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New Zealand's Preferential Trading Arrangements: Implications for the New Zealand Dairy Industry

Author

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  • Howard, Sam
  • Gow, Hamish R.
  • Ozer-Balli, Hatice

Abstract

This paper discusses the economic implications of the preferential trade agreements that New Zealand is currently negotiating, using a computable general equilibrium modelling framework. The New Zealand dairy industry is a particular focus in the results, which come from the GTAP model produced by Purdue University. Results are discussed from the independent simulations of preferential trade agreements between New Zealand and Korea, New Zealand and India, New Zealand and Russia, Belarus and Kazakhstan, New Zealand and the Gulf Cooperation Council, and expansion of the Trans-Pacific Partnership to include Australia, Peru, Viet Nam, Malaysia, and the United States of America.

Suggested Citation

  • Howard, Sam & Gow, Hamish R. & Ozer-Balli, Hatice, 2011. "New Zealand's Preferential Trading Arrangements: Implications for the New Zealand Dairy Industry," 2011 Conference, August 25-26, 2011, Nelson, New Zealand 115405, New Zealand Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:nzar11:115405
    as

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    File URL: http://purl.umn.edu/115405
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    References listed on IDEAS

    as
    1. Kym Anderson, 2005. "On the Virtues of Multilateral Trade Negotiations," The Economic Record, The Economic Society of Australia, vol. 81(255), pages 414-438, December.
    2. Brockmeier, Martina, 2001. "A Graphical Exposition of the GTAP Model," GTAP Technical Papers 311, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    3. Anderson, Kym & Hoekman, Bernard & Strutt, Anna, 2001. "Agriculture and the WTO: Next Steps," Review of International Economics, Wiley Blackwell, vol. 9(2), pages 192-214, May.
    4. Bhagwati, Jagdish, 2008. "Termites in the Trading System: How Preferential Agreements Undermine Free Trade," OUP Catalogue, Oxford University Press, number 9780195331653.
    5. Mahinda Siriwardana & Jinmei Yang, 2008. "GTAP Model Analysis of the Economic Effects of an Australia-China FTA: Welfare and Sectoral Aspects," Global Economic Review, Taylor & Francis Journals, vol. 37(3), pages 341-362.
    6. Alisa DiCaprio, 2010. "US Free Trade Agreements and Policy Flexibility: Will New Rules Hinder Industrialisation?," Development Policy Review, Overseas Development Institute, vol. 28(4), pages 387-410, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    New Zealand; dairy industry; preferential trade agreements; Agribusiness; Land Economics/Use; Production Economics;

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