Assessing the Impact of Recent Trade Policy Changes in the Banana Market under Alternative Market Structures
AbstractThe paper focuses on the importance of the assumptions made about market structure and firm behaviors in empirical trade policy analysis. It does it with reference to the most recent changes in the EU import regime for bananas, namely the Economic Partnership Agreements and the December 2009 WTO agreement on bananas. The paper’s contribution to the literature on the issues addressed is threefold: it develops two original models which incorporate imperfectly competitive market structures in a spatial modeling framework; it provides an assessment of the degree of market power in international banana trade and, finally, it assesses how the analysis of the implications of the most recent changes in the EU import regimes for bananas is affected by the assumptions made regarding the prevailing market structure.
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Bibliographic InfoPaper provided by European Association of Agricultural Economists in its series 122nd Seminar, February 17-18, 2011, Ancona, Italy with number 98985.
Date of creation: 10 Feb 2011
Date of revision:
Bananas; Economic Partnership Agreements; WTO; Agricultural and Food Policy; International Relations/Trade; Q17; Q18; F13;
Find related papers by JEL classification:
- 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
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
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- van Tongeren, Frank & van Meijl, Hans & Surry, Yves, 2001. "Global models applied to agricultural and trade policies: a review and assessment," Agricultural Economics, Blackwell, vol. 26(2), pages 149-172, November.
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