Showing 1 - 10 of 2,617
This paper aims at modeling a global CGE trade model for the EU15 subnational regions. This model is used to assess production reallocation across sectors in each EU15 region, assuming a scenario in which world tariff liberalization is implemented in the agricultural sector. The model is...
Persistent link: https://www.econbiz.de/10010253445
The cost of complying with a sanitary standard is certain. However, such regulatory measure is a source of uncertainty for exporting firms in relation to border rejections. Shipments may fail to pass inspections and may be refused entry into the importing country. We examine how the risk of...
Persistent link: https://www.econbiz.de/10011447532
We identify that consignments rejected by the European Union, due to the presence of unauthorized Genetically Modified food, have been diverted to third countries, creating trade deflections. We rely on a gravity model to examine the effects on food products. Our results show that the rejection...
Persistent link: https://www.econbiz.de/10012305683
We consider the effects of protectionist trade policies on international and domestic market integration, using evidence from the long-standing softwood lumber trade dispute between Canada and the United States. The benefits of trade liberalization are widely acknowledged, including better...
Persistent link: https://www.econbiz.de/10012181252
COVID-19 has raised questions about the resilience of agri-food trade to global shocks to the system. This paper analyses the changes in agri-food trade (values, extensive and intensive margin, and diversification) during the pandemic at global and regional levels. It also considers parallels in...
Persistent link: https://www.econbiz.de/10013328281
One of the major targets of modern agri-food policy in Russia is a significant increase of agri-food exports - almost … twice as much by 2024. In this projection, China is viewed as the most promising market. However, Russia's entrance to the … Chinese market faces a number of constraints. In addition to the standard difficulties associated with Russia's agricultural …
Persistent link: https://www.econbiz.de/10012265586
The welfare effects of Brexit on the UK, the EU27 and the rest of the world are analysed in a model of international trade under oligopoly. A hard Brexit where the UK trades according to WTO rules is shown to decrease total UK welfare, to have an ambiguous effect on total EU27 welfare, and to...
Persistent link: https://www.econbiz.de/10011867762
Core-periphery trading networks arise endogenously in over-the-counter markets as an equilibrium balance between trade competition and inventory efficiency. A small number of firms emerge as core dealers to intermediate trades among a large number of peripheral firms. The equilibrium number of...
Persistent link: https://www.econbiz.de/10012996896
between Russia and Ukraine in 2006 and 2009. This paper assesses the potential impact of Russian unreliability on the European … described by differentiated competition between Russia and a ndash; more reliable ndash; competitive fringe of other exporters … not only Europe but also Russia suffers if Russia's unreliability increases. For Europe, buying gas from more reliable …
Persistent link: https://www.econbiz.de/10012720307
Persistent link: https://www.econbiz.de/10011750890