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Modelling the impacts of multilateral agricultural trade liberalization on the EU 31
Niemi, Jyrki S.; Kerkela, Leena; Lehtonen, Heikki.
The objective of this paper is to explore the implications of domestic policy reforms and trade liberalisation on EU and global agricultural markets by utilising the GTAP model. The results suggest that CAP reforms in conjunction with the removal of export subsidies and tariff reductions according to the proposals from the EU and the US in the WTO would decrease EU's production, reduce EU's exports, and increase EU's imports in almost all the examined agricultural products. For countries such as Australia, the US, and the MERCOSUR group, higher world prices stimulate domestic agricultural production, partly offsetting the EU output decline.
Tipo: Conference Paper or Presentation Palavras-chave: EU; WTO; Tariff reductions; Export subsidies; CAP reforms; GTAP model; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/44334
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China’s growing food imports from the EU 31
Huan-Niemi, Ellen; Niemi, Jyrki S..
This paper examined China’s agricultural imports in regard to income growth, import price changes, and tariff reductions due to China’s trade liberalisation. More specifically, it attempted to model behavioural relationships in the agricultural trade between China and the EU by using annual trade data from 1986 to 2005. Econometric models were constructed for six agricultural products exported from the EU to China – frozen pigmeat, frozen fish, whey, barley, beer, and wine. The results indicated that China’s agricultural imports on a product basis are insensitive to absolute price changes. Therefore, the examination of the price elasticities confirmed the expectation that demand for Chinese agricultural imports is relatively inelastic to absolute price...
Tipo: Conference Paper or Presentation Palavras-chave: EU; China; Agricultural imports; Income growth; Tariff reductions; Agricultural and Food Policy; Demand and Price Analysis; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/51541
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Implications of Trade Liberalization and Domestic Reforms on EU Agricultural Markets 31
Huan-Niemi, Ellen; Kerkela, Leena; Lehtonen, Heikki; Niemi, Jyrki S..
The objective of this paper is to explore the overall effects of further trade liberalization and the implemented CAP reforms on EU agricultural production, imports and exports within different EU regions by using the Global Trade Analysis Project (GTAP) model. The GTAP model is used to compare a lower tariff reduction formula (EU Proposal) with a higher reduction formula (US Proposal) in order to show how sensitive the examined agricultural commodity/sector is to the different tariff reduction formulae. This analysis reveals that EU imports would escalate and EU exports would plummet with declining EU production because of trade liberalization and domestic policy reforms in the EU agricultural markets and sectors.
Tipo: Journal Article Palavras-chave: EU; WTO; CAP reforms; Tariff reductions; Export subsidies; Agricultural and Food Policy; Agricultural Finance; Demand and Price Analysis; Environmental Economics and Policy; Financial Economics; International Relations/Trade; Q1.
Ano: 2009 URL: http://purl.umn.edu/92554
Registros recuperados: 3
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