Asymmetric Trade Costs: Agricultural Trade among Developing and Developed Countries

Eum Jihyun (), Sheldon Ian () and Stanley Thompson ()
Additional contact information
Eum Jihyun: Bank of Korea, Seoul, Korea
Sheldon Ian: Department of Agricultural, Environmental, and Development Economics, The Ohio State University, Columbus, OH 43210, USA

Journal of Agricultural & Food Industrial Organization, 2017, vol. 15, issue 2, 18

Abstract: In this article, the reasons why developing countries trade fewer agricultural products than developed countries are analyzed. Based on earlier findings that low trade volume in the agricultural sector is due to high trade costs, the focus is on evaluating the extent to which bilateral trade costs in the agricultural sector differ among trading partners. Using a neo-Ricardian trade model, the results show that systematically, asymmetric bilateral trade costs and variation in the level of agricultural productivity across all countries in the sample, are the main barriers to developing countries’ agricultural exports. In addition, low-income countries face higher trade costs to export than do high-income countries.

Keywords: agricultural trade; productivity; trade costs (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1515/jafio-2017-0035 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
Working Paper: Asymmetric Trade Costs: Agricultural Trade among Developing and Developed Countries (2017)
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:bpj:bjafio:v:15:y:2017:i:2:p:18:n:4

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/jafio/html

DOI: 10.1515/jafio-2017-0035

Access Statistics for this article

Journal of Agricultural & Food Industrial Organization is currently edited by Azzeddine Azzam

More articles in Journal of Agricultural & Food Industrial Organization from De Gruyter
Bibliographic data for series maintained by Peter Golla ().