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Effects of Regional Trade Agreements on Trade in Agrifood Products: Evidence from Gravity Modeling Using Disaggregated Data AgEcon
Sarker, Rakhal; Jayasinghe, Sampath.
The recent proliferation of regional trade agreements (RTAs) has intensified the debate on their merits. A growing literature has addressed this policy debate, focusing on the welfare and trade effects of RTAs and their likely impacts on the multilateral trading system. Some view them as stepping-stones toward multilateral trade liberalization while others see them as stumbling blocks against free trade. The existing literature has neglected some important aspects of RTAs dealing with trade in agrifood products. This study analyzes trade creation and diversion effects of the North American Free Trade Agreement (NAFTA) on trade of six selected agrifood products from 1985 to 2000. The investigation estimates an extended gravity model using pooled...
Tipo: Working or Discussion Paper Palavras-chave: Agrifood products; Gravity model; NAFTA; North American Free Trade Agreement; Regional trade agreements; Trade creation; Trade diversion; International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/18605
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NORTH AMERICAN AGRICULTURAL MARKET INTEGRATION AND ITS IMPACT ON THE FOOD AND FIBER SYSTEM AgEcon
Vollrath, Thomas L..
Economic change and market dynamics have fundamentally altered the structure and performance of agricultural markets in the United States, Canada, and Mexico within the last 25 years. Many factors have helped shape the current North American food and fiber system, including technological change, domestic farm policies, international trade agreements, and the economic forces of supply and demand. Ratification of NAFTA, for example, helped integrate the North American market, sparking a surge in trade and investment among the United States, Canada, and Mexico. In recent years, efforts to further integrate the continental market seem to have slowed. Broadening the scope of NAFTA to include institutional reforms that lead to a more unified system of commercial...
Tipo: Report Palavras-chave: Agriculture; Market integration; Market segmentation; Law of one price; Price transmission; Elasticities; Exchange-rate pass-through; Market efficiency; Bilateral trade intensity; Regional trade agreements; NAFTA; CUSTA; Trade policy; WTO; GATT; Industrial Organization; International Relations/Trade; Marketing.
Ano: 2003 URL: http://purl.umn.edu/33639
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Regional Trade Agreements: Effects of the Andean and Mercosur Packs on the Venezuelan Soybean Trade and U.S. Exports AgEcon
Reeder, John; Torene, Jillian A.; Jabara, Cathy L.; Babula, Ronald A..
Since the mid-1990s, the two regional trade agreements in South America, the southern Mercosur Pact (among Brazil, Argentina, Paraguay and Uruguay), and the northern Andean Pact (among Venezuela, Colombia, Ecuador, Bolivia, and Peru) noticeably affected certain trade patterns between the two pacts' members and with the United States for various reasons discussed herein. The effect of trade diversion owing to the Andean Pact with its common external tariff and price band system against non-Andean products was examined for soybean and soybean meal imports into Venezuela historically an important market for U.S. products. As well, the recent combining of Mercosur and Andean nations into a single regional trade agreement is likely to further adversely affect...
Tipo: Working or Discussion Paper Palavras-chave: Venezuela; Soybeans; Soybean meal; Trade diversion; Mercosur; Andean Pact; U.S. exports; Armington-type import model; Price bands; Regional trade agreements; International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/15882
Registros recuperados: 3
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