Export growth drivers and economic development

Mora, Jesse; Olabisi, Michael

doi:10.1007/s00181-022-02204-w

Cited by 2 publications

(1 citation statement)

References 46 publications

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“…The Herfindahl-Hirschman index (HHI) was employed to measure diversification in exports. This analytical tool is widely used in economics and business studies to assess concentration and diversification in various contexts, such as trade, market competition, and industrial structure [1,[58][59][60][61][62]. The HHI is calculated by summing the squares of the market shares of each entity (in this case, countries receiving the exports) [63,64].…”

Section: Methodsmentioning

confidence: 99%

Market Diversification and Competitiveness of Fresh Grape Exports in Peru

Montes Ninaquispe,

Vasquez Huatay,

Ludeña Jugo

et al. 2024

Sustainability

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Global trade and globalization have driven growth and diversification in the horticultural industry. Fresh grapes, a key product, face challenges of market volatility, trade barriers, and logistics. Market diversification is essential for stability and competitiveness in international trade. This research focused on analyzing market diversification in Peru’s fresh grape exports during the 2013–2022 period, exploring its implications for international trade. A quantitative methodology was used, along with the analysis of publicly recorded data on the website of the National Superintendence of Customs and Tax Administration, specifically exports from companies shipping under the national subheading for Grapes (0806.10.00.00). Diversification was analyzed using the Herfindahl–Hirschman concentration index (HHI), and competitiveness through the Balassa index. The main findings were that between 2013 and 2022, Peruvian grape exports grew in value (CAGR of 12.02%) and volume (CAGR of 12.13%). The sector expanded with an average of 151.2 companies and 59.1 destination markets. Diversification varied: the USA (12.4%), the Netherlands (1.6%), Hong Kong (4.2%), and Mexico (63.2%). The Herfindahl–Hirschman index showed concentration in the USA (4533 in 2020, 4519 in 2022) and stability in companies (2318 in 2014, 2450 in 2022). Finally, it is recommended to strengthen the Peruvian viticultural sector by maintaining geographic diversification through policies seeking new markets, monitoring global trends, constantly analyzing market concentration, and promoting fair competition among participating companies, allowing new ones to enter this sector.

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Section: Methodsmentioning

confidence: 99%

Market Diversification and Competitiveness of Fresh Grape Exports in Peru

Montes Ninaquispe,

Vasquez Huatay,

Ludeña Jugo

et al. 2024

Sustainability

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Impact of Financial Liberalization on Export: Evidence from Kosovo

Spahiu

Durguti²

2023

Studia Universitatis „Vasile Goldis” Arad – Economics Series

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The current study observes the link between export levels, GDP growth, gross savings, lending interest rates, and real interest rates. This study's evaluation approach combines an Ordinary Least Squares (OLS), and Arrellano-Bover/Blundell-Bond estimation to observe the connection among export level, GDP growth, gross savings, lending interest rates, and real interest rate as a component of financial liberalization in the case of Kosovo over 12 years from 2009 to 2020. The findings reveal that GDP growth and lending interest rates have a positive impact on the level of export growth. However, as a component of financial liberalization, real interest rates have a negative impact on the level of exports. Whereas econometric analyses revealed that gross savings were insignificant. The negative relationship between the real interest rate and the level of exports represents that real interest rates restricted the financial possibility for businesses to maximize the level of exports throughout the research period. Due to the limited number of observations, this study is limited to analyzing the long-term correlations between the factors that characterize financial liberalization and export progress in the context of Kosovo. To meet the objective of growing exports, policymakers must design policies to enhance the financial system and invest in infrastructure development to encourage the business sector that exports its products or services.

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Export growth drivers and economic development

Cited by 2 publications

References 46 publications

Market Diversification and Competitiveness of Fresh Grape Exports in Peru

Market Diversification and Competitiveness of Fresh Grape Exports in Peru

Impact of Financial Liberalization on Export: Evidence from Kosovo

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