EconPapers    
Economics at your fingertips  
 

Changing Patterns of Trade in Processed Agricultural Products

Peter S. Liapis
Additional contact information
Peter S. Liapis: OECD

No 47, OECD Food, Agriculture and Fisheries Papers from OECD Publishing

Abstract: Trade in processed products, such as chocolates, steaks or wines, is dominated by high income OECD countries, although it is slowing down between these countries while growing very fast between emerging economies. Low income countries, however, account for a small share of such trade. Countries with a revealed comparative advantage in the processed agricultural markets are mostly high income countries and capture the majority of the trade, while many low income countries have a comparative advantage for other agricultural products. This study describes the patterns of trade, examines which countries have a comparative advantage and how this may have changed over time, analyses the level of productivity of countries’ export basket and its contribution to income, and determines whether trade has increased at the extensive or intensive margins. This study uses the gravity framework to gain a better understanding of the underlying factors for the international trade of products.

Keywords: agricultural trade; comparative advantage; EXPY; extensive margin; gravity framework; processed agricultural products; PRODY; tariffs; trade facilitation (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-int
Date: 2011-06-24
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1787/5kgc3mq19s6d-en (text/html)

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:oec:agraaa:47-en

Access Statistics for this paper

More papers in OECD Food, Agriculture and Fisheries Papers from OECD Publishing Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2019-06-05
Handle: RePEc:oec:agraaa:47-en