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The EU demand for imports of virgin olive oil

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  • Ben Kaabia, Monia
  • Gil, Jose Maria

Abstract

This paper has analysed the import demand for virgin olive oil in the EU and more precisely in the Italian market, as it concentrates more than 80% of EU imports, aiming to determine the relative position of Mediterranean EU and non-EU countries exports and their degree of substitutability or complementarity. The methodology used is based on the specification of a Threshold Almost Ideal Demand System in which special attention has been paid to the stochastic properties of the series involved. In an empirical context, the paper has aimed to provide a set of import demand elasticities that can be useful in trade models. Results point to Spain as the leader in the Italian virgin olive oil market. It is expected that this position will be maintained in the future. Greece has improved its relative position after its accession into the EU. However, imports coming from Greece are highly dependent on the situation in Spain. Tunisia has good potential for future exports development as a consequence of new perspectives of trade liberalisation taking into account its relative position in the Italian market, in spite that its exports are currently constrained due to existing quotas.

Suggested Citation

  • Ben Kaabia, Monia & Gil, Jose Maria, 2007. "The EU demand for imports of virgin olive oil," 103rd Seminar, April 23-25, 2007, Barcelona, Spain 9390, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaa103:9390
    DOI: 10.22004/ag.econ.9390
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    File URL: https://ageconsearch.umn.edu/record/9390/files/sp07ka07.pdf
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    References listed on IDEAS

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    1. Hansen, Bruce E. & Seo, Byeongseon, 2002. "Testing for two-regime threshold cointegration in vector error-correction models," Journal of Econometrics, Elsevier, vol. 110(2), pages 293-318, October.
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    4. R. Carew & W. J. Florkowski & S. He, 2004. "Demand for Domestic and Imported Table Wine in British Columbia: A Source-differentiated Almost Ideal Demand System Approach," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 52(2), pages 183-199, July.
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    Cited by:

    1. Rodrigo García Arancibia & Edith Depetris Guiguet, 2020. "Brazilian Import Demand of Dairy Products with Emphasis in the Mercosul Context [Demanda brasileira de importações de laticínios com ênfase no contexo do Mercosul]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 30(2), pages 551-577, May-Augus.
    2. Rodrigo Garc?a Arancibia, 2019. "Import Demand for Dairy Products in Chile and Competition among Exporting Countries: The Case of Milk Powder and Cheese," Economia agro-alimentare, FrancoAngeli Editore, vol. 21(1), pages 101-128.

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