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European Common Agricultural Policy Impacts On Developing Countries Commodities Prices

Listed author(s):
  • Francesco CARACCIOLO
  • Elisabetta GOTOR
  • Fabio Gaetano SANTERAMO

This study assesses the effects of CAP changes on the agricultural commodities' price transmission mechanism between selected developing countries and world markets. The analysis refers to four different countries: Bangladesh, Ethiopia, Ghana and Tanzania and three important staple food: maize, rice and wheat. Time series econometric models analyze price dynamics within different levels of EU subsidies. During the evaluation period (2000-2010) no empirical relationship has been detected among the EU subsidies for rice and world price of rice. On the contrary at least for maize sector and for Ethiopia and Tanzania, EU agricultural policies seemed not neutral.

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Article provided by Euro-American Association of Economic Development in its journal Regional and Sectoral Economic Studies.

Volume (Year): 14 (2014)
Issue (Month): 2 ()
Pages:

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Handle: RePEc:eaa:eerese:v:14:y2014:i:2_2
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  1. Anderson, Kym & Martin, Will & Valenzuela, Ernesto, 2006. "The relative importance of global agricultural subsidies and market access," World Trade Review, Cambridge University Press, vol. 5(03), pages 357-376, November.
  2. Thomas W. Hertel & Roman Keeney & Maros Ivanic & L. Alan Winters, 2007. "Distributional effects of WTO agricultural reforms in rich and poor countries," Economic Policy, CEPR;CES;MSH, vol. 22, pages 289-337, 04.
  3. Antonio Cioffi & Fabio Gaetano Santeramo & Cosimo Damiano Vitale, 2011. "The price stabilization effects of the EU entry price scheme for fruit and vegetables," Agricultural Economics, International Association of Agricultural Economists, vol. 42(3), pages 405-418, 05.
  4. Francesco Caracciolo & Fabio Gaetano Santeramo, 2013. "Price Trends and Income Inequalities: Will Sub-Saharan Africa Reduce the Gap?," African Development Review, African Development Bank, vol. 25(1), pages 42-54, 03.
  5. Cesar Revoredo-Giha & George Philippidis & Luiza Toma & Alan Renwick, 2013. "The Impact of EU Export Refunds on the African Continent: An Impact Assessment," Journal of Development Studies, Taylor & Francis Journals, vol. 49(12), pages 1651-1675, December.
  6. L. Alan Winters, 2005. "The European agricultural trade policies and poverty," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 32(3), pages 319-346, September.
  7. Francesco Caracciolo & Luigi Cembalo & Alessia Lombardi & Gary Thompson, 2014. "Distributional Effects of Maize Price Increases in Malawi," Journal of Development Studies, Taylor & Francis Journals, vol. 50(2), pages 258-275, February.
  8. Huan-Niemi, Ellen & Kerkela, Leena & Lehtonen, Heikki & Niemi, Jyrki S., 2009. "Implications of Trade Liberalization and Domestic Reforms on EU Agricultural Markets," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IFAMA), vol. 12(4).
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