Revealed comparative advantage of coffee export: the case study of Vietnam and its selected competitors

Bc. Phuong Dung Do, BSc

Diplomová práce

Abstract:

Vietnam is considered the second-largest coffee exporter in the world. However, noticeable fluctuations in Vietnamese coffee export occurred along with a declining trend in coffee export compared to major competitor countries, especially Brazil, the world's biggest coffee producer, and exporter. The purposes of this Master Thesis are to examine whether Vietnam enjoyed a comparative advantage in coffee export, does Vietnam strengthen or weaken its position in the global coffee market, and to analyze factors influencing the coffee export volume of Vietnam. The comparative advantage of Vietnam and Brazil coffee export were calculated by using selected Revealed Comparative Advantage (RCA) indices. Dynamic Revealed Comparative Advantage (DRCA) index was used to define Vietnam’s position relatively its main competitor. Determinants of Vietnam coffee export were calculated by using Linear Regression Analysis with secondary data of time series from 2000 to 2019. During the studied period, Vietnam had a comparative advantage of coffee export and was strengthening its position in the market. Based on the findings derived from the regression analysis, it can be concluded that domestic coffee production, world coffee price, and Vietnam's GDP growth rate exerted a statistically significant effect on the volume of coffee export in Vietnam. However, the impact of the Vietnam Dong/US Dollar exchange rate turned out to be not statistically significant in the analyzed period.

Keywords

Coffee Export, Revealed Comparative Advantage, Balassa, RCA Index, Vollrath, Regression Analysis, Vietnam

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 31. 3. 2021

Obhajoba závěrečné práce

• Vedoucí: Mgr. Elena Kuzmenko, Ph.D.

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Magisterský studijní program / obor:
Economics and Management / Economics and Management