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Market access asymmetry in food trade
| Content Provider | Semantic Scholar |
|---|---|
| Author | Olper, Alessandro Raimondi, Valentina |
| Copyright Year | 2007 |
| Abstract | Using a bilateral trade equation derived from a monopolistic competition model, we investigated market access reciprocity in food trade among the US, Canada, the EU and Japan. We explore country and industry–specific market access asymmetry through the border effect approach, re-challenging the underlying main explanations. Our findings reveal marked asymmetry in reciprocal trade openness; indeed, access to the food markets of the US and Japan appears significantly easier than reciprocal access to both Canada and, especially, the EU. Policy trade barriers, firstly in the forms of NTBs, the degree of product differentiation and ‘home bias’ in preferences, are all important factors in explaining border effects. Moreover, several stylized facts suggest that border effect interpretation should also be based on political economy arguments. JEL Classification: F13, F14, Q17 |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.econstor.eu/bitstream/10419/75040/1/dp187.pdf |
| Language | English |
| Access Restriction | Open |
| Subject Keyword | Aggregate data Bilateral filter Disk sector Elasticity (data store) Entity–relationship model European Union Face Food processing industry Friction Gravity model of trade Openness Policy explanation |
| Content Type | Text |
| Resource Type | Article |
