Competitiveness of Ecuador`s Flower Industry in the Global Market in the Period 2016-2020

[EN] More intense floriculture activity in Ecuador could mean huge improvements for the country's economic growth, while at the same time would be a sustainable exploitation of its natural resources. This study aims to help floriculture entrepreneurs in Ecuador with production planning, inv...

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Autores: Guaita-Pradas, Inmaculada|||0000-0003-4116-2375, Marques-Perez, Inmaculada|||0000-0002-1059-6288, Rodríguez-Mañay, Luis Oswaldo
Formato: artículo
Fecha de publicación:2023
País:España
Recursos:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglés
OAI Identifier:oai:riunet.upv.es:10251/194331
Acesso em linha:https://riunet.upv.es/handle/10251/194331
Access Level:acceso abierto
Palavra-chave:Exports
Revealed comparative advantage
Cut flowers
Analysis of variance
ECONOMIA FINANCIERA Y CONTABILIDAD
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spelling Competitiveness of Ecuador`s Flower Industry in the Global Market in the Period 2016-2020Guaita-Pradas, Inmaculada|||0000-0003-4116-2375Marques-Perez, Inmaculada|||0000-0002-1059-6288Rodríguez-Mañay, Luis OswaldoExportsRevealed comparative advantageCut flowersAnalysis of varianceECONOMIA FINANCIERA Y CONTABILIDAD[EN] More intense floriculture activity in Ecuador could mean huge improvements for the country's economic growth, while at the same time would be a sustainable exploitation of its natural resources. This study aims to help floriculture entrepreneurs in Ecuador with production planning, investment, and marketing strategies. With this in mind, two main objectives are addressed in the paper. The first one is to obtain an analytical overview of the world's flower industry and the chief exporting and importing countries, as well as of the types of flowers that are offered and demanded. The second is to determine the competitive position of Ecuador's flower industry and that of its direct competitors in the global cut flower marketplace. To accomplish the latter, we used Balassa's and Hinloopen and Van Marrewijk's measures and carried out statistical tests to validate the results. These indicated that both Ecuador and Colombia enjoy a strong comparative advantage among their direct competitors: the Netherlands, Kenya, and Ethiopia. Although the 2018 Logistics Performance Index and the 2017-2018 Global Competitiveness Index rankings put Ecuador in the 70th and 97th position worldwide, respectively, our findings show that Ecuador has the potential to achieve higher market shares in the flower trade globally. Consequently, strategic production policies should be implemented for Ecuadorian flower companies to adapt to the international flower trade requirements and for improving the production and supply chain technologies so that Ecuador can reach other foreign markets.The translation has been funded by Facultad de Administracion y Direccion de Empresas (Universitat Politecnica de Valencia).MDPI AGFacultad de Administración y Dirección de EmpresasDepartamento de Economía y Ciencias SocialesCentro de Investigación de Ingeniería EconómicaEscuela Técnica Superior de Ingeniería Agronómica y del Medio NaturalUniversitat Politècnica de ValènciaRepositorio Institucional de la Universitat Politècnica de València Riunet20232023-04-01journal articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttps://riunet.upv.es/handle/10251/194331reponame:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valénciainstname:Universitat Politècnica de València (UPV)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Reconocimiento (by)http://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessoai:riunet.upv.es:10251/1943312026-06-13T07:49:27Z
dc.title.none.fl_str_mv Competitiveness of Ecuador`s Flower Industry in the Global Market in the Period 2016-2020
title Competitiveness of Ecuador`s Flower Industry in the Global Market in the Period 2016-2020
spellingShingle Competitiveness of Ecuador`s Flower Industry in the Global Market in the Period 2016-2020
Guaita-Pradas, Inmaculada|||0000-0003-4116-2375
Exports
Revealed comparative advantage
Cut flowers
Analysis of variance
ECONOMIA FINANCIERA Y CONTABILIDAD
title_short Competitiveness of Ecuador`s Flower Industry in the Global Market in the Period 2016-2020
title_full Competitiveness of Ecuador`s Flower Industry in the Global Market in the Period 2016-2020
title_fullStr Competitiveness of Ecuador`s Flower Industry in the Global Market in the Period 2016-2020
title_full_unstemmed Competitiveness of Ecuador`s Flower Industry in the Global Market in the Period 2016-2020
title_sort Competitiveness of Ecuador`s Flower Industry in the Global Market in the Period 2016-2020
dc.creator.none.fl_str_mv Guaita-Pradas, Inmaculada|||0000-0003-4116-2375
Marques-Perez, Inmaculada|||0000-0002-1059-6288
Rodríguez-Mañay, Luis Oswaldo
author Guaita-Pradas, Inmaculada|||0000-0003-4116-2375
author_facet Guaita-Pradas, Inmaculada|||0000-0003-4116-2375
Marques-Perez, Inmaculada|||0000-0002-1059-6288
Rodríguez-Mañay, Luis Oswaldo
author_role author
author2 Marques-Perez, Inmaculada|||0000-0002-1059-6288
Rodríguez-Mañay, Luis Oswaldo
author2_role author
author
dc.contributor.none.fl_str_mv Facultad de Administración y Dirección de Empresas
Departamento de Economía y Ciencias Sociales
Centro de Investigación de Ingeniería Económica
Escuela Técnica Superior de Ingeniería Agronómica y del Medio Natural
Universitat Politècnica de València
Repositorio Institucional de la Universitat Politècnica de València Riunet
dc.subject.none.fl_str_mv Exports
Revealed comparative advantage
Cut flowers
Analysis of variance
ECONOMIA FINANCIERA Y CONTABILIDAD
topic Exports
Revealed comparative advantage
Cut flowers
Analysis of variance
ECONOMIA FINANCIERA Y CONTABILIDAD
description [EN] More intense floriculture activity in Ecuador could mean huge improvements for the country's economic growth, while at the same time would be a sustainable exploitation of its natural resources. This study aims to help floriculture entrepreneurs in Ecuador with production planning, investment, and marketing strategies. With this in mind, two main objectives are addressed in the paper. The first one is to obtain an analytical overview of the world's flower industry and the chief exporting and importing countries, as well as of the types of flowers that are offered and demanded. The second is to determine the competitive position of Ecuador's flower industry and that of its direct competitors in the global cut flower marketplace. To accomplish the latter, we used Balassa's and Hinloopen and Van Marrewijk's measures and carried out statistical tests to validate the results. These indicated that both Ecuador and Colombia enjoy a strong comparative advantage among their direct competitors: the Netherlands, Kenya, and Ethiopia. Although the 2018 Logistics Performance Index and the 2017-2018 Global Competitiveness Index rankings put Ecuador in the 70th and 97th position worldwide, respectively, our findings show that Ecuador has the potential to achieve higher market shares in the flower trade globally. Consequently, strategic production policies should be implemented for Ecuadorian flower companies to adapt to the international flower trade requirements and for improving the production and supply chain technologies so that Ecuador can reach other foreign markets.
publishDate 2023
dc.date.none.fl_str_mv 2023
2023-04-01
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://riunet.upv.es/handle/10251/194331
url https://riunet.upv.es/handle/10251/194331
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Reconocimiento (by)
http://creativecommons.org/licenses/by/4.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Reconocimiento (by)
http://creativecommons.org/licenses/by/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv MDPI AG
publisher.none.fl_str_mv MDPI AG
dc.source.none.fl_str_mv reponame:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
instname:Universitat Politècnica de València (UPV)
instname_str Universitat Politècnica de València (UPV)
reponame_str RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
collection RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
repository.name.fl_str_mv
repository.mail.fl_str_mv
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