Sustainability of the Slovak Spirits Industry in the Single Market of the EU
| Autor: | Natália Turčeková, Ondrej Beňuš, Izabela Adamičková, Peter Bielik |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
Food industry
Beverage industry Geography Planning and Development TJ807-830 single market of the EU Management Monitoring Policy and Law TD194-195 Gross domestic product Renewable energy sources Market economy 0502 economics and business GE1-350 050207 economics Market share Food security competitiveness Environmental effects of industries and plants Renewable Energy Sustainability and the Environment business.industry 05 social sciences 04 agricultural and veterinary sciences Revealed comparative advantage Single market spirits industry revealed comparative advantage Environmental sciences Sustainability 040103 agronomy & agriculture 0401 agriculture forestry and fisheries Business |
| Zdroj: | Sustainability, Vol 13, Iss 5692, p 5692 (2021) Sustainability Volume 13 Issue 10 |
| ISSN: | 2071-1050 |
| Popis: | Despite a decreased share of gross domestic product, the role of a country’s food and beverage industry cannot be underestimated. Food security should be a crucial part of national policy in every country because, during critical situations, such as the COVID-19 pandemic, it plays a key role in the protection of a country’s citizens. The food industry also plays a key role in employment and the sustainable development of all countries. We investigated the latest trends and focused on one specific branch of the food industry. Although the spirits industry does not have a major market share in the food industry, it is one of the branches with the highest added value, and it produces commodities with high export potential. This branch of the food industry in the Slovak Republic has a long tradition. Our primary aim was to examine the competitiveness of this sector in a single market of the EU as a key element of its sustainable development. The results obtained for the revealed comparative advantage suggest that there was a downturn in the number of competitive branches in the Slovak spirits industry during the study period of 2004–2018. Despite this negative trend, the remaining competitive branches of the Slovak spirits industry represent the majority of exports. |
| Databáze: | OpenAIRE |
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