Market-Creating Effect of the Internet on Food Trade

Štefan Bojnec () and Imre Fertő

No 91958, 84th Annual Conference, March 29-31, 2010, Edinburgh, Scotland from Agricultural Economics Society

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.

Keywords: International; Development (search for similar items in EconPapers)
Pages: 26
Date: 2010-03-29
New Economics Papers: this item is included in nep-agr, nep-ict and nep-int
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aesc10:91958

DOI: 10.22004/ag.econ.91958

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