Export Diversification Research Articles

Agricultural trade deficit and its impact on Nepalese economy: A comprehensive review

International trade is essential for a country’s economic development and modernization, driven by the dynamics of imports and exports. This review comprehensively examines Nepal’s trade deficit and its impact on the national economy. Nepal’s trade landscape is characterized by a significant imbalance, with imports consistently surpassing exports, as evidenced by an import-to-export ratio of 10.26 in the fiscal year 2022/23. This trade deficit has profound implications for national income, Gross Domestic Product (GDP) growth, inflation rates, and foreign exchange reserves. This review identifies key factors contributing to the trade deficit, including geographical constraints, limited export diversification, heavy reliance on imports, infrastructural deficiencies, insufficient promotion and advertisement, political instability, low productivity, and dependency on remittances. This study underscores the critical need for export diversification as a strategy for mitigating trade deficits. Developing sectors with high potential such as tourism, information technology, hydropower, and organic farming are essential. Additionally, improving the quality and value addition of exported goods, expanding market access through proactive trade diplomacy, and supporting small and medium enterprises are highlighted as necessary measures. This study also emphasizes the importance of substantial investments in infrastructure, education, and skill development to enhance productivity and competitiveness. Promoting a national brand and leveraging digital marketing platforms can boost Nepal’s export profile. Sound monetary policies and a stable economic environment are crucial for addressing the adverse effects of exchange rate volatility and inflation. Political stability and a conducive business environment are vital to fostering long-term economic growth. The effective utilization of remittances through productive investments and reducing dependency on external aid are pivotal for achieving sustainable development. Through coordinated efforts across various sectors, Nepal can work towards reducing its trade deficit, enhancing economic stability, and achieving sustainable economic growth.

The macroeconomic determinants of trade openness in Latin American countries: A panel data analysis

Background Trade openness shows a positive impact on economic growth, supported by economic theory, and export diversification and economic complexity show a positive dynamic in trade openness in the world; however, a specificity is generated in South American countries. Therefore, the objective of the research is to analyse the macroeconomic determinants of trade openness in Latin American countries. Methods The research approach was quantitative and explanatory using panel data methodology from the databases of the World Bank, Harvard University and the Economic Commission for Latin America and the Caribbean for the period 2000-2020. Results The fixed effects panel data model showed that the variables that had a negative impact on trade openness were GDP, the economic complexity index and the logistic performance index, while the variables that had a positive impact were exports of high-tech products (a proxy for innovation), exports, imports, research and development expenditure and interregional trade in goods. Conclusions Therefore, during the analysis period of 2000-2020 in South America, based on the panel data analysis under fixed effects, a total of 8 countries had a negative impact on trade openness, and only the economies of Chile, French Guiana, and Brazil had a positive impact on trade openness; these economies are characterized by their better performance in the economic complexity index, their higher percentage of budget for research and development expenses, and their trade policies oriented towards the industrialization of their value-added products.

Foreign competition and export diversification: Evidence from domestic firms in China

Foreign competition and export diversification: Evidence from domestic firms in China

Combining the pieces: identifying key determinants of export diversification in Africa amidst model uncertainty

AbstractExport diversification can be a driver of economic growth. Policies to diversify exports attempt to defy an existing comparative advantage in low-value-added goods to promote transformation. Many structural, general policy, and trade-related variables have been identified as important drivers of diversification. This article reviews the literature on the determinants of export diversification and applies Bayesian Model Averaging (BMA) to empirically tackle model uncertainty stemming from many possible determinants. It assesses the relevance and impact of up to 46 drivers of export diversification for up to 47 African countries and 123 trading partners from 1995 to 2018. It finds that African countries’ structural features are especially influential in determining export diversification, a potential explanation for Africa’s more concentrated export baskets compared to other world regions. Furthermore, trade policies, like tariffs and regional integration, are critical in promoting export diversification. These findings underscore the AfCFTA’s potential to foster export diversification across African economies. A diverse set of non-trade-related policy variables also significantly affect export diversification. Factors such as institutions, education, service sector, resource rents, financial development, FDI and exchange rate stability are relevant determinants in different settings. Moreover, the analysis shows that whom you trade with is also important for diversification, and that context-specific differences, such as specific regional integration contexts or type of commodity-dependence, matter. The results suggest that the goals to diversify exports at the extensive margin for structural change and the intensive margin to tackle volatility, seem often not achievable via the same policies.

