and relative demand, as well as decreasing relative unit labour costs have a positive impact on international competitiveness of the food industry worldwide. However, the nature of the relationship between relative labour productivity and trade balance appears to be ambiguous. A stronger impact of the examined factors on net exports in the long-run rather than the short-run was also evidenced. The novelty of our analysis is that we consider trade balance determinants of the food industry worldwide using panel models, whereas most of the existing studies focus either on one or a narrow group of countries.</jats:p>
dc.description.accesstimeat_publication
dc.description.bibliographyil., bibliogr.
dc.description.financepublication_nocost
dc.description.financecost0,00
dc.description.if5,7
dc.description.number3
dc.description.points100
dc.description.versionfinal_published
dc.description.volume17
dc.identifier.doi10.24136/eq.2022.022
dc.identifier.eissn2353-3293
dc.identifier.issn1689-765X
dc.identifier.urihttps://sciencerep.up.poznan.pl/handle/item/7522
dc.identifier.weblinkhttps://journals.economic-research.pl/eq/article/view/1969
dc.languageen
dc.relation.ispartofEquilibrium-Quarterly Journal of Economics and Economic Policy
dc.relation.pages635-667
dc.rightsCC-BY
dc.sciencecloudnosend
dc.share.typeOPEN_JOURNAL
dc.subject.eninternational competitiveness
dc.subject.entrade balance
dc.subject.enfood industry
dc.subject.enpanel models
dc.titleDeterminants for international competitiveness of the food industry in 43 countries world-wide: evidence from panel models
dc.typeJournalArticle
dspace.entity.typePublication
oaire.citation.issue3
oaire.citation.volume17