The aim of this research is to discuss a different way to represent the influence of Association Agreements on the agricultural trade between Southern Mediterranean Countries and the European Union in the period 1995-2004. A yearly analysis makes it possible to study trade changes after the...

The objective of this study has been to analyze the sensitivity of trade flow to trade barriers from gravity equations, using different econometric techniques recently highlighted in the literature. Specifically, we compare a benchmark OLS fixed effects specification a la Feenstra (2002), with...

This paper examines whether exchange rate misalignment negatively affects agricultural trade, compared to other industry sectors. Nominal exchange rate misalignment is obtained from the percentage deviation of real exchange rates from their long-run equilibrium based on the theory of purchasing...

Policy makers have to choose between different potentially risk-reducing instruments regulating agri-food trade. Analysing the meat sector, the paper aims at identifying least trade distorting regulations for different policy goals relevant to the SPS agreement. For this purpose, a non-linear...

When analyzing bilateral trade flow data, zero trade flows are quite common and problematic when a gravity equation is estimated with a log-linear functional form. This has caused many researchers to either ignore the zero trade flows or to replace zero with a small positive number. Both of...

This study analyzes the sensitivity of trade flows to trade barriers from gravity equations, using different econometric techniques recently highlighted in the literature. Specifically, we compare a benchmark OLS fixed effects specification a la Feenstra (2002) with three emerging estimation...

Italian wine firms are facing a significant reduction in wine consumption and increasing competition in international markets. In fact, markets are becoming increasingly liberalized and producers of non-EU countries adopt even more aggressive strategies to increase their competitiveness....

In this article, we focus on the effects of preferential trade arrangements on agricultural trade and agricultural income. Given the large number of preferential trade arrangements and complex interactions among them, we attempt to discover whether preferential trade arrangements are beneficial...

A modified gravity-type model was employed to evaluate the effect of exchange rate volatility on wheat exports worldwide. Special attention was given to the econometric properties of the gravity model within a panel framework. Short and long-term measures of exchange rate volatility were...

This paper contributes to the recent empirical debate about the effectiveness of the GATT and the WTO in promoting trade. We use gravity models to explore the impact of the GATT/WTO on bilateral trade in a sample of 46 countries over the period 1965-1997. Our data enable us to disaggregate trade...