International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Open Access | Fully Refereed | Peer Reviewed

ISSN: 2319-7064




Downloads: 2

Research Paper | Economics | Mongolia | Volume 10 Issue 5, May 2021


Research on Mongolian Cashmere Exports and its Impact on Economic Growth

Enkhod Ochirpurev


Abstract: Foreign trade plays a key role in the country's economic development. Exports play an important role in economic growth, and the country's goal is to diversify exports and develop comparatively advantageous products and services. Mongolia has a nomadic culture, with more than 30 percent of the population being herders. Goats account for 40 percent of the 70 million livestock and about 28 million. Agricultural-based exports, especially cashmere exports, need to be considered at the policy level. The main purpose of this study is to study the impact of exports on the economic development of Mongolia and the impact of the cashmere sector on export economic growth based on empirical research. Based on the data for 1991-2019, an econometric assessment will be conducted and analyzed based on the economic model. As a result of the estimation, exports have a positive impact on Mongolia's economic growth, as well as cashmere exports have a positive impact on economic growth. In addition, the findings and recommendations of the study include recommendations to support Mongolia's cashmere exports.


Keywords: Mongolia, Economic growth, Export and Cashmere export


Edition: Volume 10 Issue 5, May 2021,


Pages: 601 - 609


How to Cite this Article?

Enkhod Ochirpurev, "Research on Mongolian Cashmere Exports and its Impact on Economic Growth", International Journal of Science and Research (IJSR), https://www.ijsr.net/get_abstract.php?paper_id=SR21509223308, Volume 10 Issue 5, May 2021, 601 - 609

How to Share this Article?

Enter Your Email Address


Similar Articles with Keyword 'Economic growth'

Downloads: 0

Research Paper, Economics, France, Volume 11 Issue 1, January 2022

Pages: 316 - 323

Ivory Coast Put to the Test of Migration: A Migration Policy Under Construction?

DIARRA Krikou

Share this Article

Downloads: 0

Masters Thesis, Economics, Kenya, Volume 10 Issue 5, May 2021

Pages: 1211 - 1215

The Effects of Ageing Population Growth Rate on GDP in Kenya

Tanui Kiprotich Leonard

Share this Article
Top