Modeling trade policies under alternative market structures
The paper focuses on the importance of assumptions made about market structure and firm behavior in empirical trade policy analysis. The contribution to the relevant literature is 3-fold: first the paper develops two original models which incorporate imperfectly competitive market structures in a spatial modeling framework; then it proposes a procedure to identify the degree of market power in international trading which is consistent with observed prices and traded quantities, and applies it to the banana market; finally, it assesses how analysis of the implications of recent changes in the EU import regimes for bananas (the Economic Partnership Agreements and the December 2009 WTO agreement) is affected by the assumptions made on the prevailing market structure.
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"Wholesalers and Retailers in US Trade,"
Working Paper Series
WP10-10, Peterson Institute for International Economics.
- Soregaroli, Claudio & Sckokai, Paolo & Moro, Daniele, 2011. "Agricultural policy modelling under imperfect competition," Journal of Policy Modeling, Elsevier, vol. 33(2), pages 195-212, March.
- Yang, Chin W. & Hwang, Ming J. & Sohng, Soong N., 2002. "The Cournot competition in the spatial equilibrium model," Energy Economics, Elsevier, vol. 24(2), pages 139-154, March.
- Kersten, Lutz, 1995. "Impacts of the EU Banana Market Regulation on International Competition, Trade and Welfare," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 22(3), pages 321-335.
- Anania, Giovanni, 2007. "The 2006 Reform of the EU Domestic Policy Regime for Bananas. An Assessment of its Impact on Trade," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN 9880, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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- Anania, Giovanni, 2010. "EU Economic Partnership Agreements and WTO negotiations. A quantitative assessment of trade preference granting and erosion in the banana market," Food Policy, Elsevier, vol. 35(2), pages 140-153, April.
- Tsunemasa Kawaguchi & Nobuhiro Suzuki & Harry M. Kaiser, 1997. "A Spatial Equilibrium Model for Imperfectly Competitive Milk Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(3), pages 851-859.
- Guyomard, Herve & Laroche, Catherine & Le Mouel, Chantal, 1999. "Impacts of the Common Market Organization for Bananas on European Union Markets, International Trade, and Welfare," Journal of Policy Modeling, Elsevier, vol. 21(5), pages 619-631, September.
- Guyomard, Herve & Laroche, Catherine & Le Mouel, Chantal, 1999.
"An economic assessment of the Common Market Organization for bananas in the European Union,"
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- Guyomard, Herve & Laroche Dupraz, Catherine & Mouel, Chantal Le, 1999. "An economic assessment of the Common Market Organization for bananas in the European Union," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 20(2), pages -, March.
- Satish Y. Deodhar & Ian M. Sheldon, 1995. "Is Foreign Trade (Im)Perfectly Competitive?: An Analysis Of The German Market For Banana Imports," Journal of Agricultural Economics, Wiley Blackwell, vol. 46(3), pages 336-348.
- Hoque, Mohammad Mainul & Schroeter, John R., 2010.
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32163, Iowa State University, Department of Economics.
- Hoque Mohammad Mainul & Schroeter John R, 2010. "Agricultural Trade Liberalization and Downstream Market Power: The Ad Valorem Case," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 8(1), pages 1-31, December.
- Steve McCorriston, 2002. "Why should imperfect competition matter to agricultural economists?," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 29(3), pages 349-371, July.
- Giovanni Anania, 2006. "The 2005 WTO arbitration and the new EU import regime for bananas: a cut too far?," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 33(4), pages 449-484, December.
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- Xavier Vives, 2001. "Oligopoly Pricing: Old Ideas and New Tools," MIT Press Books, The MIT Press, edition 1, volume 1, number 026272040x.
- Steve McCorriston, 2000. "Market Structure Issues and the Evaluation of the Reform of the EU Banana Regime," The World Economy, Wiley Blackwell, vol. 23(7), pages 923-937, 07.
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