scholarly journals The Impact of Regulations on Agricultural Trade: Evidence from SPS and TBT Agreements

2007 ◽  
Author(s):  
Anne-Celia Disdier ◽  
Lionel Fontagne ◽  
Mondher Mimouni
Keyword(s):  
Agricultural Trade ◽  
The Impact

EVALUATING THE IMPACT OF SANITARY AND PHYTOSANITARY MEASURES ON AGRICULTURAL TRADE: EVIDENCE FROM THAI FRUIT EXPORTS TO CHINA

2021 ◽  
pp. 1-19
Author(s):  
SASIWOOTH WONGMONTA
Keyword(s):  
Recent Decade ◽  
Agricultural Trade ◽  
Substantial Effect ◽  
Trade Barriers ◽  
Sample Period ◽  
Sectoral Analysis ◽  
Gravity Equations ◽  
Important Challenge ◽  
Phytosanitary Measures ◽  
The Impact

Food safety concerns have become increasingly important challenge for agricultural trade. Sanitary and phytosanitary (SPS) measures are often considered as major non-tariff trade barriers, which have surged rapidly over the recent decade. This study systematically investigates the impact of China’s SPS measures on Thai fruit exports. The panel dataset is constructed with 17 Thai fruit items for the sample period 2000–2018. Gravity equations are estimated to quantify the trade effects of SPS measures on the value of fruit exports from Thailand to China. The results from the sectoral analysis reveal that the restrictiveness of SPS measures has a positive and substantial effect on export volumes. This suggests that non-arbitrary and informative SPS requirements imposed by a large importing country would help facilitate the agricultural trade.

scholarly journals THE IMPACT OF THE WORLD FOOD PRICE INDEX ON SOME EAST-EUROPEAN ECONOMIES

2018 ◽  
Vol 19 (2) ◽  
pp. 268-287
Author(s):  
Corina Saman ◽  
Cecilia Alexandri
Keyword(s):  
Price Volatility ◽  
Agricultural Trade ◽  
Food Prices ◽  
Food Price ◽  
Long Run ◽  
Short Run ◽  
Positive Shock ◽  
Macroeconomic Implications ◽  
The Impact ◽  
Global Food

This paper deals with the dynamic response of exchange rates, inflation and agricultural foreign trade in Bulgaria, Poland and Romania to global food prices. We employ time-varying VARs with stochastic volatility to estimate the behaviour of these macroeconomic variables over the 2001M1–2015M12 period. The original contribution of this paper is that it captures the time variation and nonlinearities of the relationship between variables taking into account food price volatility and its macroeconomic implications. The main findings of the paper are: (i) high global food prices were transmitted to domestic economies causing pressure on inflation in the long run; (ii) in the short run the impact of a positive shock in international food price increases domestic inflation, depreci-ates the currency and reduces the agricultural trade; (iii) the vulnerabilities to global food prices are more pregnant for Romania and Bulgaria; (iv) the difference in the transmission of world prices is related to the different status of the countries as regards food and agricultural trade. The findings of the research would be significant for the governments to promote policies to help farmers respond to the rising of food prices by growing more and responding to export opportunities that may arise.

Three essays on agricultural trade and policy

2017 ◽  
Author(s):  
◽  
Byung Min Soon
Keyword(s):  
Trade Policy ◽  
Agricultural Trade ◽  
Tariff Rate ◽  
New Method ◽  
Alternative Methods ◽  
Spongiform Encephalopathy ◽  
Rice Market ◽  
Cointegration Tests ◽  
The Impact ◽  
Korean Rice

