Export performance during economic transition in Mongolia

Davaakhuu, Oyunbadam; Sharma, Kishor; Bandara, Yapa M.W.Y.

doi:10.1016/j.eap.2014.11.003

Cited by 10 publications

(5 citation statements)

References 15 publications

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“…On these grounds, it is legitimate to argue that least-developed landlocked economies like Mongolia may not fully reap the benefits of trade liberalization. While the effects of liberalization on Mongolian export performance have previously been examined, there has not been any study investigating its consequences on import intensity despite the fact that liberalization reforms were aimed at improving competitiveness (Davaakhuu, Sharma, & Bandara, 2014;Davaakhuu, Sharma, & Oczkowski, 2015). This article sheds light on this issue by examining the effects of liberalization on import intensity of the Mongolian manufacturing.…”

Section: Introductionmentioning

confidence: 97%

Trade Liberalization and Import Intensity in the Mongolian Manufacturing

Davaakhuu

Sharma

Bandara

2018

Global Business Review

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This article presents an empirical analysis of the consequences of trade liberalization on import intensity in Mongolia, a ‘least-developed landlocked country’ with weak institutions and severe infrastructure bottlenecks. The theoretical framework employed in modelling is based on industrial organization and international trade literature. Our results suggest that foreign investment stimulates import intensity possibly due to the prevalence of intra-firm trade between subsidies, while the protection of domestic market and state ownership reduces import intensity. There is no statistically significant evidence to suggest that import intensity is lower in unskilled labour-intensive industries. These findings have significant policy implications for further liberalization in order to improve Mongolia’s trade competitiveness.

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Section: Introductionmentioning

confidence: 97%

Trade Liberalization and Import Intensity in the Mongolian Manufacturing

Davaakhuu

Sharma

Bandara

2018

Global Business Review

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“…Recent empirical literatures have explored the relationship between foreign trade and economic growth from newer and more specific perspectives, such as energy consumption and utilization [16][17][18][19] and agriculture. In addition, the available empirical literature focuses more on developing countries, such as China, Kenya, and Mongolia, aiming to investigate how export products' structure, export strength, and other factors promote economic growth [20,21]. Furthermore, new models and methods are used.…”

Section: Introductionmentioning

confidence: 99%

The Contribution of Chicken Products’ Export to Economic Growth: Evidence from China, the United States, and Brazil

Wen

Li²,

Sun

et al. 2019

Sustainability

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As a core industry of the national economy, there is no doubt that the agricultural sector has to adapt to the new economic development. In the literature, many researchers have agreed that agricultural export is an important factor affecting economic growth. This paper explores the contribution of chicken products’ export to economic growth and the causal relationship between them. Based on the data from the Food and Agriculture Organization of the United Nations (FAO) and World Bank between 1980 and 2016, this paper describes and compares the characteristics of chicken products’ export trade of China, the United States, and Brazil. By applying the co-integration analysis, we find that there is no significant long-term equilibrium relationship between chicken products’ export and economic growth rate in China, the United States, or Brazil. However, the growth rate of chicken products’ export significantly promotes the economic growth rate for the United States. Besides, for both China and the United States, the direct pull degree (an estimator quantifying the degree of agricultural products’ exports in stimulating economic growth) of chicken products’ export is relatively small and less volatile. Yet, the direct pull degree of China is 14 times that of the United States, and the contribution to the economic growth rate of the United States is 8 times that of China. Both the direct pull degree and economic growth contribution of chicken products’ export of Brazil fluctuates more often, and its direct pull degree is 0.25 times that of China, and the economic contributions to the growth rate is 1.65 times that of China.

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“…It is a resource‐rich landlocked country, sandwiched between the Russian Federation to the north and the Republic of China to the east, south and west. Since becoming a WTO member, it has continued with policy reforms and by now, it is considered as one of the most open economies in East Asia (Davaakhuu et al., ). While these reforms have led to a significant improvement in growth performance, largely brought about by foreign investment in the mining sector, the overall economic performance is far from satisfactory.…”

Section: Introductionmentioning

confidence: 99%

Trade Policymaking in a Resource‐rich Landlocked Country: The WTO Review of Mongolia

Sharma

Davaakhuu

2015

World Economy

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The aim of this paper is to provide a comprehensive assessment of the Trade Policy Review of Mongolia (TPRM) 2014. The TPRM 2014 demonstrates that the Mongolian economy is relatively open and it has very low formal trade barriers although there remain significant behind‐the‐borders barriers, including poor governance and infrastructure. Being a landlocked country, any major cross‐border‐price differences quickly results in informal trade with neighbouring China, limiting Mongolia's ability to pursue independent commercial policy. Mongolia's growth is not broad based and largely driven by the mining boom, making its economy highly vulnerable to external shocks. While this is not unique to Mongolia, and has been seen in many natural resource‐abundant countries, experience suggests that countries with sound institutions and macroeconomic policies have overcome the so‐called resource curse.

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Export performance during economic transition in Mongolia

Cited by 10 publications

References 15 publications

Trade Liberalization and Import Intensity in the Mongolian Manufacturing

Trade Liberalization and Import Intensity in the Mongolian Manufacturing

The Contribution of Chicken Products’ Export to Economic Growth: Evidence from China, the United States, and Brazil

Trade Policymaking in a Resource‐rich Landlocked Country: The WTO Review of Mongolia

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