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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Format: | Article |
Language: | English |
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International Journal of Food and Agricultural Economics
2020-07-01
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Series: | International Journal of Food and Agricultural Economics |
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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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format | Article |
id | doaj.art-61c31d77f12a4e4eaf28e3e558967ee5 |
institution | Directory Open Access Journal |
issn | 2147-8988 2147-8988 |
language | English |
last_indexed | 2024-04-10T10:28:46Z |
publishDate | 2020-07-01 |
publisher | International Journal of Food and Agricultural Economics |
record_format | Article |
series | International Journal of Food and Agricultural Economics |
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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