Do Trade Agreements Increase Food Trade?
Irfan Mujahid and
No 170159, 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota from Agricultural and Applied Economics Association
In addition to multilateral trade agreements under the World Trade Organization (WTO), the world has seen a remarkable proliferation of regional trade agreements (RTAs) in the last two decades. This study investigates the impacts of these multilateral and regional trade institutions on food trade. The Gravity model of international trade is used for the empirical analysis. The model is developed in a large panel data setting and attempted to address some potential problems in the estimation including multilateral trade resistances, zero trade values and endogeneity. The results suggest that both the WTO and RTAs have delivered significant positive effects on trade, but only RTAs are found to have succeeded in increasing food trade among the members. However, although on average the WTO has negative implications on food trade, it has facilitated the developing countries more than the developed countries.
Keywords: Agricultural and Food Policy; Food Security and Poverty; International Development; International Relations/Trade (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-int
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
https://ageconsearch.umn.edu/record/170159/files/M ... 2014_%20-%20AAEA.pdf (application/pdf)
Journal Article: Do Trade Agreements Increase Food Trade? (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea14:170159
Access Statistics for this paper
More papers in 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().