Preprint Article Version 1 This version is not peer-reviewed

Factor Analysis of the Competitiveness of Agricultural Products in the Eurasian Economic Union (EAEU)

Version 1 : Received: 30 January 2019 / Approved: 31 January 2019 / Online: 31 January 2019 (09:23:42 CET)

How to cite: Vlada, M.; Natalya, Z.; Clemens, F.; Mikhail, A. Factor Analysis of the Competitiveness of Agricultural Products in the Eurasian Economic Union (EAEU). Preprints 2019, 2019010325 (doi: 10.20944/preprints201901.0325.v1). Vlada, M.; Natalya, Z.; Clemens, F.; Mikhail, A. Factor Analysis of the Competitiveness of Agricultural Products in the Eurasian Economic Union (EAEU). Preprints 2019, 2019010325 (doi: 10.20944/preprints201901.0325.v1).

Abstract

This article discusses the outcomes of a quantitative analysis of the competitiveness of grain and its recycling in the countries-members of the Eurasian Economic Union (EEU) through econometric panel data models. The analysis is based on the data of public authorities’ statistics of the countries-members of the EEU, as well as the United Nations Comtrade Database which is a repository of official international trade statistics. The results of the analysis allow to assess the level of competitiveness of produced agro-food products in the countries-members of the EEU and determine the extent to which various factors affect it. The research conclusions can be used to develop and adjust the agreed with the agro-food policy in the EEU.

Subject Areas

agriculture; grain and products of its processing; competitiveness; prices; production volumes; export; import; price competitiveness factor; integral indicator of competitiveness; Eurasian Economic Union (EAE); factor analysis; panel data models

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