scholarly journals The potential impacts of the EVFTA on Vietnam’s exports of agricultural products: an application of SMART model

2021 ◽  
Author(s):  
Duc Manh Doan ◽  
Dac Hieu Nguyen

The study aims to identify and analyze the impact of the European Union - Vietnam Free Trade Agreement (EVFTA) on Vietnam’s exports of agricultural products. The secondary data from the World Bank and the SMART model under two scenarios are applied. The simulations suggest that the tari൵elimination would result in a signi¿cant increase in Vietnam’s agricultural exports. The exported value of¿sh products from Vietnam shows the highest increase. In one scenario, as the European Union (EU) lowers the tari൵to other competing countries, Vietnam’s exports of agricultural products exhibit minor reductions compared to the other scenario. Through examining the slight reduction and the revealed comparative advantage of Vietnam, it is found that crustaceans, mollusks, and other aquatic invertebrates are among the agricultural export products of Vietnam that potentially take the most advantage from the EVFTA.

2016 ◽  
Vol 8 (5) ◽  
pp. 39 ◽  
Author(s):  
Ye Mingque ◽  
Alena Slisava

<p>Nowadays non-tariff measures become more and more widely used. Russia is one of world largest importers of agri-products. In order to protect domestic production different non-tariff measures (NTMs) are used, which create difficulties for the exporters because NTMs are strict, changeable and difficult to deal with. This article analyses Russian non-tariff measures and their influence on the European Union exports of agri-products by using gravity model. The results show that Russian trade resistance is weaker for EU agricultural products exporters than for the USA exporters but stronger than for Chinese agricultural products exporters. The results do not prove that Russia’s NTMs have bigger impact on the EU exports than on the other countries’ exports such as India, Kyrgyz Republic, and the Ukraine. The NTM of such countries as China and Mexico also have much greater influence on the EU exports of agri-products than Russian NTMs.</p>


Author(s):  
Oyetoun Dunmola Amao ◽  
Michael Akwasi Antwi ◽  
Oluwaseun Samuel Oduniyi ◽  
Timothy Olukunle Oni ◽  
Theresa Tendai Rubhara

This research sought to explore the performance of agricultural export products on economic growth in Nigeria from 1960 to 2016. Secondary data from the National Bureau of Statistics, the Central Bank of Nigeria’s Annual Statistical Bulleting, the World Bank, and World Development Indicators were used. The Generalized Method of Moments (GMM) model was explored in this study. The findings of the study show that food and live animals, beverages, and tobacco were found to be negative but significant to agricultural exports, while agricultural exports (total) and crude materials, inedible except fats, were found to be negative and insignificant to economic growth. Animal and vegetable oils and fats were found to be positive but insignificant to economic growth. Based on the following findings, it is recommended that policies aimed at increasing the productivity and quality of agricultural products, especially those from crops, should be implemented. There is also a need to devote more resources to the production of non-export goods to increase exports. Above all, more credit should be extended to the agricultural sector with a low or zero interest rate, which may lead to a higher rate of economic growth in Nigeria.


LOGOS ◽  
2017 ◽  
Vol 5 (1) ◽  
Author(s):  
Mag. Alfonso Cossio Carlín

RESUMENEl Objetivo General de la presente investigación es determinar el impacto que ha tenido el Tratado de Libre Comercio entre Perú y la Unión Europea en las exportaciones peruanas de mangos al Reino Unido (Inglaterra, Irlanda del Norte, Escocia y Gales). Las causas de dicho incremento no solamente se basan en un acceso preferencial (eliminación de aranceles de importación) sino también al aumento en el consumo de dicha fruta por parte de los residentes del Reino Unido. Este Tratado de Libre Comercio forma parte de una estrategia comercial integral que busca convertir al Perú en un país exportador, consolidando más mercados para su portafolio de productos, desarrollando una oferta exportable competitiva y promoviendo el comercio y la inversión, para brindar mayores oportunidades económicas y mejores niveles de vida.Por lo que en el presente artículo se presentan los siguientes ítems:IntroducciónMaterial y MétodoResultadosConclusionesBibliografíaPalabras claves: Tratado de Libre Comercio, consumo de mango, acceso preferencial.SUMMARYThe general objective of this research is to determine the impact that has had the Free Trade Agreement between Peru and the European Union in Peruvian exports of mangoes to the United Kingdom (England, Northern Ireland, Scotland and Wales). The causes of this increase not only rely on preferential access (elimination of import tariffs) but also to increased consumption of the fruit by UK residents.This FTA is part of a comprehensive business strategy that seeks to turn Peru into an exporter, consolidating more markets for its product portfolio, developing a competitive export supply and promoting trade and investment, to provide greater economic opportunities and improved living standards.So in this article, the following items are presented:• Introduction• Material and Methods• Results• Conclusions• BibliographyKeywords: Free Trade, consumption of mango, preferential access.


2017 ◽  
Vol 7 (1) ◽  
Author(s):  
MA. Leonora Vranja

Given the fact that Kosovo was in a difficult economic situation, it became a member of CEFTA, so that domestic producers could export their goods, benefit from free trade, attract foreign investors, and also it was seen as an opportunity for integration into the European Union (EU). After the signing of this agreement, eventhough expectations were optimistic about economic development, the agreement was not fully implemented. Kosovo, compared to other SouthEast European countries that are also members of this agreement, has been discriminated against in terms of export of domestic products and the number of foreign investors has decreased.The purpose of this paper is to analyze the impact of this agreement on Kosovo's economic development.For analyzing the macroeconomic indicators affected by this agreement, analytical methods were used, and interviews were conducted with a local producer as well as with an economic expert.The results of this research show that the CEFTA 2006 agreement did not have the expected positive impact on the development of the economy in Kosovo.


