The long-run decline in the share of agricultural and food products in international trade, 1951-2000: a gravity equation approach of its causes

Vicente Pinilla and Raul Serrano

Documentos de Trabajo de la Sociedad de Estudios de Historia Agraria from Sociedad de Estudios de Historia Agraria

Abstract: The objective of this study is to determine the causes of the loss of share of agricultural products and food in international trade. The article compares, using a gravity model, the impact of various factors upon bilateral trade in agricultural products, in manufactures and in total trade, between 1963 and 2000 for a representative sample of 40 countries. The results clearly demonstrate how the low demand elasticity for agricultural products and food, the high degree of protectionism to which they were subjected and their meagre share in intra-industrial trade are the principal causes of their relatively slow growth.

Keywords: Home market effect; Agri-food trade; GATT; Regional trade agreements; International Trade; Gravity model; Homogenous products (search for similar items in EconPapers)
JEL-codes: F10 F14 N50 N70 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2010-05
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 (11)

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