Financial Development and Survival of African Agri-food Exports

This paper investigates the link between export survival of agri-food products and financial development. It tests the hypothesis that financial development differentially affects the survival of exports across products based on their need of exter...

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Main Authors:	Jaud, Melise, Kukenova, Madina
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ACCESS TO CAPITAL ACCOUNTING AGRICULTURAL ECONOMICS AGRICULTURE ALLERGENS ANIMAL FEED BANK CREDITS BANK POLICY BANKING CRISIS BENCHMARK BENCHMARKING BEVERAGES BILATERAL TRADE CAPITAL INVESTMENTS CAPITAL MARKETS CEREALS CHECKS COCOA COMPARATIVE ADVANTAGE COMPLIANCE COSTS CONSUMERS CREDIT CONSTRAINTS CREDIT INFORMATION CREDIT RISK DAIRY DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DUMMY VARIABLE ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH EXPENDITURES EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT PERFORMANCE EXPORT PERFORMANCES EXPORT SHARE EXPORTER EXPORTERS EXTERNAL FINANCE FATS FINANCIAL DEVELOPMENT FINANCIAL HEALTH FINANCIAL MARKETS FINANCIAL SHOCKS FOOD ADDITIVES FOOD CHAIN FOOD EXPORTS FOOD IMPORTS FOOD POLICY FOOD PRODUCTS FOOD SAFETY FOOD STANDARDS FOOD SUPPLY FOREIGN DIRECT INVESTMENT FOREIGN MARKETS FRAUD FRUIT FRUITS GDP GDP PER CAPITA GLOBAL DEVELOPMENT FINANCE GLOBAL ECONOMY HAZARD INCOME INNOVATION INSTITUTIONAL DEVELOPMENT INSURANCE INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INTERNATIONAL TRADE LABELLING LEGAL RIGHTS LIQUIDITY LOCAL CAPITAL MARKETS MARKET ENTRY MARKET ENTRY COSTS MARKET FAILURES MARKET STRUCTURE MEAT MILLING INDUSTRY MOTIVATION NUTS PERISHABILITY PESTICIDE PRICE VOLATILITY PRIVATE CREDIT PRODUCT QUALITY PRODUCTION COSTS PRODUCTIVITY RISK ASSESSMENTS SAFETY ISSUES SAFETY PROBLEMS SAFETY STANDARDS SALES SPICES SPREAD SUGAR SUGARS SUNK COSTS SUPPLIER SUPPLY CHAIN SUPPLY CHAINS TEA TOTAL COSTS TRADE CREDIT TRADE_CREDIT TRADING TRANSACTION TRANSACTION COSTS TROPICAL FRUITS VALUE ADDED VEGETABLES WORKING CAPITAL WORLD MARKET WTO
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110815114105 http://hdl.handle.net/10986/3521