Author(s):  
Roberto D’Erme ◽  
Christophe Geiger ◽  
Henning Grosse Ruse-Khan ◽  
Christian Heinze ◽  
Thomas Jaeger ◽  
...  

Author(s):  
Kore M.A. Guei ◽  
Gift Mugano ◽  
Pierre Le Roux

Background: Using the partial equilibrium WITS-SMART Simulation model to assess the impact of liberalisation under the Trade Development and Cooperation Agreement (TDCA) of a free trade area between the European Union and South Africa. The identification of the impact of such agreement allows for trade policy negotiation adjustment that can be beneficial for South Africa.Aim: The aim of the study is to estimate and discuss the impact of a Free Trade Agreement (FTA) with the European Union and South Africa. More specifically, the study intends to estimate the impact of revenue, welfare, imports, exports, trade creation and to come up with policies options for South Africa that can be used in negotiations and policy formulations.Setting: The study used international trade data (2012) available in the WITS-SMART model to assess bilateral trade agreement between the European Union and South Africa.Methods: To identify the impact on revenue, welfare, imports, exports and trade creation, the study simulated an FTA (0% tariff rate) for all goods exchanged between the European Union and South Africa. Also, the elasticity of substitution used for the simulation model was 99%.Results: The findings of the study reveal that total trade effects in South Africa are likely to surge by US$ 1.036 billion with a total welfare valued at US$ 134 million. Dismantling tariffs on all European Union (EU) goods would be beneficial to consumers through net trade creation. Total trade creation would be US$ 782 million. However, South African producers are likely to contribute a trade diversion of US$ 254 million which has a negative impact on consumer welfare. The country might also experience a revenue loss amounting to US$ 562 million because of the removal of tariffs. In trade, the country’s exports and imports to the EU are expected to increase by US$ 12.419 million and US$ 1.266 million, respectively.Conclusion: The European Union–South Africa FTA would result in both trade creation and trade expansion effects. However, trade creation and revenue loss are potential threats. In order to mitigate revenue loss, government needs to consider alternative tax such as consumption tax on certain goods and value-added tax.


2021 ◽  
Vol 26 (2) ◽  
pp. 245-254
Author(s):  
Suada A. Džogović ◽  
Anita Cucović ◽  
Suada Ajdarpašić ◽  
Enes Hamzagić

Provided that one of the goals of the European Union (EU) is the economic development and possibility of integration by implementing fundamental reforms through an adequate strategic approach, this paper aims to determine the impact of the EU policy and the Instrument for PreAccession Assistance (IPA Fund) on the international business environment with special emphasis on Bosnia and Herzegovina, Kosovo, and Turkey. It is obvious that the EU not only provides assistance to candidate countries but also contributes to the stability, security, and prosperity of beneficiary countries. However, by adopting this approach, the EU imposes certain changes in the instruments of financial support. Namely, by launching the IPA II programme it surpassed IPA I, covering five priority areas as the key segments of development. It has been shown that this support programme is of great importance for the development of the countries covered in this study. Our research also indicates that IPA funding aids in the political and economic reforms of transition countries, preparing them for the rights and duties that come with the Union membership. Secondary data available on the official website of the European Union were used in this study. The hypothesis is confirmed by quantitative data analysis showing a significant impact of the IPA II programme on defined sectors in Bosnia and Herzegovina, Kosovo, and Turkey.


2016 ◽  
Vol 238 ◽  
pp. R31-R42 ◽  
Author(s):  
Monique Ebell

One of the key issues facing the UK in the wake of the advisory referendum result to leave the European Union is the precise nature of its relationship with the European Union. At one extreme would be continued membership in the European Economic Area, including membership in the single market. Other options would be either no free trade agreement (FTA) with the EU at all or a less comprehensive FTA which stops short of single market membership. This paper compares the ability of EEA membership and less comprehensive FTAs to generate trade in goods and services. We investigate this question using empirical gravity model methodology and the most recent available data from 42 countries. We use recently developed econometric methods to deal with observations of zero trade flows and issues connected with endogeneity. The main finding is that while EEA membership is associated with substantial and statistically significant increases in bilateral services trade flows, membership in less comprehensive FTAs is not associated with any significant increase in bilateral services trade. For goods, EEA membership is associated with larger bilateral trade flows than are less comprehensive FTAs. These results suggest that it might be difficult to replace, on an exit from a European Union, lost trade flows with the EU by means of shallower FTAs with the EU or with third countries.


2000 ◽  
Vol 5 (3) ◽  
pp. 245-251 ◽  
Author(s):  
Luigi Leonori ◽  
Manuel Muñoz ◽  
Carmelo Vázquez ◽  
José J. Vázquez ◽  
Mary Fe Bravo ◽  
...  

This report concerns the activities developed by the Mental Health and Social Exclusion (MHSE) Network, an initiative supported by the Mental Health Europe (World Federation of Mental Health). We report some data from the preliminary survey done in five capital cities of the European Union (Madrid, Copenhagen, Brussels, Lisbon, and Rome). The main aim of this survey was to investigate, from a mostly qualitative point of view, the causal and supportive factors implicated in the situation of the homeless mentally ill in Europe. The results point out the familial and childhood roots of homelessness, the perceived causes of the situation, the relationships with the support services, and the expectations of future of the homeless mentally ill. The analysis of results has helped to identify the different variables implicated in the social rupture process that influences homelessness in major European cities. The results were used as the basis for the design of a more ambitious current research project about the impact of the medical and psychosocial interventions in the homeless. This project is being developed in 10 capital cities of the European Union with a focus on the program and outcome evaluation of the health and psychosocial services for the disadvantaged.


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