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A Comparative Study on the Export Competitiveness of the Mineral Industries of the Mano River Union Countries in the US Market Using the Shift Share Analysis

机译:基于偏离份额分析的马诺河联盟国家矿产行业在美国市场出口竞争力的比较研究。

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The mineral sectors of the Mano River Union countries are important contributors to their economic growth. More than half of the export revenues of these countries are derived from the extraction and exportation of minerals. This study was conducted in order to assess the competitiveness of the mineral industries of the Mano River Union countries vis-à-vis Sierra Leone, Guinea, and Liberia. The shift share analysis was applied in order to identify the industries that have comparative advantages in the mineral sectors of the sample countries. The United States market was selected as the base of the research upon which the results were analyzed. The total minerals exports of the three countries were classified into five (5) groups based on the Standard International Trade Classification (SITC2-3). The relevant categories were as follows: (1) Iron and Ferro-Alloy Metals (Fe), (2) Non-ferrous Metals (NFM), (3) Industrial Minerals (IM), (4) Precious Metals (PM), and (5) Mineral Fuel (MF). For the purpose of shift share analysis, the study period were divided into two separate terminal periods of 2005-2009, and 2010-2014, taking into consideration the export data runs for ten (10) years. Precisely for Sierra Leone, the NFM, PM and IM industries all show positive correlation values, whilst the Fe industry on the other hand shows a negative correlation value. The result further confirms that the NFM industry was the most competitive industry, whilst the Fe industry was the least competitive. In the case of Guinea, the NFM, IM and MF industries all show positive correlation values, whilst the PM industry shows negative correlation value. The NFM industry was the highest performer, and therefore the most competitive industry. For Liberia, the Fe industry shows positive net shift, whilst the IM industry shows a negative net shift. Overall, the most competitive in the US market was Guinea, followed by Sierra Leone and Liberia respectively.
机译:马诺河联盟国家的矿产部门对其经济增长做出了重要贡献。这些国家一半以上的出口收入来自矿物的开采和出口。进行这项研究是为了评估马诺河联盟国家的矿物工业相对于塞拉利昂,几内亚和利比里亚的竞争力。为了确定在样本国家的矿物部门中具有比较优势的行业,应用了变动份额分析。选择了美国市场作为分析结果的研究基础。根据标准国际贸易分类(SITC2-3),这三个国家的矿物质总出口被分为五(5)组。相关类别如下:(1)铁和铁合金金属(Fe),(2)有色金属(NFM),(3)工业矿物(IM),(4)贵金属(PM)和(5)矿物燃料(MF)。为了进行变动份额分析,考虑了十(10)年的出口数据,将研究期分为2005-2009年和2010-2014年两个单独的终末期。恰恰对于塞拉利昂,NFM,PM和IM行业均显示正相关值,而Fe行业则显示负相关值。结果进一步证实了NFM行业是最具竞争力的行业,而Fe行业则是竞争力最低的行业。在几内亚,NFM,IM和MF行业均显示正相关值,而PM行业则显示负相关值。 NFM行业是表现最好的行业,因此也是最具竞争力的行业。对于利比里亚,铁行业呈现出正的净变动,而即时消息行业则呈现出负的净变动。总体而言,美国市场上最具竞争力的是几内亚,其次是塞拉利昂和利比里亚。

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