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The Import Effects of the Entry Price System

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  • Santeramo, Fabio Gaetano
  • Martinez-Gomez, Victor
  • Márquez-Ramos, Laura
  • Lamonaca, Emilia

Abstract

The complexity of the trade policy environment in the European fruit and vegetables (F&Vs) market is mostly due to the Entry Price System (EPS), a non-tariff measure that regulates imports. We investigate the trade effects of the EPS by estimating a structural gravity model of trade flows from major European suppliers of apples, lemons, oranges, peaches, pears, table grapes and tomatoes. We assess how imports react to EPS overshoots and to volatility in Standard Import Values (SIVs). The EPS limits imports of low-priced F&Vs, but marked differences exist across products. In particular, while the efficacy of the EPS is valid for all products, its effectiveness is greater for less perishable F&Vs
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  • Santeramo, Fabio Gaetano & Martinez-Gomez, Victor & Márquez-Ramos, Laura & Lamonaca, Emilia, . "The Import Effects of the Entry Price System," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 49(1).
  • Handle: RePEc:ags:jlaare:337555
    DOI: 10.22004/ag.econ.337555
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    Cited by:

    1. Santeramo, Fabio Gaetano & Lamonaca, Emilia, 2023. "Exports of Fruits and Vegetables to the EU: policy recommendations," MPRA Paper 118000, University Library of Munich, Germany.

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    More about this item

    Keywords

    Agribusiness ; International Development; International Relations/Trade;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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