id	okr-10986-3521
recordtype	oai_dc
spelling	okr-10986-35212021-04-23T14:02:10Z Financial Development and Survival of African Agri-food Exports Jaud, Melise Kukenova, Madina ACCESS TO CAPITAL ACCOUNTING AGRICULTURAL ECONOMICS AGRICULTURE ALLERGENS ANIMAL FEED BANK CREDITS BANK POLICY BANKING CRISIS BENCHMARK BENCHMARKING BEVERAGES BILATERAL TRADE CAPITAL INVESTMENTS CAPITAL MARKETS CEREALS CHECKS COCOA COMPARATIVE ADVANTAGE COMPLIANCE COSTS CONSUMERS CREDIT CONSTRAINTS CREDIT INFORMATION CREDIT RISK DAIRY DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DUMMY VARIABLE ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH EXPENDITURES EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT PERFORMANCE EXPORT PERFORMANCES EXPORT SHARE EXPORTER EXPORTERS EXTERNAL FINANCE FATS FINANCIAL DEVELOPMENT FINANCIAL HEALTH FINANCIAL MARKETS FINANCIAL SHOCKS FOOD ADDITIVES FOOD CHAIN FOOD EXPORTS FOOD IMPORTS FOOD POLICY FOOD PRODUCTS FOOD SAFETY FOOD STANDARDS FOOD SUPPLY FOREIGN DIRECT INVESTMENT FOREIGN MARKETS FRAUD FRUIT FRUITS GDP GDP PER CAPITA GLOBAL DEVELOPMENT FINANCE GLOBAL ECONOMY HAZARD INCOME INNOVATION INSTITUTIONAL DEVELOPMENT INSURANCE INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INTERNATIONAL TRADE LABELLING LEGAL RIGHTS LIQUIDITY LOCAL CAPITAL MARKETS MARKET ENTRY MARKET ENTRY COSTS MARKET FAILURES MARKET STRUCTURE MEAT MILLING INDUSTRY MOTIVATION NUTS PERISHABILITY PESTICIDE PRICE VOLATILITY PRIVATE CREDIT PRODUCT QUALITY PRODUCTION COSTS PRODUCTIVITY RISK ASSESSMENTS SAFETY ISSUES SAFETY PROBLEMS SAFETY STANDARDS SALES SPICES SPREAD SUGAR SUGARS SUNK COSTS SUPPLIER SUPPLY CHAIN SUPPLY CHAINS TEA TOTAL COSTS TRADE CREDIT TRADE_CREDIT TRADING TRANSACTION TRANSACTION COSTS TROPICAL FRUITS VALUE ADDED VEGETABLES WORKING CAPITAL WORLD MARKET WTO This paper investigates the link between export survival of agri-food products and financial development. It tests the hypothesis that financial development differentially affects the survival of exports across products based on their need of external finance. The authors test whether exports of products that are relatively more reliant on external capital survive longer when initiated in more financially developed countries. The results suggest that agri-food products that require more external finance indeed sustain longer in foreign markets if the exporting country is more financially developed. 2012-03-19T18:03:57Z 2012-03-19T18:03:57Z 2011-05-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110815114105 http://hdl.handle.net/10986/3521 English Policy Research working paper ; no. WPS 5649 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper Africa Africa Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCESS TO CAPITAL ACCOUNTING AGRICULTURAL ECONOMICS AGRICULTURE ALLERGENS ANIMAL FEED BANK CREDITS BANK POLICY BANKING CRISIS BENCHMARK BENCHMARKING BEVERAGES BILATERAL TRADE CAPITAL INVESTMENTS CAPITAL MARKETS CEREALS CHECKS COCOA COMPARATIVE ADVANTAGE COMPLIANCE COSTS CONSUMERS CREDIT CONSTRAINTS CREDIT INFORMATION CREDIT RISK DAIRY DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DUMMY VARIABLE ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH EXPENDITURES EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT PERFORMANCE EXPORT PERFORMANCES EXPORT SHARE EXPORTER EXPORTERS EXTERNAL FINANCE FATS FINANCIAL DEVELOPMENT FINANCIAL HEALTH FINANCIAL MARKETS FINANCIAL SHOCKS FOOD ADDITIVES FOOD CHAIN FOOD EXPORTS FOOD IMPORTS FOOD POLICY FOOD PRODUCTS FOOD SAFETY FOOD STANDARDS FOOD SUPPLY FOREIGN DIRECT INVESTMENT FOREIGN MARKETS FRAUD FRUIT FRUITS GDP GDP PER CAPITA GLOBAL DEVELOPMENT FINANCE GLOBAL ECONOMY HAZARD INCOME INNOVATION INSTITUTIONAL DEVELOPMENT INSURANCE INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INTERNATIONAL TRADE LABELLING LEGAL RIGHTS LIQUIDITY LOCAL CAPITAL MARKETS MARKET ENTRY MARKET ENTRY COSTS MARKET FAILURES MARKET STRUCTURE MEAT MILLING INDUSTRY MOTIVATION NUTS PERISHABILITY PESTICIDE PRICE VOLATILITY PRIVATE CREDIT PRODUCT QUALITY PRODUCTION COSTS PRODUCTIVITY RISK ASSESSMENTS SAFETY ISSUES SAFETY PROBLEMS SAFETY STANDARDS SALES SPICES SPREAD SUGAR SUGARS SUNK COSTS SUPPLIER SUPPLY CHAIN SUPPLY CHAINS TEA TOTAL COSTS TRADE CREDIT TRADE_CREDIT TRADING TRANSACTION TRANSACTION COSTS TROPICAL FRUITS VALUE ADDED VEGETABLES WORKING CAPITAL WORLD MARKET WTO
