PERSPECTIVE ON DEVELOPMENT OF FOOD AND BEVERAGE INDUSTRY IN THE INTERNATIONAL ENVIRONMENT: THE CASE OF CROATIA

Goran Buturac
Additional contact information
Goran Buturac: The Institute of Economics, Zagreb

Ekonomski pregled, 2018, vol. 69, issue 2, 131-162

Abstract: The aim of this paper is to get new insight into the perspectives of the Croatian food and beverage industry development in the international environment. Methodology of the paper is based on applying input-output model and standardized indicators of export competitiveness. Comparison of gross value added, productivity and factor income with EU countries points to Croatia’s lagging in relation to EU-15 countries. At the same time, in comparison with the new EU member states (transition countries), the Croatian food industry manages to maintain competitive production. Among analysed markets, Croatian food industry has the best position on the CEFTA market. At the same time, comparative advantages and competitive positions in relatively rapidly growing markets are relatively weak. A growth in global consumption of foodstuffs opens up space for diversification of the export structure and strengthening of competitiveness in the less represented markets. Perspectives on the development of the food and beverage industry in Croatia are being recognized in the continuation growth of export orientation, greater representation in fastgrowing markets, increased food consumption, investment in innovation and development of new products, and investments in the development of new markets.

Keywords: food and beverages industry; competitiveness; export; input-output analysis; Croatia (search for similar items in EconPapers)
JEL-codes: C67 L66 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hrcak.srce.hr/199308 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hde:epregl:v:69:y:2018:i:2:p:131-162

Ordering information: This journal article can be ordered from
Ekonomski pregled, Hrvatsko društvo ekonomista, Heinzelova 4a, 10000 Zagreb, Croatia
http://www.hde.hr/pregled_en.aspx

Access Statistics for this article

Ekonomski pregled is currently edited by Josip Tica

More articles in Ekonomski pregled from Hrvatsko društvo ekonomista (Croatian Society of Economists) Contact information at EDIRC.
Bibliographic data for series maintained by Josip Tica ().