Processed Food Trade of Greece with EU and Non-EU Countries: An Empirical Analysis

Pascal Ghazalian

International Journal of Food and Beverage Manufacturing and Business Models (IJFBMBM), 2016, vol. 1, issue 2, 15-30

Abstract: This paper examines the implications of the European Union (EU) regional trade preferences for processed food trade between Greece and its EU partners, and between Greece and non-EU countries. The empirical analysis relies on the gravity model, and uses different estimation techniques. The results show that the EU regional trade preferences led to substantial increases in processed food trade between Greece and its EU partners, emphasizing trade creation effects. The magnitudes of these increases are higher than the intra-EU average, and are more pronounced for Greece's imports than for Greece's exports. The results also indicate that the EU regional trade preferences brought about decreases in processed food trade between Greece and non-EU countries, implying trade diversion effects. The Greek food processing industry could benefit from competitiveness-promoting strategies (e.g., upgrading innovation activities, marketing and distribution channels, and production efficiency) to expand exports to the EU market and to counter import competition in the domestic market. JEL Classification: F13, F14, F15.

Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
http://services.igi-global.com/resolvedoi/resolve. ... 8/IJFBMBM.2016070102 (application/pdf)

Related works:
Working Paper: Processed Food Trade of Greece with EU and Non-EU Countries: An Empirical Analysis (2015)
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:igg:jfbmbm:v:1:y:2016:i:2:p:15-30

Access Statistics for this article

International Journal of Food and Beverage Manufacturing and Business Models (IJFBMBM) is currently edited by Constantin Zopounidis

More articles in International Journal of Food and Beverage Manufacturing and Business Models (IJFBMBM) from IGI Global
Bibliographic data for series maintained by Journal Editor ().