الوصف: |
This research aims to characterize the evolution of the trade relations between Panama and the European Union, specifically analysing Panama exports to the European Union market. To achieve this objective, the Shift-Share analysis methodology was applied to the most recent data on Panama-European Union trade available in the Statistical Office of the European Communities (Eurostat), comprehending the period between 2011 and 2016. Based on the analysis conducted, it was possible to observe that exports from Panama to the European Union experienced a slight average annual growth of 9.23%; and also that the main destination countries, which represent 96.48% of exports, were: Germany, Belgium, Cyprus, Denmark, Spain, France, Grace, Holland, Italy, Poland, United Kingdom and Sweden. Furthermore, the products which represent 95.19% of Panama exports were: other vegetables, fresh or frozen, fresh fruit; beverages; stimulants and spices; perishable foodstuffs; animal feeding stuffs and foodstuff waste; oil seeds and oleaginous fruit and fats; other machinery apparatus and appliances; leather, textiles and clothing; other manufactured articles and miscellaneous articles. A decrease in the exports of the following products was captured: oilseeds and oil fats, transport equipment, miscellaneous items and other products. According to the static Shift-Share analysis made, exports from Panama to the European Union were mostly affected by decreases in exports to countries such as Belgium, Spain, Greece, Italy, Poland, and Sweden, due to regional effects. Other decreased have been found in other EU countries as well. Conversely, Panama’s exports to Cyprus, Denmark and the Netherlands registered growth mainly due to the regional component (growth of exports from Panama to that country); France recorded growth due to the effects of the structural component (growth in products exported by Panama); Germany and the United Kingdom recorded growth due to the effects of the national component (growth of exports to the EU). Besides the evidence shown and discusse, this research can be regarded as a significant contribution to the existing statistics on exports from Panama to the European Union and can be more broadly used as a tool to delineate corporate or national strategies to boost trade between two regions. |
Relation: |
Morales Mejia, Marian; Veloso, Cláudia M.; Duarte, António J.S.T.; Ribeiro, Humberto ;Alves, Sandra; Raquel Pinto (2018). A shift share approach for evaluating the trade links between Panama and the European Union. In 28th International Scientific Conference on Economic and Social Development. Paris; 1849-7535 |