The Impact of Economic Partnership Agreements on ACP Agriculture Imports and Welfare
AbstractThis paper estimates the impact on a sample of 36 ACP countries of eliminating tariffs on agricultural imports from the EU under EPAs, considering trade, welfare and revenue effects. Even assuming ‘immediate’ complete elimination of all tariffs on agriculture imports from the EU, and when excluding up to 20% of imports as sensitive products, over half of ACP countries are likely to experience welfare gains. However, although most LDCs gain (10 out of 13), most non-LDCs (about 60%) lose. The overall welfare effect relative to GDP tends to be very small, whether positive or negative. While potential tariff revenue losses are non-negligible, given that countries have at least ten years in which to implement the tariff reductions, there is scope for tax substitution. An important issue is identifying the sensitive products (SPs) to be excluded. In general, excluding SPs reduced the welfare gain (or increased the welfare loss) compared to estimates where no products are excluded.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Nottingham, CREDIT in its series Discussion Papers with number 07/09.
Date of creation:
Date of revision:
Contact details of provider:
Postal: School of Economics University of Nottingham University Park Nottingham NG7 2RD
Phone: (44) 0115 951 5620
Fax: (0115) 951 4159
Web page: http://www.nottingham.ac.uk/economics/
More information through EDIRC
EU-ACP; Economic Partnership Agreements; ACP Agriculture Imports;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Frazer, Garth & Van Biesebroeck, Jo, 2007.
"Trade growth under the African growth and opportunity act,"
Open Access publications from Katholieke Universiteit Leuven
urn:hdl:123456789/253806, Katholieke Universiteit Leuven.
- Garth Frazer & Johannes Van Biesebroeck, 2010. "Trade Growth under the African Growth and Opportunity Act," The Review of Economics and Statistics, MIT Press, vol. 92(1), pages 128-144, February.
- Garth Frazer & Johannes Van Biesebroeck, 2007. "Trade Growth under the African Growth and Opportunity Act," Working Papers tecipa-289, University of Toronto, Department of Economics.
- Garth Frazer & Johannes Van Biesebroeck, 2007. "Trade Growth under the African Growth and Opportunity Act," NBER Working Papers 13222, National Bureau of Economic Research, Inc.
- Frazer, Garth & Van Biesebroeck, Jo, 2007. "Trade growth under the African growth and opportunity act," Open Access publications from Katholieke Universiteit Leuven urn:hdl:123456789/253794, Katholieke Universiteit Leuven.
- Schiff, Maurice & Winters, L. Alan, 1997.
"Regional integration as diplomacy,"
Policy Research Working Paper Series
1801, The World Bank.
- Matthias Busse & Harald Grossmann, 2007. "The trade and fiscal impact of EU/ACP economic partnership agreements on West African countries," The Journal of Development Studies, Taylor and Francis Journals, vol. 43(5), pages 787-811.
- Rolf J. Langhammer, 1992. "The Developing Countries and Regionalism," Journal of Common Market Studies, Wiley Blackwell, vol. 30(2), pages 211-232, 06.
- Maurice Schiff & L. Alan Winters, 2003. "Regional Integration and Development," World Bank Publications, The World Bank, number 15172.
- Oliver Morrissey, 2005. "Imports and Implementation: Neglected Aspects of Trade in the Report of the Commission for Africa," The Journal of Development Studies, Taylor and Francis Journals, vol. 41(6), pages 1133-1153.
- Sadni Jallab, Mustapha & Karingi, Stephen & Oulmane, Nassim & Perez, Romain & Lang, Rémi & Ben Hammouda, Hakim, 2005. "Economic and Welfare Impacts of the EU-Africa Economic Partnership Agreements," MPRA Paper 12875, University Library of Munich, Germany.
- Balassa, Bela, 1974. "Trade Creation and Trade Diversion in the European Common Market: An Appraisal of the Evidence," The Manchester School of Economic & Social Studies, University of Manchester, vol. 42(2), pages 93-135, June.
- Chris Milner & Oliver Morrissey & Andrew McKay, 2005. "Some Simple Analytics of the Trade and Welfare Effects of Economic Partnership Agreements," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 14(3), pages 327-358, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Hilary Hughes).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.