A THRESHOLD-VAR APPROACH TO ASSESS THE EFFICACY OF THE EU IMPORT REGIME

Fabio Santeramo, Antonio Cioffi and Cosimo Damiano Vitale

International Journal of Food and Agricultural Economics (IJFAEC), 2014, vol. 02, issue 01, 12

Abstract: The efficacy of the entry price policy in the European fresh fruits and vegetables sector is not well understood. We investigate econometrically the efficacy of the import policy. The analysis estimates a threshold vector autoregressive model using data on imports the main competing country on the European Union domestic markets. Our results allow concluding on the insulating effects induced by the entry price system. We argue that the quota restrictions are likely to provide larger contribution to the domestic market stabilization. Policy implications are provided.

Keywords: Agricultural and Food Policy; International Relations/Trade (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ijfaec:163704

DOI: 10.22004/ag.econ.163704

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