The 27 European Union (EU) Member States increased their total agri-food exports during the period 2000-2011. However, despite agri-food exports having grown, the shares of the world agri-food markets of 13 EU Member States and the EU-27 as a whole have declined. Those with increasing market share are mainly among the Eastern EU Member States. Constant market share analysis by 27 EU Member States suggests that the structural effects in agri-food and dairy exports are more important than the residual and second order effects. The declining market share is largely associated with negative residual and second order effects. Large positive structural effects cannot compensate for the impact of negative residual and second order effects and this results in declining agri-food market shares.
Economic Diversification Potential: Insights from Mongolia’s Livestock Product Value Chains
Mongolia, endowed with abundant natural resources, faces a critical challenge in reducing its reliance on the mining sector and achieving...
