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Assessment of the factors influencing the export of coconut from the Philippines

2020; Inderscience Publishers; Volume: 11; Issue: 4 Linguagem: Inglês

10.1504/ijvcm.2020.111080

1741-5365

John K.M. Kuwornu, Marife L. Moreno, Edward Martey,

Coconut Research and Applications

This study examined the factors influencing the exports of raw coconut from the Philippines to Japan, Hong Kong and China using the gravity model and time series data spanning 1961-2017. In the short-run, the results showed that a one-year lag of the export quantity of raw coconut influenced the current export quantity. The one-year lag of the export value of raw coconut influenced the current export value. In the long-run, the factors that positively influenced the export quantity and value of raw coconut are the coconut production quantity, the gross domestic product of Hong Kong, the population of China and Japan, and the exchange rates of the Chinese Yuan and Japanese yen. The factors that negatively influenced the export quantity and value of raw coconut are the gross domestic product of Japan, the population of the Philippines and Hong Kong, and the exchange rate of the Hong Kong dollar.