Is natural resource wealth a boon or a bane? The impact of oil rents and foreign direct investment on economic growth in Kazakhstan

The nexus between foreign direct investment, natural resource endowment, and their impact on sustained economic growth, is contentious. This study investigates the resource curse hypothesis and the effects of FDI on economic growth in Kazakhstan. The study covers the period from 1990 to 2022 and employs the Autoregressive Distributed Lag (ARDL) model and Toda-Yamamoto causality methods. The Bounds cointegration results reveal the existence of long-term equilibria between per capita GDP and the predictors. The findings reveal a significant impact of oil rents on economic growth, contradicting the resource curse hypothesis and suggesting a resource boon instead. In stark contrast, the impact of FDI on Kazakhstan’s economic growth is found to be insignificant, despite the presence of a causal nexus. Furthermore, economic freedom and export diversification have a positive significant impact on economic growth, while inflation exhibits a negative but significant impact. Although governance has a direct impact on GDP per capita, it is deemed insignificant, as the negative average governance index implies poor governance. Expectedly, the result establishes a causal effect between export diversification, economic freedom, governance, oil rents, and economic growth. This underscores the fundamental role played by the interplay of diversification, economic freedom, governance, and oil rents in fostering sustainable economic growth. In addition, economic freedom stimulates gross fixed capital formation, indicating that it enhances domestic investment. Notably, the findings refute the crowding-out effect of FDI on domestic investment in Kazakhstan. Consequently, to escape the resource curse and the Dutch disease syndrome, the study advocates for enhancing good governance capabilities in Kazakhstan. Thus, we recommend that good governance could reconcile the twin goals of economic diversification and deriving benefits from oil resources, ultimately transforming oil wealth into a boon in Kazakhstan.

TRENDS IN DEVELOPMENT AND DIVERSIFICATION OF EXPORTS OF THE REPUBLIC OF UZBEKISTAN

The article analyzes the dynamics of Uzbekistan's exports of goods and services from 2010 to 2023. It assesses the diversification of both the commodity structure and the geographic distribution of exports using the export product concentration index and the export diversification index. Statistical analysis of trends in Uzbekistan's exports during this period highlights the urgent need to accelerate diversification in both the structure and geography of exports. It emphasizes increasing the share of finished goods with high added value in the export portfolio, as well as diversifying and expanding services exports and enhancing regional export activities. To achieve this faster export diversification, a comprehensive set of interrelated measures is required across various areas of economic policy. This includes improvements in trade, investment, and industrial policies, along with deeper institutional reforms.

Comment on “Export Diversification in Bangladesh: Unlocking Policy Impediments”

Comment on “Export Diversification in Bangladesh: Unlocking Policy Impediments”

Export Diversification and Economic Growth of ECOWAS Member States

Research Originality: Using the data of export diversification index which is excluded in previous studies and most the pervious only look at the relationship between ED and GDP, excluding per capita income as basics for development. Again, previous studies results are contradictory on impact of export diversification performance. Additionally, this paper provides robust empirical evidence of a positive effect of export diversification on per capita income growth.Research Objectives: This paper has the objective to examines how export diversification (ED) increase economic growth and per capita income.Research Methods: The paper achieve its objectives using, panel least technique and co-integration test are used on time series data of 1984-2022 for ECOWAS states.Empirical Results: The paper shows that the export diversification index has a significant influence on GDP growth but inverse, however, manufacturing value-added shows weak but a positive influence on the growth per capita income. Again, the paper reveals that high skewness of ECOWAS region to primary products export which could be responsible for the low growth per capita income. The finding of this is not the volume of exported products that matters, but how dynamic is exported products.Implications: The paper therefore recommends ECOWAS countries need to develop processing capability for export that comes from endogenous sufficiency.JEL Classification: C23, F10, O47, O55

The impact of information and communication technologies on export diversification: Evidence from developing countries

As economies increasingly rely on digitalization, information and communication technologies (ICT) have become critical in shaping global economic transformations. This study explores the impact of ICT on export concentration and diversification in emerging markets and developing countries. Using a panel data set of 110 countries from 2000 to 2019, the Generalized Method of Moments (GMM) estimator has been employed to assess the short- and long-term effects of ICT on these economies. To summarize information on various ICT channels, an ICT index has been constructed through principal component analysis (PCA). Additionally, the study examines the combined influence of ICT and human capital on export concentration. Findings indicate that ICT development significantly accelerates export diversification in developing countries, aligning their export structures with global standards. The interaction between ICT and human capital positively impacts export concentration, suggesting that higher levels of human capital enhance ICT's effects. Overall, ICT not only boosts human capital but also equips developing countries with the skills needed to enter new markets, develop high-value products, and compete globally. Consequently, governments in developing countries should prioritize investments in ICT infrastructure to lower trade costs, diversify exports, and promote sustainable economic growth.

