Elasticity of import demand for wood pellets by the European Union

2017 ◽  
Vol 81 ◽  
pp. 83-87 ◽  
Author(s):  
Lili Sun ◽  
Kurt Niquidet
Author(s):  
Jean-Christophe Bureau ◽  
Luca Salvatici

Abstract This paper provides a summary measure of the possible new commitments in the area of agricultural market access undertaken by the European Union and the United States, using the Trade Restrictiveness Index (TRI) as the tariff aggregator. We take the 2001 bound tariffs as the starting point and attempt to assess how much liberalization in agriculture could be achieved in the European Union and the United States as a result of the present negotiations. We compute the index for 20 agricultural commodity aggregates under the actual commitments assuming a specific functional form for import demand. We compare the present levels of the TRI with three hypothetical cases: a repetition of the same set of tariff cuts commitments of the Uruguay Round according to a EU proposal prior to the 2003 WTO ministerial meeting, a uniform 36% reduction of each tariff, an harmonization ( "Swiss" ) formula based on the initial US proposal.


2002 ◽  
Vol 180 ◽  
pp. 23-33

GDP in the Euro Area fell by 0.2 per cent in the final quarter of 2001, the first quarterly decline since 1993. With the notable exception of Spain, output declined or stagnated in all the Euro Area economies that have published GDP figures for the fourth quarter. Germany and Austria experienced a technical recession in the latter half of last year, with two consecutive quarters in which output declined. Outside the Euro Area, Sweden and Denmark both recorded modest growth in the final quarter of the year. In the case of Sweden this stemmed from a weakening of the currency against the euro, while Danish growth was supported by an expansion in government expenditure. The widespread downturn in the Euro Area resulted from further contractions in corporate expenditure. Private sector investment and inventory accumulation made a negative contribution to output growth in 2001 as a whole; in contrast consumers' expenditure remained relatively resilient, especially in France and Spain. Trade contracted markedly towards the end of the year, especially in Germany and France. Export and import volumes in the Euro Area both declined by 0.6 per cent in the final quarter of the year. For the year as a whole, net trade made a strong positive contribution to growth, reflecting exceptionally weak import demand in Germany, France, Italy, the Netherlands, Belgium and Finland.


2008 ◽  
Vol 40 (3) ◽  
pp. 941-951 ◽  
Author(s):  
Tullaya Boonsaeng ◽  
Stanley M. Fletcher ◽  
Carlos E. Carpio

This paper analyzes the European Union (EU) import demand for in-shell peanuts from three sources: the United States, China, and the rest of the world. We find that peanuts from different sources are differentiated by EU consumers. The expenditure elasticity is elastic for U.S. in-shell peanuts, which is associated with their higher quality. The conditional own price elasticities are more elastic for U.S. and Chinese in-shell peanuts. These findings have at least two implications. First, U.S. producers and exporters should direct efforts to ensure that in-shell peanuts exported to the EU are of the best possible quality, and, second, promotion efforts should stress the quality of U.S peanuts as an advertising tool.


2004 ◽  
Vol 36 (16) ◽  
pp. 1859-1869 ◽  
Author(s):  
J. M. Gil * ◽  
B. Dhehibi ◽  
M. Ben Kaabia ◽  
A. M. Angulo

2018 ◽  
Vol 9 (4) ◽  
pp. 1365
Author(s):  
Rajmund MIRDALA

Intra-Eurozone current account imbalances represent one of the most discussed topics related to the competitiveness issues of the common currency area since its establishment. Many authors examined this phenomenon considering possible linkages to effects of common monetary policy, real exchange rates movements, variety of demand drivers (fiscal imbalances included) and capital flows. However, as a result of increasing specialization on the individual country level during past few decades that stimulated distribution of individual stages of production across countries, dynamics of exports and imports of final goods, intermediate goods as well as primary inputs was associated with generally ambiguous effect on the external balance. The paper investigates the main determinants of disaggregated export and import demand functions on the sample of 21 the European Union member countries. Our results from estimated ARDL model based on the panel data indicates relatively significant importance of intermediate goods in the formation of external trade balances within as well as outside European Union from both territorial and commodity aspects.


2019 ◽  
Vol 8 (4) ◽  
pp. 227
Author(s):  
Dario Caro ◽  
Fabio Sporchia

In the last years, a significant increase of imports of Rice from Cambodia and Myanmar into the European Union has been recorded. In particular, Italian farmers were badly affected by the imports of rice from these two Asiatic countries. Indeed, the European Commission in 2019 has therefore decided to re-introduce specific import duties. In turn, such exported rice corresponds to large quantities of land that are driven by consumption of Asiatic rice in Italy. In this study, we estimate the Virtual Land Trade associated with rice trade between Cambodia and Myanmar to Italy. Our analysis combines physical import data and associated land information. The analysis shows the pro-and-con of these debated trade connections also revealing the effect of replacing the Asiatic import demand with domestic production of rice in Italy in terms of land use. The study is relevant in understanding whether patterns of rice consumption, production and trade represent an efficient, and logical, allocation of natural resources.Keywords: Virtual land trade; food; consumer awareness; land footprint; agricultural impact; rice; international trade


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