Competitiveness of agricultural products in the eurasian economic union

Abstract

This article discusses the outcomes of a quantitative analysis using econometric panel data models of the competitiveness of grains in the countries of the Eurasian Economic Union (EAEU). The analysis was based on the public authorities’ statistics of EAEU countries as well as the United Nations Comtrade Database, which is a repository of official international trade statistics. The results of the analysis allowed us to assess the level of competitiveness of the agricultural products produced in EAEU countries and to determine the extent to which various factors affect the competitiveness. The research conclusions can be used to develop and adjust the agricultural policy in the EAEU.