AN ANALYSIS ON NATURAL RUBBER PRODUCTION AND EXPORT IN MYANMAR
Abstract
- Aims of this study are to find out the status of production and export of natural rubber in Myanmar and to explore the factors which influence on its export and production. To analyze the factors affecting on the production and export, multiple regression model (OLS) has employed and two models were constructed to examine. Status of Myanmar’s rubber export and production and influencing determinants were analyzed for 35 years ranging from 1983 to 2018. The production and export of natural rubber grew significantly after the adoption of market-oriented economic policy in late 1988.Major locations of natural rubber resources are from Mon state and Taninthayi division, Karen and Rakhine state accounting for 17%, 19.5%, 27% and 19.7% of rubber supplied respectively. Determining the variables affecting natural rubber production and export in Myanmar, the overall results revealed that production of natural rubber is significantly influenced by the export, import and land acres of rubber with the significant level of probability value 5%, 1% and 0% respectively. Moreover, findings showed that natural rubber export is positively influenced by control variable such as exchange rate while the import is negatively associated with the export.
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Year
- 2020
Author
-
Ei Ei Phyoe
Subject
- Economics, Journalism, Tourism and Law
Publisher
- Myanmar Academy of Arts and Science (MAAS)