spellingShingle	ACCESS TO CAPITAL ACCOUNTING AGRICULTURAL ECONOMICS AGRICULTURE ALLERGENS ANIMAL FEED BANK CREDITS BANK POLICY BANKING CRISIS BENCHMARK BENCHMARKING BEVERAGES BILATERAL TRADE CAPITAL INVESTMENTS CAPITAL MARKETS CEREALS CHECKS COCOA COMPARATIVE ADVANTAGE COMPLIANCE COSTS CONSUMERS CREDIT CONSTRAINTS CREDIT INFORMATION CREDIT RISK DAIRY DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DUMMY VARIABLE ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH EXPENDITURES EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT PERFORMANCE EXPORT PERFORMANCES EXPORT SHARE EXPORTER EXPORTERS EXTERNAL FINANCE FATS FINANCIAL DEVELOPMENT FINANCIAL HEALTH FINANCIAL MARKETS FINANCIAL SHOCKS FOOD ADDITIVES FOOD CHAIN FOOD EXPORTS FOOD IMPORTS FOOD POLICY FOOD PRODUCTS FOOD SAFETY FOOD STANDARDS FOOD SUPPLY FOREIGN DIRECT INVESTMENT FOREIGN MARKETS FRAUD FRUIT FRUITS GDP GDP PER CAPITA GLOBAL DEVELOPMENT FINANCE GLOBAL ECONOMY HAZARD INCOME INNOVATION INSTITUTIONAL DEVELOPMENT INSURANCE INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INTERNATIONAL TRADE LABELLING LEGAL RIGHTS LIQUIDITY LOCAL CAPITAL MARKETS MARKET ENTRY MARKET ENTRY COSTS MARKET FAILURES MARKET STRUCTURE MEAT MILLING INDUSTRY MOTIVATION NUTS PERISHABILITY PESTICIDE PRICE VOLATILITY PRIVATE CREDIT PRODUCT QUALITY PRODUCTION COSTS PRODUCTIVITY RISK ASSESSMENTS SAFETY ISSUES SAFETY PROBLEMS SAFETY STANDARDS SALES SPICES SPREAD SUGAR SUGARS SUNK COSTS SUPPLIER SUPPLY CHAIN SUPPLY CHAINS TEA TOTAL COSTS TRADE CREDIT TRADE_CREDIT TRADING TRANSACTION TRANSACTION COSTS TROPICAL FRUITS VALUE ADDED VEGETABLES WORKING CAPITAL WORLD MARKET WTO Jaud, Melise Kukenova, Madina Financial Development and Survival of African Agri-food Exports
geographic_facet	Africa Africa Africa
relation	Policy Research working paper ; no. WPS 5649
description	This paper investigates the link between export survival of agri-food products and financial development. It tests the hypothesis that financial development differentially affects the survival of exports across products based on their need of external finance. The authors test whether exports of products that are relatively more reliant on external capital survive longer when initiated in more financially developed countries. The results suggest that agri-food products that require more external finance indeed sustain longer in foreign markets if the exporting country is more financially developed.
format	Publications & Research :: Policy Research Working Paper
author	Jaud, Melise Kukenova, Madina
author_facet	Jaud, Melise Kukenova, Madina
author_sort	Jaud, Melise
title	Financial Development and Survival of African Agri-food Exports
title_short	Financial Development and Survival of African Agri-food Exports
title_full	Financial Development and Survival of African Agri-food Exports
title_fullStr	Financial Development and Survival of African Agri-food Exports
title_full_unstemmed	Financial Development and Survival of African Agri-food Exports
title_sort	financial development and survival of african agri-food exports
publishDate	2012
url	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110815114105 http://hdl.handle.net/10986/3521
_version_	1764387136421756928

Financial Development and Survival of African Agri-food Exports

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