Munemo, J., Bandyopadhyay, S., & Basistha, A. (2007). Foreign Aid and Export Performance: A Panel Data Analysis of Developing Countries. Federal Reserve Bank of St. Louis Working Paper 2007-023.
http://research.stlouisfed.org/wp/2007/2007-023.pdf
https://doi.org/10.20955/wp.2007.023

has been cited by the following article:

• TITLE: Determinants of Export Demand Function for Malawi Tobacco

  AUTHORS: Nomore Nkhoma, Yohana James Mgale, Yunxian Yan

  KEYWORDS: Export Demand, Tobacco, Panel Data, Fixed Effects, Malawi

  JOURNAL NAME: Open Journal of Business and Management, Vol.9 No.4, July 20, 2021

  ABSTRACT: This paper examines the export demand function of Malawi tobacco using panel data from 1997 to 2019. It estimates the relationship of tobacco quantity exported with Malawi’s export price, competitor’s export price, Gross Domestic Product (GDP), Real effective exchange rate (REER) as well as the impact of the World Health Organization’s (WHO) Framework Convention on Tobacco Control (FCTC). A double log fixed effects model with driscoll- kraay standard errors as well as fixed effects model with Least Square Dummy Variables (LSDV) model was used for empirical estimation. The empirical results confirmed that there exists a significant relationship among Malawi tobacco export demand, trade partner’s real income and export price. Furthermore, REER was elastic, while own price and cross price elasticities were less than zero. The results indicated that Malawi should take advantage of the high incomes of the tobacco importing countries to enhance international market share.