Assessment of Herbal Extract Industry in West Azerbaijan Province

Seyyed Jafar Zonoozi and Soghra Rezai Nasab

Asian Economic and Financial Review, 2015, vol. 5, issue 7, 947-958

Abstract: The development of non-oil export and extension of industrial clusters have been always important policies in the economic development strategies of the country and are a part of resistance economy principles. So in the present research, major export barriers of herbal extracts are examined and ranked in West Azerbaijan in 2012. The population of the research includes 22 production units and experts of industrial clusters of herbal extracts in West Azerbaijan. Descriptive and inferential statistics are used to analyze data. In this research, 16 factors are identified as export barriers of herbal extracts in West Azerbaijan and are prioritized based on mean rank. Awareness of barriers to export herbal extracts helps the officials take effective actions to remove them. Finally, solutions are proposed to improve and promote the herbal extract industry in this province and to also solve problems in this industry.

Keywords: Export; Non-oil export; Export barriers; Herbs; Herbal extract industry; International trade. (search for similar items in EconPapers)
Date: 2015
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