Publication:
Determinants of halal food export performance: the impact of halal certificate, OIC trade-cooperation, and the level of restriction on religion
Abstract
Despite the rapid growth of the halal economy during the last decades, the number of empirical researches related to the determinants of international halal trade is still limited. This study provides an initial attempt to investigate the factors that impact the value of halal trade flow. It focuses specifically on the halal F&B sector which is the biggest segment of the halal economy. To overcome the limitations of halal trade database, the study applied the WTO assumption when assigning HS codes on the specific trade concerns database (in the case of halal food and beverage) together with the Shariah principle of "presumption of permissibility" to acquire an approximate value of halal F&B trade between countries. The tested samples contain bilateral trade information of 59 countries (20 OIC members), selected according to their economic size and value of F&B exports. The estimation period covers the period from 2007 to 2016. The examination period is limited due to the availability of restriction on religion data which is one of the focused variables. In addition, the study did not exclude the world financial crisis period (2007-2008) because of the necessity in the nature of an F&B product that less elastic to the impact of the financial crisis.
Keywords
Halal food , Halal certificate , Halal trade , Halal economy
Citation
Charoenchang, C. (2019). Determinants of halal food export performance: the impact of halal certificate, OIC trade-cooperation, and the level of restriction on religion (Doctoral dissertation). INCEIF, Kuala Lumpur. Retrieved from https://ikr.inceif.org/handle/INCEIF/3690
Publisher
INCEIF