Oil Palm Industry Economic Journal Vol. 4 (2) September 2004 p. 14-22
DOI:

Comparative Advantage of the European Rapeseed Industry vis-a-vis Other Oils and Fats Producers

Mohd Arif Simeh
Received:    Accepted:    Available Online:

ABSTRACT:

Rapeseed production in Europe currently constitutes to nearly one-third of the world output of about 28 million tonnes although its area is three times smaller than that in China. This paper attempts to assess its competitiveness vis-à-vis 26 other oils and fats producing countries [with special reference to other rapeseed oil producers, the least cost producer of vegetable oil and Malaysia (in the production of palm oil)]. Three economic comparisons will be used, i.e.; economic advantage, comparative advantage and structural competitiveness.

About Post Author