04 Dec 2020


Matkovski B., Radovanov B., Zekić S. (2018). The Effects of Foreign Agri-food trade Liberalization in South East Europe. Economckycasopis. 66(9), 945-966.

Market liberalization in the countries of South East Europe (SEE), which wasa consequence of free trade agreements with the European Union (EU) and thecountries of the Central European Free Trade Agreement (CEFTA), led tochanges in foreign trade flows of these countries’ agri-food products. As agri-foodproducts are a significant part of total foreign trade in these countries, the objectiveof this paper is to analyze the liberalization effects established by CEFTAand EU integration. A gravity model for panel data was estimated for the agri–food sector of all SEE countries for the period 2005 – 2015, and databases fromUN Comtrade and the World Bank were used to create an empirical base for thisstudy. The results confirmed the importance of CEFTA integration, which madea significant contribution to imports and exports within this sector in most SEEcountries. Additionally, the results showed that the Stabilization and AssociationAgreement (SAA) with the EU had limited effects on the import and export ofagri-food products in SEE countries.

04 Dec 2020


Matkovski B., Zekić S., Savić M., Radovanov B. (2018). Trade of agri-food products in the EU enlargement process: Evidence from the Southeastern Europe. Agricultural Economics – Zemědělskáekonomika. 64(8), 357-366. DOI: 10.17221/134/2017-AGRICECON

Since the last decade, significant changes have occurred in the trade flows of agri-food products of the Sou­theastern European countries (SEE) due to adjustment to international market. Namely, as all countries of the SEE strive to be full members of the EU; market opportunities have been changing, primarily because of the reduced barriers on trade with the EU, as well as with the regional countries. In order to investigate the effects of the liberalization pro­cess of the agri-food sector of the SEE countries on their export, as well as the total foreign trade, a gravity model based on panel data in the period 2005–2015 has been estimated. According to the results, liberalization of the market in the SEE countries, as a consequence of the EU enlargement process, as well as regional integrations, had positive effects on the total foreign trade of agri-food products. Despite the positive liberalization effects on the agri-food trade, all SEE countries have a lower level of competitiveness than the EU countries, so an organized access to products which possess comparative advantages will be an important condition for the achievement of their particular positions at the international market.

04 Dec 2020


Marcikić Horvat A., Matkovski B., Zekić S., Radovanov B. (2020). The Technical Efficiency of Agriculture in Western Balkan Countries during EU Integration. Agricultural Economics – Zemědělskáekonomika, 66(2), 65-73. DOI: 10.17221/224/2019-AGRICECON

The main goal of this paper is to compare the relative technical efficiency of agriculture in Western Balkan countries to those of the European Union and to propose ways to improve the position of Western Balkan count­ries. The group of Western Balkan countries includes Serbia, Montenegro, North Macedonia, and Albania, which are candidate countries for European Union membership, as well as Bosnia and Herzegovina, which is currently a po­tential candidate. An input-oriented Data Envelopment Analysis model with the variable return to scale was applied to an 11-year period from 2006 to 2016. Input variables used in the model included labour, land, and capital, and the out­put was presented as the value of agricultural production. The highest average technical efficiency was achieved by the EU15 countries for the entire eleven-year period, while the Western Balkan countries had the lowest score. The source of this inefficiency was identified in