Publication Date:
2020-07-17
Description:
The gravity model was used in this paper to clarify the influencing factors of the export value of non-timber forest products (NTFPs) for Vietnam from 2003 to 2017. The estimates of this model indicate the importance of the size of economies, distance, common borders, exchange rates, average forest area, natural forest closing (NFC) policy of the Vietnamese government, sanitary and phytosanitary measures (SPS), and the interaction of SPS and importers’ GDP (SPS-GDP) as determinants of NTFP export of Vietnam. The main result of this study is the distinct and contradictory effect of NFC policy and SPS measures. While, the NFC policy increase the value of Vietnam's NTFP exports, SPS measures significantly decrease the exportation. Using the SPS-GDP interaction variable yields a noticeable result: the negative impact of SPS on NTFP trade decreases with increasing income of NTFP importers. Furthermore, the NFC needs to continue to implement policies to increase investments in the NTFPs trade, increase the quality of NTFP products from planting, harvesting, to processing, to meet the requirements of future importers. The findings offer several implications both in theory and in practice for trade policies, economic development theory based on Vietnam's forest resources.
Print ISSN:
0045-5067
Electronic ISSN:
1208-6037
Topics:
Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition
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