Agriculture export variety and the short and long run impact on agriculture export
Andrei, Tudorel | Oancea, Bogdan | Mirica, Andreea
In this paper, we investigated the extent to which the accession to the EU has had an effect on increasing the variety of exports of agri-food categories for two Eastern European countries, namely Romania and Bulgaria. We also assessed the impact of changes in the variety of exports of agri-food categories on the dynamics of the volume of exports of agri-food products for these two countries and used the entropy to measure the variability of exports of agri-food products by categories. The results confirm the important role played by related variety in increasing a country's long-term exports of agri-food products and show that the high concentration of exports on a small number of categories of agri-food products that include mostly agricultural raw materials cannot ensure a sustainable increase in the export of agri-food products for Romania. In the case of Bulgaria, the related variety has a positive impact on ensuring a sustainable increase in agri-food exports. The accession to the EU was an important factor for the increase of the exported agri-food goods for Romania while in the case of Bulgaria, the accession to the EU did not mark a positive or negative shock on the volume of exports of agri-food products.
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