IDEAS home Printed from https://ideas.repec.org/a/bla/agecon/v44y2013i1p93-109.html

Is the growth of regionalism as significant as the headlines suggest? Lessons from agricultural trade

Author

Listed:
  • Jason H. Grant

Abstract

The proliferation of regional trade agreements (RTAs) has motivated a significant number of ex post econometric studies investigating their agricultural trade impacts. The general conclusion is that RTAs increase members’ trade by as much as 150 percent, on average. In this article, we demonstrate that previous empirical work likely misrepresents the impact of RTAs because of considerable heterogeneity in the depth of economic integration pursued by these agreements. Contrary to previous studies, the results reveal that RTAs are not universally trade creating, and some agreements appear to provide very little benefit. “Deep integration agreements”, on the other hand, are largely responsible for the impressive agricultural trade flow increases reported in the literature. Testing the hierarchy of RTAs largely confirms the theory: the benefits of regionalism are an increasing function of the depth of economic integration.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Jason H. Grant, 2013. "Is the growth of regionalism as significant as the headlines suggest? Lessons from agricultural trade," Agricultural Economics, International Association of Agricultural Economists, vol. 44(1), pages 93-109, January.
    • Handle: RePEc:bla:agecon:v:44:y:2013:i:1:p:93-109
    DOI: j.1574-0862.2012.00635.x
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/j.1574-0862.2012.00635.x
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/j.1574-0862.2012.00635.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or

    for a different version of it.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chen, Rui & Adu, Derick T. & Li, Wenying & Wilson, Norbert L.W., 2024. "Virtual water trade: Does bilateral tariff matter?," Ecological Economics, Elsevier, vol. 222(C).
    2. Fabio Gaetano Santeramo & Emilia Lamonaca, 2022. "Standards and regulatory cooperation in regional trade agreements: What the effects on trade?," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(4), pages 1682-1701, December.
    3. Kim, Dongin & Steinbach, Sandro, 2022. "Preferential Trading in Agricultural and Food Products: New Insights from a Structural Gravity Analysis and Machine Learning," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322200, Agricultural and Applied Economics Association.
    4. Jean‐Christophe Bureau & Houssein Guimbard & Sébastien Jean, 2019. "Agricultural Trade Liberalisation in the 21st Century: Has It Done the Business?," Journal of Agricultural Economics, Wiley Blackwell, vol. 70(1), pages 3-25, February.
    5. Harada, Kimie & Nishitateno, Shuhei, 2021. "Measuring trade creation effects of free trade agreements: Evidence from wine trade in East Asia," Journal of Asian Economics, Elsevier, vol. 74(C).
    6. Santeramo, Fabio, "undated". "Trade Effects of SPS Measures in Regional Trade Agreements," Commissioned Papers 304053, International Agricultural Trade Research Consortium.
    7. Hejazi, Mina & Grant, Jason H. & Peterson, Everett, 2016. "Hidden Trade Costs? Maximum Residue Limits and US Exports to Trans-Atlantic and Trans-Pacific Trading Partners," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235847, Agricultural and Applied Economics Association.
    8. Jin, Y. & Jin, S., 2018. "The Heterogeneous Impact of Exchange Rate Volatility on Agricultural Export: Evidence from Chinese Food Firm-level Data," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277197, International Association of Agricultural Economists.
    9. Khanal, Ajit & Grant, Jason H. & Legrand, Nicolas, 2025. "Evaluating North American Trade Pre- and Post- USMCA Using Structural Gravity Model," 2025 AAEA & WAEA Joint Annual Meeting, July 27-29, 2025, Denver, CO 361045, Agricultural and Applied Economics Association.
    10. Grant, Jason H. & Boys, Kathryn A. & Giddens, Janice C. & Loux, William, 2025. "Enhancing nutrition availability through international trade: U.S. and global dairy exports to emerging markets," Food Policy, Elsevier, vol. 132(C).
    11. Fabio Gaetano Santeramo & Valentina Guerrieri & Emilia Lamonaca, 2018. "On the Evolution of Trade and Sanitary and Phytosanitary Standards: The Role of Trade Agreements," Agriculture, MDPI, vol. 9(1), pages 1-15, December.
    12. Whalley, John, 2013. "Regional Agreements: A Stocktaking Based on WTO Notifications," Commissioned Papers 156228, Canadian Agricultural Trade Policy Research Network.
    13. Mario Larch & Jeff Luckstead & Yoto V. Yotov, 2024. "Economic sanctions and agricultural trade," American Journal of Agricultural Economics, John Wiley & Sons, vol. 106(4), pages 1477-1517, August.
    14. Grant, Jason H. & Boys, Kathryn A., 2015. "The GATT/WTO Trade Effect 20 Years Later: A Critical Review and New Insights," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205896, Agricultural and Applied Economics Association.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:agecon:v:44:y:2013:i:1:p:93-109. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.