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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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Implications of the U.S.-Korea Free Trade Agreement for Agriculture and other Sectors of the Economy AgEcon
Zhuang, Renan; Mattson, Jeremy W.; Koo, Won W..
This paper examines the effects of the U.S.-Korea free trade agreement (KORUS FTA) on various sectors of the economy in the two countries using a general equilibrium model. Additional analysis focuses on the agricultural sector. Our analysis indicates that the increase in U.S.-Korea bilateral trade volume in recent years has been through intra-industry trade of high-technology products. Under the KORUS FTA, the bilateral trade volume would increase for virtually all the sectors, and GDP and social welfare would improve for both countries. However, producers of textile products in the United States and producers of agricultural and food products in South Korea would suffer from the FTA. This agreement could benefit U.S. agriculture, but the benefits...
Tipo: Report Palavras-chave: Korea; Free trade agreement; Trade creation; Trade diversion; International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/7636
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Selected Trade Agreements and Implications for U.S. Agriculture AgEcon
Wainio, John; Gehlhar, Mark J.; Dyck, John H..
Since 2001, the United States has concluded negotiations with 13 countries, resulting in 8 trade agreements (TAs). Three additional agreements have been negotiated but not yet ratified by Congress, as of March 2011. Other countries have become increasingly active in negotiating their own trade pacts. This proliferation of TAs between key U.S. trading partners and competitors may have raised concerns among U.S. exporters, whose share in established markets could be eroded by such deals. In this study, ERS examines how recently concluded TAs between ASEAN (Southeast Asia) countries and China and Australia/New Zealand, as well as pending TAs between the United States and Korea, Colombia, and Panama, will likely affect U.S. agricultural trade. Model results...
Tipo: Report Palavras-chave: Market access; Free trade agreements; Tariffs; Trade agreements; Trade creation; Trade diversion; Trade promotion agreements; GTAP model.; International Relations/Trade.
Ano: 2011 URL: http://purl.umn.edu/102754
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The Trade Effects of MERCOSUR and The Andean Community on U.S. Cotton Exports to CBI countries AgEcon
Yeboah, Osei-Agyeman; Shaik, Saleem; Batson, Seon.
The United States engagement in nonreciprocal preferential trade arrangements has been proliferating with several developing countries throughout the past couple of decades. One of the oldest and more successful of these arrangements has been the Caribbean Basin Initiative (CBI).The CBI is a general term used to refer to the Caribbean Basin Economic Recovery Act of 1983 (CBERA), the Caribbean Basin Economic Recovery Expansion Act of 1990 (CBERA Expansion Act), and the Caribbean Basin Trade Partnership of 2000 (CBTPA) (Ozden and Sharma 2006). The central premise behind the plan was that, by encouraging the CBI countries to become more open and liberal, trade would expand – and eventually translate into economic development and growth (Deere, 1990). The...
Tipo: Conference Paper or Presentation Palavras-chave: Panel data; Trade diversion; Trade creation; CBI; Cotton imports; Agricultural and Food Policy; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/46028
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Trade Creation and Trade Diversion in the North American Free Trade Agreement: The Case of the Agricultural Sector AgEcon
Susanto, Dwi; Rosson, C. Parr, III; Adcock, Flynn J..
This paper examines the effect of the U.S.-Mexico trade agreement under the North American Free Trade Agreement (NAFTA). The results suggest that U.S. agricultural imports from Mexico have been responsive to tariff rate reductions applied to Mexican products. A one percentage point decrease in tariff rates is associated with an increase in U.S. agricultural imports from Mexico by 5.31% in the first 6 years of NAFTA and by 2.62% in the last 6 years of NAFTA. U.S. imports from Mexico have also been attributable to the pre-NAFTA tariff rates. Overall, the results indicate that the U.S.-Mexico trade agreement under NAFTA has been trade creating rather than trade diverting.
Tipo: Journal Article Palavras-chave: Agricultural sector; NAFTA; Panel data; Tariffs; Trade creation; Trade diversion; International Relations/Trade; F10; F15; Q17; Q18; C31; C33.
Ano: 2007 URL: http://purl.umn.edu/6618
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U.S. AGRICULTURAL TRADE WITH LATIN AMERICAN COUNTRIES AND EFFECTS OF THE FREE TRADE AREA OF THE AMERICAS ON SPECIFIC COMMODITIES AgEcon
Mattson, Jeremy W.; Koo, Won W..
Trade with Latin American countries is an increasingly important issue, as negotiations progress for a Free Trade Area of the Americas (FTAA). The objectives of this study are to analyze U.S. agricultural trade with Latin American countries, determine factors influencing agricultural trade with these countries, and estimate possible effects of trade liberalization under the FTAA on U.S. agricultural trade. This study analyzes U.S. exports of wheat, corn, rice, soybeans, soybean meal, beef, pork, and poultry meat to 16 Latin American countries; U.S. imports of bananas, coffee, grapes, fruit and vegetable juice, sugar, pineapples, avocados, mangos, prepared or preserved meat, crustaceans, and fish fillets or meat from these countries are also analyzed....
Tipo: Working or Discussion Paper Palavras-chave: Free Trade Area of the Americas; Agricultural trade; Trade creation; Trade diversion; International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/23568
Registros recuperados: 6
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