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Countries’ Image and Agricultural Trade Volume

In: Food Policy Modelling

Author

Listed:
  • Christos Staboulis

    (Aristotle University of Thessaloniki)

  • Dimitrios Natos

    (Aristotle University of Thessaloniki)

  • Efthimia Tsakiridou

    (Aristotle University of Thessaloniki)

  • Konstadinos Mattas

    (Aristotle University of Thessaloniki)

Abstract

The main focus of this paper is to demonstrate empirically that country of origin perceptions have an impact on actual agricultural trade volume. Moreover, a second aim is to compare these effects on agricultural trade volume with effects on the non-agricultural sectors (manufacture, machinery and transportation equipment as well as the chemicals sector). The study empirically tests these relationships using a bilateral measure of reputation as a determinant of export volume, utilizing one of the most successful models in the literature of international economics, the structural gravity model of international trade. Countries’ reputation measures are derived from a global survey, in which respondents in 20 countries rate the reputation for products and people of 50 other countries. As the results indicate, a better country reputation for products and people is associated with increased agricultural trade volume. It is worth noting that the effects of a country’s image concerning its products are minor in the agricultural sector in comparison with the three other investigated sectors.

Suggested Citation

  • Christos Staboulis & Dimitrios Natos & Efthimia Tsakiridou & Konstadinos Mattas, 2022. "Countries’ Image and Agricultural Trade Volume," Cooperative Management, in: Konstadinos Mattas & George Baourakis & Constantin Zopounidis & Christos Staboulis (ed.), Food Policy Modelling, chapter 0, pages 59-72, Springer.
    • Handle: RePEc:spr:comchp:978-3-031-08317-4_4
    DOI: 10.1007/978-3-031-08317-4_4
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