African Journal of
Agricultural Research

  • Abbreviation: Afr. J. Agric. Res.
  • Language: English
  • ISSN: 1991-637X
  • DOI: 10.5897/AJAR
  • Start Year: 2006
  • Published Articles: 6169

Full Length Research Paper

Comparison for international competition power between Turkey and European Union (EU)-27: Wheat example

Ferhat Şelli1, Ayten Zan2 and Sabri Er3*
1Ministry of Agriculture and Rural Affairs Ankara, Turkey. 2Agricultural Economics Research Center, Ministry of Agriculture and Rural Affairs Ankara, Turkey. 3Ministry of Agriculture and Rural Affairs Ankara, Turkey.
Email: [email protected]

  •  Accepted: 26 March 2010
  •  Published: 18 April 2010

Abstract

The International Competition Power (ICP) for a firm or a country is the indicator of suppression over other firms or countries with which it is competing in domestic and/or international markets. It is, however, bind to demand and supply conditions in domestic and international markets (e.g. technology, productivity, production cost, domestic and international marketing conditions, etc.) and economic policies such as foreign trade, money and financial policies. The main reason of measuring ICP for a firm or country is to show its economic performance (Özağ, 2000). In this study, competitive powers of Turkey and EU-27 for wheat were measured by using Revealed Comparative Advantage Index (RCA Index, Balassa Index) and analyses have been performed by the data based upon wheat export values between Turkey and EU for 2004 - 2008. According to results obtained from this study, the international competitive power of Turkey for international wheat market is less than that of Malta, Portugal, Italy, and Belgium whereas she has more competitive power than other EU countries.

 

Key words: International competition power, revealed comparative advantage index, Turkey, EU-27.

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