Global rice trade competitiveness: a shift‐share analysis

Changes in country shares of global rice exports from 1997 to 2008 are analyzed using an econometric, shift‐share analytical framework. This framework estimates growth rates and disaggregates these rates of change into geographical structure effects and performance effects. The performance effect is...

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Bibliographic Details
Published in:Agricultural economics 2015-09, Vol.46 (5), p.667-676
Main Authors: Lakkakula, Prithviraj, Dixon, Bruce L, Thomsen, Michael R, Wailes, Eric J, Danforth, Diana M
Format: Article
Language:English
Subjects:
Butterflies & moths
econometrics
exports
F14
Frogs
International trade
issues and policy
markets
O24
Q17
rice
Rice exports
Shift-share analysis
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Summary:Changes in country shares of global rice exports from 1997 to 2008 are analyzed using an econometric, shift‐share analytical framework. This framework estimates growth rates and disaggregates these rates of change into geographical structure effects and performance effects. The performance effect is further decomposed into two subeffects accounting for adaptation to changes in the geographical structure of the marketplace and a competitiveness effect. A restricted, weighted, two‐way fixed effects model is specified for estimating the geographical structure and performance effects. Results indicate a growing concentration among a few exporting countries in the global rice market, and the competitiveness effect is often significant. Government policies affecting rice trade and the competitiveness of trading partners are important factors for the shifts in rice trade patterns. In particular, Vietnam is an emerging, major player in global rice trade in competition with Thailand.
ISSN:0169-5150
1574-0862
DOI:10.1111/agec.12162