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| 1 |
ID:
171825
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| Summary/Abstract |
Since Đổi Mới in 1986, Vietnam has implemented a comprehensive economic renovation programme, including governance reform. As a result, the country has experienced impressive growth, mainly fuelled by rapid export expansion. This paper aims to examine the correlation between Vietnam’s export efficiency and bilateral-specific governance performance indicator during the 1996–2014 period. The results show that Vietnam’s export efficiency is positively correlated with the bilateral governance indicator and regional trade agreements, but negatively correlated with tariffs in the importing countries. The performance of Vietnam’s export efficiency also displays an overall increasing trend, with some fluctuation before 2005 and gradual rise afterwards. The country achieved high efficiency in terms of exports to all major trading partners—with the exception of China. At the disaggregated level, export efficiency in electronic equipment is very low, suggesting that there remains large unrealized export potential in this product category. Overall, these results indicate that there is plenty of room for Vietnam’s exports to grow in the future if the country can improve its efficiency in particular export products and/or markets.
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| 2 |
ID:
120078
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| Publication |
2012.
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| Summary/Abstract |
In the backdrop of persistent trade deficit, Bangladesh has been extensively liberalizing its trade regime since 1992 in order to achieve higher export performance and GDP growth. However, despite the liberalization, imports are still growing faster than exports, increasing trade deficit. The article empirically examines the impacts of trade liberalization on export performance in Bangladesh, using the ARDL 'Bounds Test' approach with annual time series data. Empirical results indicate that trade liberalization is having statistically significant but low impact on aggregate export. Neither capital stock as a technology transfers nor liberalization through reduction and withdrawal of export duties shows a significant impact on export performance. Exports are mostly stimulated by GDP growth. The interaction of liberalization with GDP increases exports a little, hence improving the trade balance. However, the liberalization enhances imports compared to exports hence the trade deficit. Therefore, a combined and consistent policy to promote GDP growth, technology transfers and domestic price stability, including education, infrastructures and backward linkage industries is essential in order to achieve higher export performance in Bangladesh.
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| 3 |
ID:
120022
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| 4 |
ID:
141338
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| Summary/Abstract |
Entering and surviving in export markets is a costly process that involves learning about the existence of foreign demand, ‘discovering’ production costs, building up reputation, succeeding in product branding to reduce competitive pressures and to upgrade quality to serve demanding international clients, and remaining competitive in the marketplace. This article argues that tourism alleviates some of these costs by providing an inexpensive platform for cost discovery and by acting as an accessible ‘in-house’ trade fair for domestic producers. It combines product-level data on world and Nepal’s exports with Nepalese data on tourist inflows, and macro-indicators on relative prices. For tourism-related goods, it reveals a positive association between tourist inflows from given destinations with future merchandise exports to those destinations, while no association is found for goods unrelated to tourism. The results suggest spillovers from tourism into merchandise export performance and diversification and gains from cooperation between tourism and export promotion.
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| 5 |
ID:
186836
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| Summary/Abstract |
This paper empirically investigated the trade competitiveness and trade potential of Pakistan and ASEAN countries in the Chinese market. The study utilizes trade data for the period of 2003–2019 to assess the bilateral trade aspects by using an extended gravity equation. In addition, the PPML model and constant market share analysis are applied to examine trade potential and competitiveness, respectively. Market size, distance, trade openness, revealed comparative advantage position and common border play an important role in bilateral trade of Pakistan and ASEAN with China, and coefficients of all these variables comply with the economic theory and are statistically significant. Pakistan along with Brunei, Cambodia, Laos, Myanmar, Philippines, and Thailand has great trade potential in the Chinese market. Particularly Cambodia and Vietnam are enjoying the highest competitive advantage as compared to other ASEAN countries. Pakistan’s export performance in China’s market relies on the market distribution effect. Based on this study, we have discussed country-specific future policy discourse for Pakistan and ASEAN countries in detail.
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