Roles of Economic Integration and Climate Distance in Agri-Food Trade: Evidence from the Asia-Pacific Region

Qingtun Kong, Masaaki Yamada, Jiajun Wang, Muzi Li () and Haisong Nie ()
Additional contact information
Qingtun Kong: United Graduate School of Agricultural Science, Tokyo University of Agriculture and Technology, Tokyo 1838509, Japan
Masaaki Yamada: Institute of Agriculture, Tokyo University of Agriculture and Technology, Tokyo 1838509, Japan
Jiajun Wang: Law School, Shanghai University of International Business and Economics, Shanghai 201620, China
Muzi Li: United Graduate School of Agricultural Science, Tokyo University of Agriculture and Technology, Tokyo 1838509, Japan
Haisong Nie: Institute of Agriculture, Tokyo University of Agriculture and Technology, Tokyo 1838509, Japan

Agriculture, 2024, vol. 15, issue 1, 1-26

Abstract: The Asia-Pacific region has gradually become a driver of global economic growth, with economic integration agreements (EIAs) and climate distance playing increasingly important roles in the agri-food trade in the 21st century. The recent signing and implementation of the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have garnered global attention. This study examines the roles of different types of regional trade agreements and climate distance in the agri-food trade in the Asia-Pacific region and constructs a trade system involving 19 member countries of the RCEP and the CPTPP by analyzing panel data from 2003 to 2022. The Poisson pseudo-maximum likelihood estimator is employed to estimate an augmented gravity model that considers domestic trade flows, endogeneity issues, reverse causality, globalization effects, long-term effects, and overlapping membership. The empirical findings demonstrate that partial scope agreements and EIAs significantly promote bilateral agri-food trade, whereas temperature distance acts as a barrier and precipitation distance has a negligible effect. Overlapping members of the RCEP and CPTPP exhibit cumulative positive effects three years after the implementation of EIAs, resulting in an approximately 52.1% increase in the bilateral agri-food trade after ten years. Additionally, overlapping membership mitigates the long-term negative impact of temperature distance. This study reveals that the seven overlapping members of the RCEP and CPTPP in the Asia-Pacific region achieve greater benefits more quickly through EIAs, suggesting that overlapping membership can be an effective adaptive strategy for dealing with climate change.

Keywords: economic integration; climate change; gravity model; RCEP; CPTPP; overlapping membership (search for similar items in EconPapers)
JEL-codes: Q1 Q10 Q11 Q12 Q13 Q14 Q15 Q16 Q17 Q18 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2077-0472/15/1/12/pdf (application/pdf)
https://www.mdpi.com/2077-0472/15/1/12/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jagris:v:15:y:2024:i:1:p:12-:d:1551763

Access Statistics for this article

Agriculture is currently edited by Ms. Leda Xuan

More articles in Agriculture from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().