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Market-Creating Effect of the Internet on Food Trade

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  • Bojnec, Stefan
  • Ferto, Imre

Abstract

This paper analyses the impact of the number of the Internet users on food industry trade between developed OECD countries using both panel and cross-sectional data. We find the positive, significant and over time increasing effect of the Internet on food industry exports confirming that the Internet reduces market-specific entry costs for food industry exports. The significant positive effect pertained to the Internet is found in the importing countries. The significant positive effects on food industry exports are found for the country’s economic size and bilateral common features and proximities. The Internet mitigates the countries proximities, but increased the distance between the countries.

Suggested Citation

  • Bojnec, Stefan & Ferto, Imre, 2010. "Market-Creating Effect of the Internet on Food Trade," 84th Annual Conference, March 29-31, 2010, Edinburgh, Scotland 91958, Agricultural Economics Society.
    • Handle: RePEc:ags:aesc10:91958
    DOI: 10.22004/ag.econ.91958
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    File URL: https://ageconsearch.umn.edu/record/91958/files/120Bojnec-Ferto.pdf
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    References listed on IDEAS

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    1. repec:wop:calsdi:96-17 is not listed on IDEAS
    2. Wouter Denhaan & Andrew T. Levin, 1996. "VARHAC Covariance Matrix Estimator (GAUSS)," QM&RBC Codes 64, Quantitative Macroeconomics & Real Business Cycles.
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    Cited by:

    1. Bing Li & Linyue Li & Rou Li & Yunsong Yue, 2023. "Internet and firms’ exports and imports: Firm level evidence from China," The World Economy, Wiley Blackwell, vol. 46(3), pages 835-872, March.
    2. Yadav Niru, 2014. "The Role of Internet Use on International Trade: Evidence from Asian and Sub-Saharan African Enterprises," Global Economy Journal, De Gruyter, vol. 14(2), pages 1-26, April.
    3. Yang, Mengjun & Zheng, Shilin & Zhou, Lin, 2022. "Broadband internet and enterprise innovation," China Economic Review, Elsevier, vol. 74(C).

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