Title: Factors affecting the export of condoms from Thailand to the USA using simultaneous equations with the GMM method
Authors: Sakkarin Nonthapot
Addresses: Indo-China Country International Trade and Economic Research Sector, Faculty of Integrated Social Sciences, Khon Kaen University, Nong Khai Campus, Thailand
Abstract: The objectives of this research are to investigate: 1) the factors affecting the quantity demand for condom imports; 2) the quantity supply of condom exports from Thailand to the USA. This research employs quarterly data from 2001:Q1 to 2018:Q2. The analysis employs a simultaneous equation system and is estimated by the generalise method of moments (GMM) method. The results reveal that: 1) the import condom price of India and gross national product are positive and negative effects on the quantity demand of condom exports from Thailand to the USA, respectively while the import condom price of India is insignificant; 2) the latex rubber price, the wages of non-agricultural workers, and the exchange rate (Baht/USD) are negative effects on the quantity supply of condom exports from Thailand to the USA. These can bring about the differentiation of condoms to maintain the level of condom imports in the US market.
Keywords: condom; imports; simultaneous equation; generalise method of moments; GMM.
International Journal of Business and Globalisation, 2021 Vol.29 No.2, pp.211 - 221
Received: 09 Apr 2019
Accepted: 14 May 2019
Published online: 18 Oct 2021 *