Effects of tariff and non‐tariff barriers on India‐US agricultural trade

Yejun Choi, Ram N. Acharya, Stephen Devadoss and Madhav Regmi

Applied Economic Perspectives and Policy, 2025, vol. 47, issue 1, 256-274

Abstract: India has a growing demand for high‐value agricultural products due to rising incomes, urbanization, and consumer preferences. The United States is currently India's fifth‐largest supplier of agricultural products. However, trade barriers restrict bilateral trade between these two nations, and both countries are evaluating the prospects for lowering trade restrictions and enhancing bilateral trade. We employ a gravity model to analyze the effects of trade policies on India‐US bilateral trade and the potential implications for global agricultural trade. The results indicate that elimination of tariffs significantly boosts US exports to India and lowers Indian domestic prices, particularly for tree nuts, fresh fruit, and distilled spirits.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/aepp.13463

Related works:
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:wly:apecpp:v:47:y:2025:i:1:p:256-274

Access Statistics for this article

More articles in Applied Economic Perspectives and Policy from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().