Determinants of Export Diversification Around the World: 1962–2000

Using a large dataset for 79 countries covering the period 1962–2000, this study analyses the main determinants of export diversification (concentration). We explore the role of several factors and we use three different indicators of export concentration. We find robust evidence across specifications and indicators that trade openness induces higher specialisation. In contrast, financial development does not seem to help countries to diversify their exports. Looking at the effects of exchange rates, in some of the results, a negative effect of real exchange rate volatility on export diversification is detected, but no significant effects of exchange rate overvaluation. There is also evidence that human capital accumulation contributes positively to diversify exports and that increasing remoteness tends to reduce export diversification. We also explore the role of terms of trade shocks. Most of the results suggest an interesting interaction between this variable and human capital: improvements in the terms of trade tend to concentrate exports, but this effect is lower for those countries with higher levels of human capital. This evidence suggests that countries with higher education can take advantage of positive terms of trade shocks to increase export diversification.     

Eating out,nutrition, education and the consumer: a case study from Alabama

Increasingly, there is agreement that the hospitality industry, particularly the restaurant sector, can significantly impact people's eating behaviour. This impact includes the nutritional intake of meals many restaurants sell that may lead to problems such as the growing obesity epidemic. This preliminary study investigates consumers' attitudes towards their eating out experience as it relates to their reasons for eating out and the importance that nutrition may place in their experience when eating out. Findings suggest differences in consumer attitudes towards these issues based on their gender, educational achievement level and type of restaurant they frequent. Nutritional awareness and education strategies do not appear to be reaching groups that are more exposed and/or more prone to unhealthier food consumption. Overall, consumers do not seem interested in education or involvement in healthier consumption.     

Promotional efforts of muscadine wines and muscadine‐related products: the case of southern United States wineries

Muscadine grapes are native to the southern United States, where they have been grown and consumed for generations. Apart from extensive coverage provided in scientific research concerning their healthy properties, to date very little has been researched about other areas of the muscadine grapes, muscadine wines and related products. For example, in an era when the ‘local’ aspect of foods can have a strong impact on both consumers and food growers, very little has been researched from an entrepreneurial, marketing and (wine) tourism perspective. In this context, academic literature investigating winery operators' efforts in promoting and selling muscadine products through the cellar door is almost inexistent. The present study examines this area from the perspective of 31 operators of family‐run wineries located in several southern states. The findings demonstrate agreement among respondents about the critical need to promote the ‘local’ aspect of muscadine wines, as well as other value‐added muscadine products. Some operators refer to the need to support local/state farmers following ‘buy local’ slogans, while others are reacting at consumers' demands for local products. Arguably, as more muscadine wineries are established in some of the southern states, muscadine wines may become more popular and more accepted by mainstream consumers. However, muscadine winery operators are confronted by several challenges such as the lack of resources and support to invest in or expand their promotional efforts; in some cases, state legislation prevents operators from distributing their products outside the cellar door. With so many wines and other beverages consumers can find in retail stores and in the hospitality industry today, the strengthening of current promotional efforts at the cellar door and introducing consumers to a relatively unknown local product (as compared with Vitis vinifera wines) become critical for southern winery operators.     

Growth,development and tourism in a small economy: evidence from Aruba

This study will focus on tourism economic growth and its development impacts on a microstate and will explore their implications for tourism analysis and planning. The evidence presented in this article reveals that tourism in Aruba can generate desirable and widely distributed impacts. The tourist performance also has been remarkable and consistent. The results also suggest that the export‐led growth strategy has affected the whole of the economy in a positive way. The principal conclusion is that institutional intervention can only become a positive force within a context of rapid integration with the global market. Copyright © 2003 John Wiley & Sons, Ltd.