The import effects of the Entry Price System

Fabio Santeramo, Victor Martinez-Gomez, Laura Márquez-Ramos and Emilia Lamonaca

MPRA Paper from University Library of Munich, Germany

Abstract: The complexity of the trade policy environment in the European fruit and vegetables (F&Vs) market is mostly due to the Entry Price System (EPS), a non-tariff measure that regulates imports. We investigate the trade effects of the EPS by estimating a structural gravity model of trade flows from major European suppliers of apples, lemons, oranges, peaches, pears, table grapes and tomatoes. We assess how imports react to EPS overshoots, difference between import price and entry price threshold, and to level and volatility in Standard Import Values (SIVs). The EPS limits imports of F&Vs, but differences exist across products. In particular, while the efficacy of the EPS is valid for all products, its effectiveness is greater for less perishable F&Vs.

Keywords: Non-tariff measure; Price dynamics; Trade dynamics; EU agriculture; Fruit and vegetables (search for similar items in EconPapers)
JEL-codes: F13 F14 Q17 Q18 (search for similar items in EconPapers)
Date: 2023-05-01
New Economics Papers: this item is included in nep-agr and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Working Paper: The import effects of the Entry Price System (2019)
Journal Article: The Import Effects of the Entry Price System
Working Paper: The import effects of the Entry Price System
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:117738

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