Examining the Influence of Renewable Energy Consumption, Technological Innovation, and Export Diversification on Economic Growth: Empirical Insights from E-7 Nations

The present research focuses on the endogenous development theory and investigates the relationships between economic growth (dependent variable) and renewable energy consumption, technological innovation, and export diversification (independent variables) in seven emerging economies known as the E-7. Previous studies have examined these factors individually but have not explored their combined impact on the E-7 economies. Therefore, this study contributes to the existing literature on the effects of renewable energy consumption, technological advancement, and export diversification on economic development. This study analyses the dynamic connections among these variables in seven selected emerging countries: Brazil, China, Indonesia, India, Mexico, Russia, and Turkey. Panel data from 1990 to 2022 are utilised, and various methodologies, including panel cointegration, the pooled mean group–autoregressive distributed lag (PMG-ARDL) estimator, and robustness tests, such as the fully modified ordinary least square and dynamic ordinary least square tests, are employed. Empirical inferences are drawn using the Dumitrescu–Hurlin panel causality (DHC) test, and the long-run relationships among the variables are validated using the Westerlund residual cointegration tests. The results from the PMG-ARDL estimator show that renewable energy consumption, technological advancement, and export diversification have a significant and positive impact on economic expansion, confirming the validity of the endogenous growth model in the E-7 countries. The control variable of the financial sector has a positive but insignificant effect on economic growth, while trade openness has a negative and significant effect. The DHC test results indicate a neutral feedback effect of renewable energy consumption on economic growth. The findings also reveal a unidirectional causal relationship between technological innovation and economic growth. Overall, these findings provide valuable insights for economic policymakers in the E-7 countries. By removing barriers to renewable energy consumption, technological innovation, and export diversification, policymakers can promote sustainable economic development.

The macroeconomic determinants of trade openness in Latin American countries: A panel data analysis

Background Trade openness shows a positive impact on economic growth, supported by economic theory, and export diversification and economic complexity show a positive dynamic in trade openness in the world; however, a specificity is generated in South American countries. Therefore, the objective of the research is to analyse the macroeconomic determinants of trade openness in Latin American countries. Methods The research approach was quantitative and explanatory using panel data methodology from the databases of the World Bank, Harvard University and the Economic Commission for Latin America and the Caribbean for the period 2000-2020. Results The fixed effects panel data model showed that the variables that had a negative impact on trade openness were GDP, the economic complexity index and the logistic performance index, while the variables that had a positive impact were exports of high-tech products (a proxy for innovation), exports, imports, research and development expenditure and interregional trade in goods. Conclusions Therefore, during the analysis period of 2000-2020 in South America, based on the panel data analysis under fixed effects, a total of 8 countries had a negative impact on trade openness, and only the economies of Chile, French Guiana, and Brazil had a positive impact on trade openness; these economies are characterized by their better performance in the economic complexity index, their higher percentage of budget for research and development expenses, and their trade policies oriented towards the industrialization of their value-added products.

THE REALITY OF DATE PRODUCTION IN ALGERIA AND ITS RELATIONSHIP WITH NATIONAL INCOME: AN ECONOMETRIC STUDY USING THE AUTOREGRESSIVE DISTRIBUTED LAG (ARDL) MODEL DURING THE PERIOD 2000-2019

