The Impact of Structure Similarity of Nontariff Measures on Agricultural Trade

Sung Ju Cho, Saera Oh and Sang Hyeon Lee ()
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Sung Ju Cho: Department of Applied Economics, Jeju National University, Jeju 63243, Korea
Saera Oh: Department of Agricultural, Food and Resource Economics, Michigan State University, East Lansing, MI 48824, USA

Sustainability, 2020, vol. 12, issue 24, 1-13

Abstract: This study quantifies the structure similarity of nontariff measures between countries and estimates its impact on bilateral agricultural trade using a structural gravity model. The findings show that a similar structure of technical barriers to trade (TBT) between countries is likely to expand their bilateral trade. However, a similar structure of sanitary and phytosanitary measures (SPS) is shown to have negative impacts on agricultural trade. We also discuss the effects of regulatory harmonization on sustainable development.

Keywords: structure similar index; nontariff measure; agricultural trade; regulatory harmonization (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:12:y:2020:i:24:p:10545-:d:463320

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