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Informal barriers and agricultural trade: does monetary integration matter?

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  • Marilyne Huchet‐Bourdon
  • Angela Cheptea

Abstract

EU enlargement and the recent sovereign‐debt crisis of Euro zone countries have revived the debate around the (European Monetary Union) EMU. In this article we ask how informal barriers to agricultural and food trade have changed since the introduction of the common European currency, and whether this evolution can be attributed to monetary integration. We focus on the foreign trade of the 11 EMU founder countries over a nine‐year period covering the creation of the EMU and find a diminishing marginal trade impact of both information and institutional barriers. We find a lower level of trade barriers, but cannot attribute this outcome to the introduction to the Euro.

Suggested Citation

  • Marilyne Huchet‐Bourdon & Angela Cheptea, 2011. "Informal barriers and agricultural trade: does monetary integration matter?," Agricultural Economics, International Association of Agricultural Economists, vol. 42(4), pages 519-530, July.
    • Handle: RePEc:bla:agecon:v:42:y:2011:i:4:p:519-530
    DOI: 10.1111/j.1574-0862.2010.00531.x
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    Cited by:

    1. Fiankor, Dela-Dem Doe & Martinez-Zarzoso, Inmaculada & Brümmer, Bernhard, 2018. "Exports and governance: the role of private voluntary standards," GlobalFood Discussion Papers 275059, Georg-August-Universitaet Goettingen, GlobalFood, Department of Agricultural Economics and Rural Development.
    2. Holst, Carsten & Cramon-Taubdel, Stephan von, 2014. "Trade, Market Integration and Spatial Price Transmission on EU Pork Markets following Eastern Enlargement," 54th Annual Conference, Goettingen, Germany, September 17-19, 2014 187598, German Association of Agricultural Economists (GEWISOLA).
    3. Imre Fertő & Zoltán Bakucs & Jan Fałkowski, 2021. "Dairy sector trade dynamics: Some insights on the evolution of trade linkages within the EU," Journal of Agricultural Economics, Wiley Blackwell, vol. 72(3), pages 698-711, September.
    4. Holst, Carsten & Cramon-Taubdel, Stephan von, 2014. "Trade, Market Integration and Spatial Price Transmission on EU Pork Markets following Eastern Enlargement," Department of Agricultural and Rural Development (DARE) Discussion Papers 187598, Georg-August-Universitaet Goettingen, Department of Agricultural Economics and Rural Development (DARE).
    5. Murat Genç & David Law, 2014. "A Gravity Model of Barriers to Trade in New Zealand," Treasury Working Paper Series 14/05, New Zealand Treasury.
    6. Holst, Carsten & von Cramon-Taubadel, Stephan, 2013. "Trade, market integration and spatial price transmission on EU pork markets following Eastern enlargement," DARE Discussion Papers 1307, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
    7. Fiankor, D.-D. & Martinez-Zarzoso, I. & Brummer, B., 2018. "Exports and Governance: the Role of Private Voluntary Certification," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277113, International Association of Agricultural Economists.
    8. Marcin Pigłowski, 2021. "The Intra-European Union Food Trade with the Relation to the Notifications in the Rapid Alert System for Food and Feed," IJERPH, MDPI, vol. 18(4), pages 1-19, February.

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