[ACCESS RESTRICTED TO THE UNIVERSITY OF MISSOURI AT AUTHOR'S REQUEST.] The first essay introduces a new method to measure non-tariff barriers (NTBs). NTBs to agricultural trade are believed to have increased while tariffs fell. Hence, measuring NTBs is important and several alternative methods have been used. I develop a method that combines cointegration tests and an equilibrium model. These seemingly disparate methods are used to estimate the size of NTBs and to assess their economic impact. I apply our method to the Russian chicken import ban and find larger impacts compared to a common method based on price gaps. This new method can help trade policy analysts convert implicit economic assumptions of cointegration test results into explicit NTB measures that can explain the observed pattern in time series price data and estimate their impacts. The second essay examines the impact of the impacts of the Bovine Spongiform Encephalopathy (BSE) outbreak in the U.S. on the Japanese beef market. The time-varying Armington model allows us to examine how the BSE outbreak affected the elasticity of substitution and the country of origin bias. Moreover, I estimate beef demands in the case that the BSE outbreak did not occur. The BSE outbreak caused higher demand for Australian beef and lower demand for U.S. beef, while domestic beef demand was only modestly affected. Specifically, the outbreak affected imported frozen beef demands more than imported chilled beef demands. The third essay explores the impact of tariff rate quota (TRQ) on the Korean rice market. Korea replaced its rice import quota with a TRQ in 2015. A structural model representing the Korean rice market is developed to evaluate this new trade policy and examine the possibility of Korean rice imports under uncertainty. Results indicate that rice imports in excess of the current TRQ quantity are unlikely for a range of market conditions. Two scenarios, which are the over-quota tariff rate reduction and the Minimum Market Access (MMA) quantity expansion, show how the market responds to policy changes. In addition, Korean rice imports are sensitive to consumer preferences for different rice types.

scholarly journals The Impact of Structure Similarity of Nontariff Measures on Agricultural Trade

2020 ◽  
Vol 12 (24) ◽  
pp. 10545
Author(s):  
Sung Ju Cho ◽  
Saera Oh ◽  
Sang Hyeon Lee
Keyword(s):  
Sustainable Development ◽  
Gravity Model ◽  
Bilateral Trade ◽  
Agricultural Trade ◽  
Technical Barriers To Trade ◽  
Structure Similarity ◽  
Regulatory Harmonization ◽  
Phytosanitary Measures ◽  
Negative Impacts ◽  
The Impact

This study quantifies the structure similarity of nontariff measures between countries and estimates its impact on bilateral agricultural trade using a structural gravity model. The findings show that a similar structure of technical barriers to trade (TBT) between countries is likely to expand their bilateral trade. However, a similar structure of sanitary and phytosanitary measures (SPS) is shown to have negative impacts on agricultural trade. We also discuss the effects of regulatory harmonization on sustainable development.

scholarly journals The Impact on Uganda of Agricultural Trade Liberalisation

2002 ◽  
Vol 53 (2) ◽  
pp. 365-381 ◽  
Author(s):  
Adam Blake ◽  
Andrew McKay ◽  
Oliver Morrissey
Keyword(s):  
Agricultural Trade ◽  
Trade Liberalisation ◽  
The Impact

scholarly journals The Impact of Regulations on Agricultural Trade: Evidence from the SPS and TBT Agreements

2008 ◽  
Vol 90 (2) ◽  
pp. 336-350 ◽  
Author(s):  
Anne-Célia Disdier ◽  
Lionel Fontagné ◽  
Mondher Mimouni
Keyword(s):  
Agricultural Trade ◽  
The Impact

Regional pacts to facilitate global agriculture trade

2015 ◽  
Keyword(s):  
World Trade ◽  
Agricultural Sector ◽  
Trade Agreements ◽  
Agricultural Trade ◽  
Agricultural Products ◽  
Regional Trade ◽  
Content Type ◽  
Food Standards ◽  
Global Agriculture ◽  
The Impact

Subject The impact of preferential trade agreements on global agricultural trade. Significance Bilateral and regional trade agreements have proliferated since the late 1980s. They account for over 50% of world trade and their share is increasing, according to OECD estimates. These agreements are particularly significant for agricultural trade, principally because this sector has the most to gain from low tariff access to markets. Yet they raise the question of whether such agreements are the most effective instruments for reducing barriers to global agricultural trade. Impacts Agricultural products such as sugar and dairy are likely to continue appearing frequently on the 'sensitive products' list in PTAs. Japan's aversion to opening its agricultural sector represents a major hurdle to the TPP. The European Parliament will probably reject any TTIP agreement that requires abandoning the 'precautionary principle' on food standards.

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