Policy Impacts from U.S. Organic Equivalency with the European Union
Iryna Demko and
Edward Jaenicke
No 235887, 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts from Agricultural and Applied Economics Association
Abstract:
This study uses the synthetic control method to investigate the impact of the 2012 bilateral organic equivalency arrangement between the European Union and the United States, the two largest organic markets in the world. Employing the newly available USDA Global Agricultural Trade System (GATS) data on organic trade, we collectively analyze 23 products of U.S. organic exports, representing fresh produce, coffee, and tomato sauce, at the quarterly level during the 2011-2014 period. We find that the policy generates an increase of $149,100, or 9.3%, in the organic exports of these products to the European Union each quarter.
Keywords: Agricultural and Food Policy; International Relations/Trade (search for similar items in EconPapers)
Date: 2016-05-25
New Economics Papers: this item is included in nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea16:235887
DOI: 10.22004/ag.econ.235887
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