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TTIP and agricultural trade: The case of tariff elimination and pesticide policy cooperation

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  • Bo Xiong
  • John C. Beghin

Abstract

A possible Transatlantic Trade and Investment Partnership agreement will further integrate agricultural markets between the United States and the European Union. The elimination of tariffs and cooperation on sanitary and phytosanitary measures will promote cross‐Atlantic trade. We empirically estimate the impacts of tariffs and maximum residue limits on trade in plant products between the two partners. Furthermore, we simulate trade expansions under plausible negotiation outcomes. We find that a TTIP agreement promotes cross‐Atlantic trade in plant products, in both directions, by nearly 60% if tariffs are removed and MRLs are mutually recognized or harmonized to the Codex levels. [EconLit citations: Q17, F15]

Suggested Citation

  • Bo Xiong & John C. Beghin, 2018. "TTIP and agricultural trade: The case of tariff elimination and pesticide policy cooperation," Agribusiness, John Wiley & Sons, Ltd., vol. 34(3), pages 495-508, June.
  • Handle: RePEc:wly:agribz:v:34:y:2018:i:3:p:495-508
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    File URL: https://doi.org/10.1002/agr.21555
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    Cited by:

    1. John C. Beghin & Jean-Christophe Bureau & Alexandre Gohin, 2017. "The Impact of an EU–US Transatlantic Trade and Investment Partnership Agreement on Biofuel and Feedstock Markets," Journal of Agricultural Economics, Wiley Blackwell, vol. 68(2), pages 321-344, June.

    More about this item

    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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