The price stabilization effects of the EU entry price scheme for fruits and vegetables
Fabio Santeramo and
Cosimo Damiano Vitale
MPRA Paper from University Library of Munich, Germany
The paper assesses the stabilization effects of the EU import regime for fresh fruit and vegetables based on the entry price system. The analysis is carried out on the EU prices of tomatoes and lemons and those of imports from some of the main competing countries on the EU domestic markets: Morocco, Argentina and Turkey. It is based on the estimation of a threshold vector autoregressive econometric model that is shown capable of taking the workings of the import regime into account. The model shows that prices behave differently when import prices are above/below the trigger entry price. This paper allowed to highlight the cases for which the isolation effect of EPS seems reached and the resulting stabilization effects.
Keywords: Fruit and vegetables; Entry price system; stabilisation effects; TVAR (search for similar items in EconPapers)
JEL-codes: F13 Q17 Q18 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr, nep-eur and nep-mic
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Journal Article: The price stabilization effects of the EU entry price scheme for fruit and vegetables (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:24828
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