Determinants of Structural Changes of Food Exports from Developing Countries
AbstractOver the past three decades, there has been a rapid expansion of processed food exports in developing countries, replacing traditional agriculture exports such as coffee and tea. However, this development and its policy implications have received little attention in the literature. This paper aims to redress this oversight by providing an overview of key characteristics and growth patterns of processed food exports in developing countries. The determinants of structural changes toward processed food exports in developing countries are examined using panel data econometric analysis. The results suggests that trade policy openness, large domestic market, good macroeconomic management especially in terms of price stability, as well as adequate financial support and infrastructure are the key factors that influence the structural changes toward processed food products.
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Bibliographic InfoPaper provided by Asian Development Bank in its series ADB Economics Working Paper Series with number 166.
Length: 41 pages
Date of creation: Jul 2009
Date of revision:
Food Safety Standards; Processed food trade; developing countries;
Find related papers by JEL classification:
- L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
This paper has been announced in the following NEP Reports:
- NEP-AGR-2010-04-17 (Agricultural Economics)
- NEP-ALL-2010-04-17 (All new papers)
- NEP-DEV-2010-04-17 (Development)
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