Objective: The objective of this study is to investigate the evolution of date production in Algeria and its impact on the country's national income (GDP) from 2000 to 2019. This research aims to analyze the short-term and long-term relationships between date production and national income, assessing the significance of agricultural policies in enhancing the productivity and economic contribution of the date sector. Ultimately, the study seeks to highlight the role of date production in diversifying Algeria's exports and contributing to sustainable economic growth. Theoretical Framework: This study explores the relationship between date production and national income in Algeria, using agricultural productivity theory, endogenous growth theory, export diversification theory, and the ARDL model. It aims to understand the impact of agricultural policies, human capital investment, and export diversification on Algeria's date production, highlighting the potential for economic diversification. Method: This study analyzes the relationship between date production and Algeria's GDP from 2000 to 2019, using the Autoregressive Distributed Lag (ARDL) model. Data sources include Algeria's GDP and date production data. The study uses unit root tests, bounds testing, and error correction models to estimate the relationship. Statistical software like EViews or R is used for analysis. Results and Discussion: The study reveals a positive relationship between date production and national income in Algeria from 2000 to 2019. The data suggests that agricultural policies have led to an upward trajectory in date production, while GDP has grown significantly. The study also highlights the importance of date production in Algeria's economy, particularly in diversifying exports. The long-term relationship suggests sustained investment in date production will yield continued benefits for national income. Research Implications: The study highlights the importance of supporting agricultural policies that enhance productivity in Algeria's date sector. It suggests broader export diversification strategies, infrastructure development, and economic development. Strengthening date production can create job opportunities, stimulate rural development, and contribute to food security. Future research should explore other agricultural products, climate change, and technological innovations to improve yields and sustainability in the sector. Originality/Value: The study explores Algeria's date production and national income relationship, providing insights for policymakers to diversify the economy beyond hydrocarbons and foster sustainable growth.

The Effects of Climate Change on Kenya’s Economic Growth

Changes in the climate and natural disasters have hampered Kenya's growth in economy, as seen by periodic droughts, floods, and shifts in rainfall and temperature patterns. The research investigated the effects of climatic change on Kenya's GDP growth. Modeling was done using Autoregressive Distributed Lag (ARDL) model estimation technique while analyzing data from 1990 to 2023. Climate change was represented by annual rainfall fluctuations, carbon emissions, and forest depletion, with inflation, exchange rates, and government spending serving as the controlling factors. The regression results indicated that at 5% level of significance short run carbon emissions affect growth negatively but the long run results indicated a positive effect. Forest depletion positively impacts growth in the long run period. Government expenditure, changes in the exchange rate and economic growth had an inverse relationship. Inflation did not have potential long term impact on GDP. This study recommended that the government to balance economic growth with environmental sustainability by promoting cleaner technologies and renewable energy projects. Investments advanced irrigation and drought resistant crops are crucial. Sustainable forest management should involve controlled logging and reforestation to ensure long term health. Reducing exchange rate volatility through foreign reserves and diversified exports will stabilize the economy. Enhancing government expenditure efficiency by focusing on high return investments and minimizing waste will boost GDP stability.

Prospects for Economic Cooperation between Russia and China in the Current Geopolitical Situation

