Countries’ Image and Agricultural Trade Volume

Christos Staboulis (), Dimitrios Natos, Efthimia Tsakiridou and Konstadinos Mattas
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Christos Staboulis: Aristotle University of Thessaloniki
Dimitrios Natos: Aristotle University of Thessaloniki
Efthimia Tsakiridou: Aristotle University of Thessaloniki
Konstadinos Mattas: Aristotle University of Thessaloniki

Chapter Chapter 4 in Food Policy Modelling, 2022, pp 59-72 from Springer

Abstract: Abstract The main focus of this paper is to demonstrate empirically that country of origin perceptions have an impact on actual agricultural trade volume. Moreover, a second aim is to compare these effects on agricultural trade volume with effects on the non-agricultural sectors (manufacture, machinery and transportation equipment as well as the chemicals sector). The study empirically tests these relationships using a bilateral measure of reputation as a determinant of export volume, utilizing one of the most successful models in the literature of international economics, the structural gravity model of international trade. Countries’ reputation measures are derived from a global survey, in which respondents in 20 countries rate the reputation for products and people of 50 other countries. As the results indicate, a better country reputation for products and people is associated with increased agricultural trade volume. It is worth noting that the effects of a country’s image concerning its products are minor in the agricultural sector in comparison with the three other investigated sectors.

Keywords: Gravity equation model; International trade; Reputation (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:comchp:978-3-031-08317-4_4

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DOI: 10.1007/978-3-031-08317-4_4

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