Open AccessEstimating the impact of export costs on Vietnam‟s export
Author(s) -
Tu Thi Cam
Publication year - 2018
Publication title -
khoa học và công nghệ: kinh tế - luật - quản lý
Language(s) - English
Resource type - Journals
ISSN - 2588-1051
DOI - 10.32508/stdjelm.v1iq5.493
Subject(s) - context (archaeology) , vietnamese , panel data , export performance , openness to experience , international economics , competition (biology) , economics , sustainability , international trade , value (mathematics) , production (economics) , business , econometrics , macroeconomics , biology , mathematics , psychology , social psychology , philosophy , linguistics , ecology , statistics , paleontology
In the context of increasing international competition, production and export costs are the two crucial factors affecting the competitiveness and sustainability of developing ountries’ export growth The p per hen e fo use on estim ting the imp t of export ost on Vien m’s export value. This paper employed panel data set which covers the annual export from 2001 to 2013 of 70 Vietnamese major exporters with 910 observations. Hausman – Taylor (1981) test is used to compare the Random-effects (RE) and Fixed-effects (FE) estimations to determine the most appropriate. The findings confirmed that export cost plays an import nt role in the Vietn m’s export perform n e in the period 2001-2013. The determinants of Vietn m’s export v lue re tr e ost (-2.965), Vietn m’s GDP (0 658) importer’s GDP (0 413) importer’s popul tion (0 289) importer’s openness (0.252). This suggests that the Vietnamese Government should attempt to reduce domestic trade costs to enhance competitiveness and boost export growth sustainably.