EFFECT OF “GOLDEN PINEAPPLE INNOVATION” ON COSTA RICA'S PINEAPPLE EXPORTS TO U.S. MARKET: AN ECONOMETRIC APPROACH

An investigation was conducted on the effect of introducing a new variety of pineapple, known as golden pineapple (MD2) on the level of pineapple exports to the US market. Based on historical trade data from 1983 to 2017, a univariate structural econometric model was adjusted including variables rel...

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Main Authors: Javier Paniagua-Molina, Luis Ricardo Solís-Rivera
Format: Article
Language:English
Published: International Journal of Food and Agricultural Economics 2020-07-01
Series:International Journal of Food and Agricultural Economics
Subjects:
Online Access:https://www.foodandagriculturejournal.com/vol8.no3.pp219.pdf
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author Javier Paniagua-Molina
Luis Ricardo Solís-Rivera
author_facet Javier Paniagua-Molina
Luis Ricardo Solís-Rivera
author_sort Javier Paniagua-Molina
collection DOAJ
description An investigation was conducted on the effect of introducing a new variety of pineapple, known as golden pineapple (MD2) on the level of pineapple exports to the US market. Based on historical trade data from 1983 to 2017, a univariate structural econometric model was adjusted including variables related to export demand and isolating the effect of innovation through a binary control variable. The results obtained show that the effect of the innovation was a 25.27% increase in exports from Costa Rica to the North American market since the innovation was implemented. Conveniently, agricultural policymakers should consider similar studies to visualize the impact that innovation has on agricultural activities, and based on this, to plan, research, develop, and innovate programs within the agricultural sector.
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spelling doaj.art-61c31d77f12a4e4eaf28e3e558967ee52023-02-15T16:21:14ZengInternational Journal of Food and Agricultural EconomicsInternational Journal of Food and Agricultural Economics2147-89882147-89882020-07-0183219231EFFECT OF “GOLDEN PINEAPPLE INNOVATION” ON COSTA RICA'S PINEAPPLE EXPORTS TO U.S. MARKET: AN ECONOMETRIC APPROACHJavier Paniagua-Molina0Luis Ricardo Solís-Rivera1University of Costa Rica, Agricultural Economics and Agribusiness Department, Costa RicaUniversity of Costa Rica, Agricultural Economics and Agribusiness Department, Costa RicaAn investigation was conducted on the effect of introducing a new variety of pineapple, known as golden pineapple (MD2) on the level of pineapple exports to the US market. Based on historical trade data from 1983 to 2017, a univariate structural econometric model was adjusted including variables related to export demand and isolating the effect of innovation through a binary control variable. The results obtained show that the effect of the innovation was a 25.27% increase in exports from Costa Rica to the North American market since the innovation was implemented. Conveniently, agricultural policymakers should consider similar studies to visualize the impact that innovation has on agricultural activities, and based on this, to plan, research, develop, and innovate programs within the agricultural sector.https://www.foodandagriculturejournal.com/vol8.no3.pp219.pdfinnovation adoptionpineapplesagricultural tradeeconometric modelscosta rica
spellingShingle Javier Paniagua-Molina
Luis Ricardo Solís-Rivera
EFFECT OF “GOLDEN PINEAPPLE INNOVATION” ON COSTA RICA'S PINEAPPLE EXPORTS TO U.S. MARKET: AN ECONOMETRIC APPROACH
International Journal of Food and Agricultural Economics
innovation adoption
pineapples
agricultural trade
econometric models
costa rica
title EFFECT OF “GOLDEN PINEAPPLE INNOVATION” ON COSTA RICA'S PINEAPPLE EXPORTS TO U.S. MARKET: AN ECONOMETRIC APPROACH
title_full EFFECT OF “GOLDEN PINEAPPLE INNOVATION” ON COSTA RICA'S PINEAPPLE EXPORTS TO U.S. MARKET: AN ECONOMETRIC APPROACH
title_fullStr EFFECT OF “GOLDEN PINEAPPLE INNOVATION” ON COSTA RICA'S PINEAPPLE EXPORTS TO U.S. MARKET: AN ECONOMETRIC APPROACH
title_full_unstemmed EFFECT OF “GOLDEN PINEAPPLE INNOVATION” ON COSTA RICA'S PINEAPPLE EXPORTS TO U.S. MARKET: AN ECONOMETRIC APPROACH
title_short EFFECT OF “GOLDEN PINEAPPLE INNOVATION” ON COSTA RICA'S PINEAPPLE EXPORTS TO U.S. MARKET: AN ECONOMETRIC APPROACH
title_sort effect of golden pineapple innovation on costa rica s pineapple exports to u s market an econometric approach
topic innovation adoption
pineapples
agricultural trade
econometric models
costa rica
url https://www.foodandagriculturejournal.com/vol8.no3.pp219.pdf
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