Table 2.
Revealed comparative advantages of agri-food sector of the WB countries calculated by different indicators.
| Serbia | ||||
|---|---|---|---|---|
| Mean 2005–2019 | 2.57 | 1.65 | 0.94 | 1.02 |
| Coef. of variation | 12.3% | 19.7% | 13.4% | 15.4% |
| Correlation analysis | ||||
| RXA | RTA | ln RXA | RC | |
| RXA | 1 | |||
| RTA | 0.9648 | 1 | ||
| ln RXA | 0.9988 | 0.9671 | 1 | |
| RC | 0.7906 | 0.9235 | 0.7994 | 1 |
| Bosnia and Herzegovina | ||||
| Mean 2005–2019 | 1.02 | −1.26 | 0.02 | −0.80 |
| Coef. of variation | 8.8% | −16.0% | 431.0% | −13.6% |
| Correlation analysis | ||||
| RXA | RTA | ln RXA | RC | |
| RXA | 1 | |||
| RTA | 0.2532 | 1 | ||
| ln RXA | 0.9993 | 0.2289 | 1 | |
| RC | 0.6474 | 0.9007 | 0.6282 | 1 |
| Croatia | ||||
| Mean 2005–2019 | 1.57 | 0.12 | 0.45 | 0.08 |
| Coefficient of variation | 6.1% | 138.3% | 13.6% | 136.5% |
| Correlation analysis | ||||
| RXA | RTA | ln RXA | RC | |
| RXA | 1 | |||
| RTA | 0.3533 | 1 | ||
| ln RXA | 0.9986 | 0.3288 | 1 | |
| RC | 0.2942 | 0.9973 | 0.2699 | 1 |
| North Macedonia | ||||
| Mean 2005–2019 | 1.91 | 0.27 | 0.61 | 0.13 |
| Coef. of variation | 28.2% | 117.4% | 49.9% | 121.7% |
| Correlation analysis | ||||
| RXA | RTA | ln RXA | RC | |
| RXA | 1 | |||
| RTA | 0.6827 | 1 | ||
| ln RXA | 0.9920 | 0.7115 | 1 | |
| RC | 0.6994 | 0.9925 | 0.7379 | 1 |
| Montenegro | ||||
| Mean 2006–2018 | 1.87 | −0.96 | 0.59 | −0.44 |
| Coefficient of variation | 30.1% | −39.9% | 44.0% | −38.0% |
| Correlation analysis | ||||
| RXA | RTA | ln RXA | RC | |
| RXA | 1 | |||
| RTA | 0.7194 | 1 | ||
| ln RXA | 0.9846 | 0.6122 | 1 | |
| RC | 0.9116 | 0.9220 | 0.8599 | 1 |
| Albania | ||||
| Mean 2005–2018 | 0.98 | −1.10 | −0.05 | −0.76 |
| Coef. of variation | 23.9% | −32.1% | −531.1% | −31.4% |
| Correlation analysis | ||||
| RXA | RTA | ln RXA | RC | |
| RXA | 1 | |||
| RTA | 0.1928 | 1 | ||
| ln RXA | 0.9858 | 0.1441 | 1 | |
| RC | 0.7154 | 0.8171 | 0.6878 | 1 |
Note: RXA > 1; RTA > 0; ln RXA > 0; RC > 0. Source: own research on basis of UN Comtrade [38].