Determinants of Structural Changes of Food Exports from Developing Countries

Juthathip Jongwanich and Nedelyn Magtibay-Ramos
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Nedelyn Magtibay-Ramos: Asian Development Bank

No 166, ADB Economics Working Paper Series from Asian Development Bank

Abstract: Over 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.

Keywords: Food Safety Standards; Processed food trade; developing countries (search for similar items in EconPapers)
JEL-codes: L66 (search for similar items in EconPapers)
Pages: 41 pages
Date: 2009-07
New Economics Papers: this item is included in nep-agr and nep-dev
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbewp:0166

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