Analysis of Food Imports in a Highly Import Dependent Economy

Analysis of Food Imports in a Highly Import Dependent Economy AbstractThis analysis of food imports used an enhanced gravity model of trade, with food imports from approximately 136 countries from 2004 to 2014. Using improved panel data techniques, we show that total income, inflation in the food exporting country, corruption perception in the food exporting country, trade openness in the food exporting economy, GCC membership are important determinants of food imports by Qatar. In addition, we show that Qatari food imports mostly originate in countries with, on average, similar economic sizes. Finally, Qatar’s factor endowment is dissimilar to those of most of its trading partners, a situation that potentially fosters international food trade in accordance with the Heckscher–Ohlin theory of trade. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Middle East Economics and Finance de Gruyter

Analysis of Food Imports in a Highly Import Dependent Economy

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Publisher
de Gruyter
Copyright
© 2017 Walter de Gruyter GmbH, Berlin/Boston
ISSN
1475-3693
eISSN
1475-3693
DOI
10.1515/rmeef-2016-0033
Publisher site
See Article on Publisher Site

Abstract

AbstractThis analysis of food imports used an enhanced gravity model of trade, with food imports from approximately 136 countries from 2004 to 2014. Using improved panel data techniques, we show that total income, inflation in the food exporting country, corruption perception in the food exporting country, trade openness in the food exporting economy, GCC membership are important determinants of food imports by Qatar. In addition, we show that Qatari food imports mostly originate in countries with, on average, similar economic sizes. Finally, Qatar’s factor endowment is dissimilar to those of most of its trading partners, a situation that potentially fosters international food trade in accordance with the Heckscher–Ohlin theory of trade.

Journal

Review of Middle East Economics and Financede Gruyter

Published: Sep 13, 2017

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