Introduction. The article examines the topical issues of relations between the two countries amidst the current foreign policy situation. Relations between Russia and China are of great importance for both countries as well as for the global political and economic situation as a whole. Cooperation between these two largest states plays an important role in the formation of multipolarity in the world arena, weakening unipolar tendencies. The article analyzes the main aspects of cooperation between Russia and China, the components of their mutually beneficial partnership, and considers the challenges and prospects that both countries face in the changing geopolitical situation. Particular attention is paid to the economic and political aspects of interaction between Russia and China, and potential ways to strengthen and expand cooperation in the future are identified.Materials and methods. To analyze the current dynamics of bilateral relations, analytical methods of processing statistical data provided by government agencies of the Russian Federation were used, as well as the method of mirror statistics in order to identify the positions and shares of Russia in the geographical structure of China's foreign trade partners based on information provided by the State Customs Service of China. The paper also presents data obtained through expert assessment and social surveys. To conduct a systemic analysis, the authors applied the methods of induction, deduction, generalization, synthesis, and comparison.Results of the study. In the course of the study, the foreign policy agenda of the Russian Federation and the People's Republic of China was analyzed, and the areas of cooperation that are of greatest mutual interest to the two countries were identified - trade, investment, implementation of joint infrastructure, energy and other projects in the real sector of the economy.In addition, the authors of the article analyzed the dynamics and structure of bilateral trade and economic cooperation between Russia and China; factors of growth in trade turnover, Russian exports to China and Russian imports from China were identified. Next, the largest Russian-Chinese investment projects in the automotive industry, fuel and energy complex and infrastructure were considered. As a result, an assessment of the prospects for further development of bilateral trade and joint projects in the concerned areas was made.An analysis of the data obtained as part of a sociological survey was conducted, which made it possible to identify the most popular areas of cooperation between the two countries that are of greatest interest to the population of the PRC in the foresee[1] able future, including the creation of new transport corridors within the framework of the conjugation of the One Belt, One Road projects and the Eurasian Economic Union.Discussion and conclusion. Economic relations play a key role in the agenda of bilateral cooperation between Russia and China and have a multifaceted nature. The projected economic growth of Russian-Chinese cooperation in 2024 and beyond presupposes diversification of the structure of bilateral trade and an increase in the volume of goods and services offered. In the context of this forecast, special attention is paid to the focus on increasing gas exports from Russia to China, which leads to an expected increase in the share of gas supplies compared to oil supplies. In addition, an important factor contributing to the stimulation of economic growth is the increase in the volume of Russian agricultural exports to China, as well as the development of cooperation in the services sector.In order to achieve even more impressive results of economic cooperation with Russia's eastern neighbor, it is necessary to pay attention to solving urgent foreign trade problems of a structural nature, namely, working on export diversification and increasing the competitiveness of the expanding range of goods and services supplied to the Asian market. It is also necessary to provide comprehensive measures to support promising manufacturing and service sectors for export. The increase in trade turnover between the two countries stimulates the development of investment partnerships and the growth in the number of jointly implemented projects in the production and infrastructure sectors, which, in turn, creates conditions for deepening interregional cooperation and the formation of a more predictable and stable world order in the foreseeable future.

Analysis Of The Influence Of Port Export And Import Volume On Economic Growth In North Sumatera And West Sumatera Provinces

Using a quantitative approach, this study investigates the effect of port export and import volumes on economic growth in North Sumatra and West Sumatra Provinces. Time series data from the World Bank and the Central Statistics Agency (BPS) from 2006 to 2023 are used as secondary data. The analysis uses the ARDL Panel model, which allows for analysis of data dynamics across time and regions. The results show that the three main indicators that affect economic growth (GRDP) in both provinces, both in the short and long term, are export volume, inflation, and exchange rates. In North Sumatra, export volume has a positive impact on GRDP, while import volume has a negative impact, indicating a risk of dependence on imports. Controlled inflation also has a positive impact, while the exchange rate shows a diversion. Policy recommendations are expected to improve global competitiveness and exchange rate stability through coordination of fiscal and monetary policies, support for the Export Capacity Building Program and MSMEs through the Regional Comprehensive Economic Framework (RCEP), and export diversification to reduce dependence on certain commodities. This study emphasizes that policies that are responsive to changes in trade at the national to international levels are an important foundation for stabilizing sustainable economic growth.

THE PHENOMENON OF EXPORT DIVERSIFICATION IN EXPORT SUCCESS AND TURKIYE CASE

Having stable sales and widespread markets in exports is as important as the success of export growth. The main problem of developing economies regarding the foreign world is not only increasing exports but also having stable sales and markets. This situation is especially important in terms of accelerating and stabilizing economic growth. For solve external equilibrium problems, developing countries need to focuse to develope to export and export diversification. Government inducements may be a supportive method for developing to export diversification. In this article, with dimension of export's effect on economic growth, phenomenon of export diversification and diversificartion's effects on export success is analysed. In the article, determined that product and market diversification are effective on success of export and on economic growth. It was concluded that there was less product diversification and more geographical market diversification in the 2000-2023 period, which was the subject of the research, in Turkey.

Indian marine products exports: Growth, instability and geographical diversification

