Factors Influencing Cross-Border Trade Potential on Import Of Goods

Authors

DOI:

https://doi.org/10.26668/businessreview/2023.v8i11.3932

Keywords:

Customer Behavior, Customer Purchase Intention, Cross-border Trade Potential, Commitment, Importer

Abstract

Purpose:  This study examines the factors influencing cross-border trade potential on import of goods. The study constructs a model to explain the causal factors in relation to customer purchase intentions, cross-border trade potential and determinants of importer commitment.

 

Theoretical framework:  The theoretical framework of research explains importer's perspective and provides a conceptual foundation for understanding how importer estimate a business environment to choosing products import to achieve business goals. Which is related to the factors including: customer behavior, cross-border trade potential, and determinants of importer commitment measures.

 

Design/Methodology/Approach:  The research collected data from importers and distributors in Cambodia with experience in importing goods from Thailand, consisted of 400 establishments. And use structural equation modeling (SEM) for data

analysis to examine complex relationships between variables and test theoretical models related to hypotheses.

 

Findings:  The research findings indicate that the Cambodian consumer’s purchase intention of imported products from Thailand contributes to fostering the development of cross-border trade potential between Thailand and Cambodia. In terms of being concrete, along with infrastructure, business matching, and abstraction, through the promotion of economic policies and international policy.

 

Research, Practical & Social implications:  We suggest future research examine a strategic planning for the development of trade potential for the entrepreneurs in the partner country.

 

Originality/Value:  The findings of the research can potentially contribute to the development of business environment and policies to facilitate and enhance cross-border trade potential.

Downloads

Download data is not yet available.

References

Agnihotri, A., Bhattacharya, S., Yannopoulou, N., & Thrassou, A. (2022). Foreign market entry modes for servitization under diverse macroenvironmental conditions: taxonomy and propositions. International Marketing Review, in print. doi:10.1108/imr-09-2021-0287

Ajzen, I., & Fishbein, M. (1980). Understanding Attitudes and Predicting Social Behavior. Englewood Cliffs: Prentice-Hall.

Anderson, E., & Weitz, B. (1992). The Use of Pledges to Build and Sustain Commitment in Distribution Channels. Journal of Marketing Research, 29(1), 21-26. doi:http://dx.doi.org/10.2307/3172490

Bae, S. (2021). Evaluating hospitality employees’ various relationships and the effects on organizational commitment. International Hospitality Review, in print. doi:10.1108/ihr-01-2021-0005

Barclay, D., Higgins, C., & Thompson, R. (1995). The partial least squares (PLS) approach to causal modeling: Personal computer adoption and use as an illustration. Technology Studies, 2(2), 285-309. doi: https://doi.org/10.3990/2.336

Byrne, B.M. (2001). Structural equation modeling with AMOS: Basic concepts, applications, and programming. Mahwah, NJ: Lawrence Erlbaum Associates, Inc.

Chhabra, S., Raghunathan, R., & Rao, N.V.M. (2020). The antecedents of entrepreneurial intention among women entrepreneurs in India. Asia Pacific Journal of Innovation and Entrepreneurship, 14(1), 76-92. doi:10.1108/apjie-06-2019-00

Falahat, M., Soto-Acosta, P., & Ramayah, T. (2021). Analyzing the importance of international knowledge, orientation, networking and commitment as entrepreneurial culture and market orientation in gaining competitive advantage and international performance. International Marketing Review, 39(3), 463-481. doi:10.1108/imr-02-2021-0053

Flankegard, F., Johansson, G., & Granlund, A. (2023). Critical factors for involvement in customers’ product development: an SME perspective. Journal of Business & Industrial Marketing, 38(13), 143-153. doi:10.1108/jbim-06-2022-0277

Hair, J.F., Jr., Black, W.C., Babin, B.J., & Anderson, R.E. (2010). Multivariate Data Analysis. (7th ed.). New Jersey: Prentice Hall.

Henseler, J., Ringle, C.M., & Sarstedt, M. (2016). Testing measurement invariance of composites using partial least squares, International Marketing Review, 33(3), 405-431. doi: https://doi.org/10.1108/IMR-09-2014-0304

Hu, L.-T., & Bentler, P. (1995). Evaluating model fit. In R.H. Hoyle (Ed.), Structural Equation Modeling. Concepts, Issues, and Applications: (pp.77-99), London: Sage.

