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E-commerce and Exports in Europe: A Dynamic Panel Data Approach

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  • Radovan Kastratović
  • Predrag Bjelić

Abstract

In this article, we investigate if the greater development of e-commerce affects exports. Furthermore, we consider how other aspects of information and communication technology, including e-government and the prevalence of internet use in the workforce, affect exports on the sector level. The system generalized method of moments was applied to estimate a dynamic exports model using panel data on 32 European countries in the period of 2009 to 2017. Our findings indicate that only e-commerce positively affects exports, particularly in the service and manufacturing sectors. The results imply that e-commerce development could be used as an export-enhancing policy instrument.

Suggested Citation

  • Radovan Kastratović & Predrag Bjelić, 2022. "E-commerce and Exports in Europe: A Dynamic Panel Data Approach," The International Trade Journal, Taylor & Francis Journals, vol. 36(6), pages 502-526, November.
    • Handle: RePEc:taf:uitjxx:v:36:y:2022:i:6:p:502-526
    DOI: 10.1080/08853908.2022.2125460
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