The export of marine products is a significant source of foreign exchange and plays a crucial role in the Indian economy by generating income and employment opportunities. The marine sector contributed 25% (4.13 million t) to the overall fish production in India during the fiscal year 2022-23. The primary objective of this study is to analyse the growth rate, instability, and geographical diversification of marine product exports in terms of both quantity and value. Secondary data related to the major export destinations (Japan, USA, European Union, China, South-East Asia, Middle East and others) and item-wise export (shrimp, finfish, cuttlefish, squid, dried, live, chilled and others) of marine products from India during the period 2000-01 to 2019-20 were collected from the Marine Product Export Development Authority (MPEDA). The growth rate, instability and geographical diversification of exports were estimated using the semi-log regression model, instability index (Ray’s method) and Simpson’s diversity index, respectively. The findings reveal that the overall growth rate of marine product exports over the last two decades was 7.13%. Dry fish exhibited the highest growth rate (15.34%) among all products, and South-East Asia showed the highest growth rate (16.05%) among destinations. However, a significant decline in growth rates of export quantity and value was observed between the two decades for all items, except for frozen shrimp, accompanied by an increase in export instability. The Simpson’s diversity index indicated a significant diversification of 70%, reflecting wide variety of marine products exported as well as the broad range of destination countries. Keywords: Ray’s instability index, Seafood exports, Simpson diversity index, Growth rate

How does Russia's economy affect the region? Transmission channels and policy options

This paper studies how output fluctuations in Russia are transmitted internationally. Using dynamic panel models, the paper finds that Russia's output fluctuations are an important driver of output fluctuations of countries in the region, especially for oil importers, and are transmitted increasingly via trade and market confidence channels. The magnitude of cross-border spillovers is larger for countries with relatively high bilateral trade concentration, low export diversification, and weak external buffers. The paper also finds evidence that stronger public institutional quality- especially in the fiscal area- may help insulate countries from volatility in the Russian sovereign debt market.

Mapping trade opportunities in Central and South Asia: an exploration through trade indices and metrics

Purpose This study aims to explore the possibilities for regional (intra and inter) trade between Central Asia and South Asia (CASA) by examining several frameworks that impact the economic integration of these regions. Design/methodology/approach The study uses five indices, specifically the export diversification index, export survival rates, export sophistication, revealed comparative advantage and intra-industry trade index in South and Central Asia, from 2005 to 2021. Findings The findings show a twofold increase in the potential trade value between the two regions compared to the actual level. The intra-regional trade in Central Asia accounts for less than 5% of trade with all countries, whereas the intra-regional trade in South Asia accounts for 1.5%, and the inter-regional trade accounts for between 0.2 and 4% of total trade to all destinations. The intensity of trade measurements shows that inter-regional trade flows are modest because they make up a relatively small percentage of the entire trade volume, which includes all destinations, ranging from 0.2 to 4 %. Research limitations/implications These findings have a significant impact on the successful implementation of trading-related measures, initiatives and institutional mechanisms for encouraging improved trade between and within both regions. Practical implications Export diversification initiatives aim to provide favourable outcomes for all parties involved, focusing on expanding the range of goods and services exchanged. CASA countries with higher diversification have shown more favourable outcomes than those relying on a restricted range of products. The authors expect policies promoting a broader array of exports to boost market shares, while maintaining a narrow focus may hinder new export prospects. In addition, regional value chains and policy initiatives promoting trade and investment could lead to increased value additions to exports, technological transfers and job creation. Social implications The study emphasises the significance of trade-related policies, programmes and institutional mechanisms in promoting trade between CASA. It emphasises the need for policies that support investment and trade, adopt new requirements of the Agreement on Trade Facilitation and promote diversity and latency. Originality/value Based on economic analysis, the study offers practical insights and strategies for businesses in the CASA regions. It also provides analytical tools for academics and decision makers, as well as policy and programme recommendations for government agencies, development partners, researchers and individuals interested in trade dynamics in these regions.

The impact of digital transformation on enterprises' export stability: Evidence from listed companies in China

Enterprise export stability is crucial to the stable growth of enterprise exports. The digital transformation of enterprises has become an important driver for promoting high-quality enterprise development with the development of digital technology. This paper examines the impact of digital transformation on enterprises' export stability and explores its intrinsic influence mechanism from the aspects of export product stability and export market stability using the sample data of Chinese listed companies from 2001 to 2016. Heterogeneity analysis indicates that digital transformation has a more significant impact on promoting the export stability of foreign-funded enterprises, private enterprises, labor-intensive enterprises, and enterprises in the central and western regions than state-owned enterprises, technology-intensive, capital-intensive enterprises, and enterprises in the eastern region. The mechanism analysis shows that enterprise technological innovation, enterprise total factor productivity, and enterprise export diversification level are important influence mechanisms of digital transformation on enterprises' export stability. The findings from the moderating effect analysis reveal that the government values the advancement of sports enterprises and can positively modulate the effects of digital transformation on enterprises' export stability.