Hulland, J. (1999). Use of Partial Least Squares (PLS) in Strategic Management Research: A Review of Four Recent Studies. Strategic Management Journal, 20(2), 195-204. doi: https://doi.org/10.1002/(SICI)1097-0266(199902)20:2<195::AID-SMJ13>3.0.CO;2-7

Kan, M.P.H., & Fabrigar, L.R. (2017). Theory of Planned Behavior. In V. Zeigler-Hill, T. Shackelford (Eds.), Encyclopedia of Personality and Individual Differences: (pp.1-8), Cham: Springer. doi: https://doi.org/10.1007/978-3-319-28099-8_1191-1

Karami, M., Wooliscroft, B., & McNeill, L. (2023). Effectual networking capability and SME performance in international B2B markets. Journal of Business & Industrial Marketing, in print. doi:10.1108/jbim-01-2022-0020

McKee, D.O., Varadarajan, P.R., & Pride, W.M. (1989). Strategic adaptability and firm performance: a market contingent perspective, Journal of Marketing, 53(3), 21-35. doi: https://doi.org/10.1177/002224298905300

Melewar, T.C., Foroudi, P., Gupta, S., Kitchen, P.J., & Foroudi, M.M. (2017). Integrating identity, strategy and communications for trust, loyalty and commitment. European Journal of Marketing, 51(3), 572-604. doi:10.1108/ejm-08-2015-0616

Mollers, J., Bäuml, T., & Dufhues, T. (2022). Understanding the market potential of products from alternative food networks in a transition economy—a discrete choice experiment. British Food Journal, 124(13), 183-199. doi:10.1108/bfj-08-2021-0925

National news bureau of Thailand. (2023). Thailand and Cambodia Strengthen Cooperation Against Transnational Crime. Retrieved from https://thainews.prd.go.th/en/news/hotnews/

Njinyah, S.Z. (2018). The effectiveness of government policies for export promotion on the export performance of SMEs Cocoa exporters in Cameroon. International Marketing Review, 35(1), 164-185. doi:10.1108/imr-05-2016-0103

Obadia, L. (2010). Globalization and the sociology of religion. In B. Turner (ed.), The New Blackwell Companion to the Sociology of Religion: (pp. 477-497), Oxford: Wiley-Blackwell.

Organization for Economic Co-operation and Development (OECD). (2018). Oslo manual 2018: Guidelines for collecting reporting and using data on innovation. Retrieved from https://www.oecd.org/sti/inno/oslo-manual-2018-info.pdf

Ogasavara, M.H., Boehe, D.M., & Barin Cruz, L. (2016). Experience, resources and export marke performance. International Marketing Review, 33(6), 867-893. doi:10.1108/imr-10-2013-0247

Oh, H.-M., Arnett, D.B., & An, S.B. (2016). Export market expansion through indirect learning: evidence from Korean exporters. Journal of Korea Trade, 20(4), 318-331. doi:10.1108/jkt-12-2016-017

Olyanga, A.M., Shinyekwa, I.M.B., Ngoma, M., Nkote, I.N., Esemu, T., & Kamya, M. (2022). Export logistics infrastructure and export competitiveness in the East African Community. Modern Supply Chain Research and Applications, 4(1), 39-61. doi:10.1108/mscra-09-2021-0017

Park, Y.-H., & Jeong, Y.-S. (2016). An empirical analysis on the performance of the third-party logistics in the Korean exporter. Journal of Korea Trade, 20(1), 97-114. doi:10.1108/jkt-03-2016-006

Rovinelli, R.J., & Hambleton, R.K. (1977). On the use of content specialists in the assessment of criterion-referenced test item validity. Dutch Journal of Educational Research, 2, 49-60.

Ruiz-Torres, A.J., Cardoza, G., Kuula, M., Oliver, Y., & Rosa-Polanco, H. (2017). Logistic services in the Caribbean region. An analysis of collaboration, innovation capabilities and process improvement. Academia Revista Latinoamericana de Administración, 31(3), 534-552. doi:10.1108/ARLA-03-2017-0078.

Rundh, B. (2022). International expansion or stagnation: market development for mature products. Asia-Pacific Journal of Business Administration, 15(4), 626-645. doi:10.1108/apjba-11-2021-0560

Tavakol, M., & Dennick, R. (2011). Making Sense of Cronbach’s Alpha. International Journal of Medical Education, 2, 53-55. doi: http://dx.doi.org/10.5116/ijme.4dfb.8dfd

Truong, Y., & McColl, R. (2011). Intrinsic motivations, self-esteem, and luxury goods consumption. Journal of Retailing and Consumer Services, 18(6), 555-561. doi: 10.1016/j.jretconser.2011.08.004

Vitorino Razzera, A., & Machado, M.A. (2018). The role of TPLs in innovative logistics solutions in importation. Innovation & Management Review, 15(1), 73-91. doi:10.1108/inmr-02-2018-005

Downloads

Published

2023-11-14

How to Cite

Ruangsriroj, T., Nisaisuk, N., & Batrpho, P. (2023). Factors Influencing Cross-Border Trade Potential on Import Of Goods. International Journal of Professional Business Review, 8(11), e3932. https://doi.org/10.26668/businessreview/2023.v8i11.3932