Impact of landlockedness on Armenia’s export performance for the period 1996-2010

Abstract

Armenian government has issued a new strategy to boost Armenia’s export and reach export-led growth. In the context of this strategy Armenia’s export performance feels a strong need to be precisely analyzed. Several early analyses on the subject have indicated Armenia’s landlockedness to greatly hinder country’s export and cause the poor export performance Armenia has reported during the last 17 years. This paper, analyzing the impact of landlockedness on the country’s export performance for the period 1996-2010, provides support for the hypothesis that landlockedness does not exercise decisive impact as suggested by many.