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

Author

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  • Xiong, Bo
  • Beghin, John C.

Abstract

A possible Trans-Atlantic Trade and Investment Partnership (TTIP) 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 (MRLs) 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 over 60% if tariffs are removed and MRLs are mutually recognized or harmonized to Codex levels.

Suggested Citation

  • Xiong, Bo & Beghin, John C., "undated". "TTIP and agricultural trade: The case of tariff elimination and pesticide policy cooperation," 2017 Conference (61st), February 7-10, 2017, Brisbane, Australia 258682, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare17:258682
    DOI: 10.22004/ag.econ.258682
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    Cited by:

    1. David Karemera & Bo Xiong & Louis Whitesides, 2020. "A State‐Level Analysis of the Impact of a U.S.‐EU Harmonization of Food Safety Standards on U.S. Exports of Fruits and Vegetables," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 42(4), pages 856-869, December.
    2. 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.

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    Keywords

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    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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