<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Although research of intra-industry trade (IIT) has been intensive in the last several decades, the empirical literature focusing on this phenomenon in the Western Balkans countries remains limited, especially in agricultural sector. Aiming to contribute to the existing literature, the paper analyses patterns and country-specific determinants of IIT in agri-food products between Bosnia and Herzegovina (BiH) and the European Union (EU) during the period of their mutual trade liberalisation (2008-2018). The analysis employs Grubel-Lloyd indices and Greenaway-Hine-Milner methodology for measurement of IIT, and applies an econometric panel data model using a Poisson Pseudo-maximum likelihood approach in order to estimate effects of IIT determinants. The findings suggest that intra-industry agri-food trade of BiH with the EU is of low intensity and mainly of vertical nature, viewed totally and bilaterally. We found significant positive effects of trading countries’ sizes, common border and history on IIT, and negative effects of the geographic distance and differences in agricultural productivity.</p>
</abstract>

Although research of intra-industry trade (IIT) has been intensive in the last several decades, the empirical literature focusing on this phenomenon in the Western Balkans countries remains limited, especially in agricultural sector. Aiming to contribute to the existing literature, the paper analyses patterns and country-specific determinants of IIT in agri-food products between Bosnia and Herzegovina (BiH) and the European Union (EU) during the period of their mutual trade liberalisation (2008-2018). The analysis employs Grubel-Lloyd indices and Greenaway-Hine-Milner methodology for measurement of IIT, and applies an econometric panel data model using a Poisson Pseudo-maximum likelihood approach in order to estimate effects of IIT determinants. The findings suggest that intra-industry agri-food trade of BiH with the EU is of low intensity and mainly of vertical nature, viewed totally and bilaterally. We found significant positive effects of trading countries’ sizes, common border and history on IIT, and negative effects of the geographic distance and differences in agricultural productivity.

Analysis of Intra-Industry Trade in Agri-Food Products Between Bosnia and Herzegovina and the European Union

PhD Teaching Assistant University of Belgrade

South East European Journal of Economics and Business

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Although research of intra-industry trade (IIT) has been intensive in the last several decades, the empirical literature focusing on this phenomenon in the...

Analysis of Intra-Industry Trade in Agri-Food Products Between Bosnia and Herzegovina and the European Union

Data publikacji: 30 gru 2021

Zakres stron: 53 - 67

DOI: https://doi.org/10.2478/jeb-2021-0014

Słowa kluczowe
Intra-industry trade (IIT), agri-food products, Bosnia and Herzegovina (BiH), the European Union (EU), Poisson Pseudo-maximum likelihood (PPML) approach

© 2021 Snježana Brkić et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Analysis of Intra-Industry Trade in Agri-Food Products Between Bosnia and Herzegovina and the European Union

Data publikacji: 30 gru 2021

Zakres stron: 53 - 67

DOI: https://doi.org/10.2478/jeb-2021-0014

Słowa kluczoweIntra-industry trade (IIT), agri-food products, Bosnia and Herzegovina (BiH), the European Union (EU), Poisson Pseudo-maximum likelihood (PPML) approach

© 2021 Snježana Brkić et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Słowa kluczowe
Intra-industry trade (IIT), agri-food products, Bosnia and Herzegovina (BiH), the European Union (EU), Poisson Pseudo-maximum likelihood (PPML) approach