How the Domestic Industry of Costa Rica Became More Competitive in the US Market. Antecedents and Trends

Journal of Distribution Science, 11-4 (2013) 5-11

8 Pages Posted: 7 Feb 2016

See all articles by Jesús Peña-Vinces

Jesús Peña-Vinces

University of Seville

Segundo Castro-Gonzáles

IEN Business School; Universidad del Este

Francisco Espasandin Bustelo

University of Seville

Date Written: April 30, 2013

Abstract

Purpose - The aim of this work is to study the reorientation that the export industrial sectors in Costa Rica have experienced during the last 20 years.

Research design, data, methodology - The study employs the Cluster Analysis with the export data (20 years of cut-off period) from Costa Rica to the U.S-market. To make the predictions, the technique of the time series was used, with official data (from 2001 to 2010) from the U.S. Department of Commerce and the U.S. International Trade Commission.

Results - The Cluster Analysis, show how the economic sectors of traditional products exports of Costa Rica have progressively become in exporters of non-traditional products, meanwhile,the time series confirms that this trend will continue, at least during the next five years.

Conclusions - The industry of traditional products exports of Costa Rica (dressmaking, vegetables, coffee, mate, species, etc.) will progressively become in exporters of non- traditional products with a high-tech component (i.e., mechanical equipment and devices, electronic devices and medical equipment),as a consequence of the Chinese (Costa Rica’s main competitor) economy´s presence in the Organization for Economic Co-operation and Development (OCDE). This fact has enabled the potential improvement of Costa Rica’s international competitiveness in the U.S. market.

Keywords: Costa Rican Exports, Industrial Sectors, International Competitiveness, USA Market, China Exports

JEL Classification: L23, L24, L52, O54

Suggested Citation

Peña-Vinces, Jesús and Castro-Gonzáles, Segundo and Bustelo, Francisco Espasandin, How the Domestic Industry of Costa Rica Became More Competitive in the US Market. Antecedents and Trends (April 30, 2013). Journal of Distribution Science, 11-4 (2013) 5-11, Available at SSRN: https://ssrn.com/abstract=2727413

Jesús Peña-Vinces (Contact Author)

University of Seville ( email )

Avda RAMON Y CAJAL
Sevilla, Sevilla 41004
Spain

HOME PAGE: http://personal.us.es/jesuspvinces/

Segundo Castro-Gonzáles

IEN Business School; Universidad del Este ( email )

Carretera 190, Km. 1.8
Barrio Sabana Abajo
Carolina, Puerto Rico, 00984
Puerto Rico
787-923-6372 (Phone)

HOME PAGE: http://www.suagm.edu/une/

Francisco Espasandin Bustelo

University of Seville ( email )

Avda. del Cid s/n
Sevilla, Sevilla 41004
Spain

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