A Comparative Study of EU and US Trade Policies for Developing Countries: The Case of Agri-Food Products
Trade relations between developed and developing countries are one of the hot topics of the ongoing World Trade Organization (WTO) negotiations. The conclusion of the Cotonou Agreement between EU and African, Caribbean and Pacific countries, the introduction of the EU’s Everything But Arms initiative for the least developed countries and the United States’ African Growth and Opportunity Act for 39 African Countries, represents tangible incentives for many developing countries to continue their efforts to open their economies and build free markets. This paper analyzes the trade creating effects of EU and US trade policies as total effect, for agri-food products of developing countries in a gravity model framework. Data refer to a 10 year period: 1996-2005. The findings show larger trade creating effects of EU trade policies, especially for upper-middle income countries. Variation in trade creation, across the years, is not statistically significant, except for the low-income countries.
|Date of creation:||2008|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.eaae.org|
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Grilli,Enzo R., 1993. "The European Community and the Developing Countries," Cambridge Books, Cambridge University Press, number 9780521385114, June.
- James E. Anderson & Eric van Wincoop, 2000.
"Gravity with Gravitas: A Solution to the Border Puzzle,"
Boston College Working Papers in Economics
485, Boston College Department of Economics.
- James E. Anderson & Eric van Wincoop, 2003. "Gravity with Gravitas: A Solution to the Border Puzzle," American Economic Review, American Economic Association, vol. 93(1), pages 170-192, March.
- James E. Anderson & Eric van Wincoop, 2001. "Gravity with Gravitas: A Solution to the Border Puzzle," NBER Working Papers 8079, National Bureau of Economic Research, Inc.
- Andrew K. Rose & Eric van Wincoop, 2001. "National Money as a Barrier to International Trade: The Real Case for Currency Union," American Economic Review, American Economic Association, vol. 91(2), pages 386-390, May.
When requesting a correction, please mention this item's handle: RePEc:ags:eaae08:43961. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.