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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...
Persistent link: https://www.econbiz.de/10004979703
This study develops an import demand model to explore the role of income in explaining the trade performance of low, middle and high-income countries with a special emphasis on Brazil, Russia, India and China – the BRIC economies. The study estimates the impact of the growth in per capita...
Persistent link: https://www.econbiz.de/10004989015
Licensed warehousing system plays a very important role in all transfers of food products from the place of origin to ultimate users in developed countries. Public warehouses, operated as an independent business offering a range of services, such as storage, handling and transportation. Licensed...
Persistent link: https://www.econbiz.de/10005060447
The successful literature about gravitational models stresses that bilateral trade flows among countries is influenced by GDP factors and transaction costs. In other words the mass of bilateral trade would be related to the typical demand-supply factors which explain the quantity of traded goods...
Persistent link: https://www.econbiz.de/10005060460
Starting from a theoretically consistent gravity model, this paper first provides estimates of bilateral 'border effects' in food trade among Quad countries (Canada, USA, Japan and EU) at the ISIC 4-digit level. Then, it investigates the underlying reasons of border effect, assessing the role...
Persistent link: https://www.econbiz.de/10005060550
This paper uses a gravity-like structure derived from a monopolistic competition model to measure market access among Canada, USA, Japan and EU Quad countries over the 1996-2001 period. We explore the overall asymmetry and 18 food industrial-level asymmetries of bilateral trade openness. Using...
Persistent link: https://www.econbiz.de/10005039024
Fresh food products have a high income elasticity of demand and few traditional trade barriers in high income markets. As such, they represent an important opportunity for less developed country (LDC) exporters. Fresh food product exports account for half of all food and agricultural exports...
Persistent link: https://www.econbiz.de/10011069442
A multinacionális élelmiszer-kereskedelmi láncok a fejlett országok mellett ma már a fejlődő országok piacain is fokozottan jelen vannak, és egyre nagyobb szerepet játszanak a piaci kapcsolatokban. Megjelenésük, piaci súlyuk kiváltja az élelmiszergazdasági termékpályák...
Persistent link: https://www.econbiz.de/10011163218
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...
Persistent link: https://www.econbiz.de/10005468835
Organization (WTO). With the aim of stimulating discussion, this paper asks the question of how trade, and WTO rules, can … contribute to the post-2015 development agenda? In reply, the author offers some thoughts on 10 contributions that trade, and WTO …
Persistent link: https://www.econbiz.de/10010362167