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Ioanna Konstantakopoulou
''Realistic export opportunities for the Greek Economy''
( 2020, Vol. 40 No.1 )
We identify realistic export opportunities for the Greek Economy using a Decision Support Model (DSM), based on annual export and import data at the four-digit SITC level. We find that substantial realistic opportunities exist for Greek firms to export to Euro Area and Balkan countries. The number of realistic export opportunities identified in the United States is the largest of any country, highlighting the importance of the American market for the Greek economy. We find that the sectors with the most realistic export opportunities for Greece are manufactured goods classified chiefly by materials (SITC 6) and food and live animals chiefly for food (SITC 0). Our empirical results provide weak positive evidence that the machinery and transport equipment (SITC 7) sector could represent a dynamic export sector, as it comprises significant realistic export opportunities.
Keywords: Exports, Realistic export opportunities, DSM, Greece
JEL: F1 - Trade: General
O1 - Economic Development: General
Manuscript Received : Dec 04 2019 Manuscript Accepted : Feb 05 2020

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