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| Wainio, John; Dyck, John H.; Gehlhar, Mark J.; Vollrath, Thomas L.. |
| The growing number of free trade agreements among U.S. competitors has prompted questions about whether U.S. agricultural exporters may lose a share of the global market. ERS research shows that the recently created ASEAN-China and ASEANAustralia/ New Zealand free trade agreements are likely to have modest adverse impacts on U.S. agricultural exports. The Mercosur-Colombia free trade agreement has reduced U.S. agricultural exports to Colombia; U.S. grain sellers face increasingly stiff competition due to preferential tariffs granted to Mercosur exporters. |
| Tipo: Article |
Palavras-chave: International Relations/Trade. |
| Ano: 2011 |
URL: http://purl.umn.edu/121095 |
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| Grant, Jason H.; Vollrath, Thomas L.. |
| The degree to which countries are pursuing regional trade agreements (RTAs) has been nothing short of extraordinary. The topic of regional integration is “breeding concern” among academics and policymakers as to the intra- and extra-regional effects of these agreements. This study constructs and uses an updated database of agricultural trade flows from 1992-2008 to shed light on the degree to which insider and outsiders status affects U.S. agricultural exporters and its competing suppliers. Regarding outsider status, we modify the existing approach by incorporating region-specific extra-bloc trade flow variables to examine the degree to which RTAs divert trade from specific regions of the world. The results are quite illuminating. While RTAs may not be... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
| Ano: 2010 |
URL: http://purl.umn.edu/61144 |
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| Doan, Darcie; Goldstein, Andrew; Zahniser, Steven; Vollrath, Thomas L.; Bolling, H. Christine. |
| This paper surveys the economic literature about North American integration in the agri-food sector. The purpose of this survey is two-fold: it summarizes the lessons learned, and it identifies areas where further research could provide valuable input into policy discussions. As the integration of North American agriculture progresses, the range of agri-food policies with strictly domestic effects becomes increasingly narrow. Thus, policymakers in North America need to consider the effects that their decisions will have on other NAFTA countries, as well as the impact that decisions by other NAFTA governments will have at home. The paper is organized as follows. Section 2 identifies the major factors contributing to integration and comments on their... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Industrial Organization. |
| Ano: 2004 |
URL: http://purl.umn.edu/16730 |
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| Regmi, Anita; Gehlhar, Mark J.; Wainio, John; Vollrath, Thomas L.; Johnston, Paul V.; Kathuria, Nitin. |
| Market access remains a major impediment for expansion of global trade in high-value foods, particularly processed foods. Countries use tariffs and other measures that effectively stimulate imports of relatively unprocessed agricultural commodities at the expense of processed products. Tariff escalation, in which tariffs rise with the level of processing, discourages trade in high-value foods, and trade remedy measures, such as antidumping duties, are concentrated among high-value products. Globalization has provided countries with easier access to capital and technology needed to produce processed food, further affecting trade patterns and markets for high-value foods. A uniform cut in tariffs increases trade in high-value foods more than trade in raw... |
| Tipo: Report |
Palavras-chave: Food trade; Processed food; High-value foods; Tariff; Tariff escalation; Trade remedy measures; Sanitary and phytosanitary measures; Safeguard measures; Revealed comparative advantage; Trade complementarities; International Relations/Trade. |
| Ano: 2005 |
URL: http://purl.umn.edu/33999 |
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| Vollrath, Thomas L.; Hallahan, Charles B.. |
| The rapid increase in the number of bilateral and regional free-trade agreements since 1995 is a striking development. The proliferation of these agreements has raised questions about whether they have, in fact, opened markets, created trade, promoted economic growth, and/or distorted trade. This study uses panel data from 1975 to 2005 and a gravity framework model to identify the influence of reciprocal trade agreements (RTAs) on bilateral trade in the world agricultural marketplace. A benchmark, Heckman sample-selection and two generalized models, one of which accounts for RTA phase-in effects, are used to gauge the impact on partner trade of mutual as well as asymmetric RTA membership. Empirical results show that RTAs increase agricultural trade between... |
| Tipo: Report |
Palavras-chave: Trade policy; Reciprocal trade agreements; Bilateral; Regional; Missing trade; Gravity models; Agricultural and Food Policy; International Development; International Relations/Trade. |
| Ano: 2011 |
URL: http://purl.umn.edu/102755 |
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| 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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| Vollrath, Thomas L.; Hallahan, Charles B.. |
| The rapid increase in the number of bilateral and regional free-trade agreements since 1995 is a striking development. The proliferation of these agreements has raised questions among academicians and policymakers about whether they have, in fact, opened markets, created trade, promoted economic growth, and/or distorted trade. This study uses panel data from the 1975-2005 period and the gravity framework to identify the influence of bilateral/regional free-trade agreements on bilateral trade in merchandise, agriculture, and clothing sectors. A benchmark, Heckman sample-selection, and two generalized models, one of which accounts for reciprocal-free-trade-agreement phase-in effects, are used to gauge the impact on partner trade of mutual as well as... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Trade policy bilateral; Regional; Missing trade gravity models reciprocal trade agreements Agricultural and Food Policy. |
| Ano: 2009 |
URL: http://purl.umn.edu/49375 |
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