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Alan Clarke, an economist at Scotiabank, said that a weaker currency was not necessarily a key driver of exports.
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Findings indicate the bulk of empirical studies focus on drivers of export barriers.
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European austerity programs are a major driver of the slowdown in U.S. exports, and several economists have argued that reductions in government spending, here and abroad, are almost solely responsible for the suddenly tanking economy.
Although competition may represent a threat to Egyptian orange exports to Russia, it could also act as an efficiency-enhancing factor and a positive driver of innovation that could enhance export competitiveness.
We find that the import content of exports might be an important driver of this result at a sectoral level.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com