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Agricultural Trade Between the Philippines and the US : Status, Issues and Prospects

Author

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  • Liborio S. Cabanilla

    (PIDS)

Abstract

The paper describes the environment under which RP-US Agricultural trade currently operates. It also highlights key issues affecting current trade flows between the Philippines and the US, and provides background information vital for future bilateral agricultural negotiations with the U.S. Further to this, it shows that two major factors will determine the prospective net effects of a RP-US FTA on Philippine agriculture. First, the effects on exports will depend on the extent of US reduction of NTBs, particularly on mangoes, carrageenan, and canned tuna. Second, Philippine imports from the US will depend on its willingness to reconsider position, particularly on rice and corn. On this count, it must be noted that rice is an important wage good, and corn is a key livestock feed ingredient. Moreover, the advent of an FTA with the US should be a good reason to get Philippine agriculture better organized, in terms of policy and institutional support.

Suggested Citation

  • Liborio S. Cabanilla, 2006. "Agricultural Trade Between the Philippines and the US : Status, Issues and Prospects," Development Economics Working Papers 22620, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:develo:22620
    as

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    File URL: http://www.eaber.org/node/22620
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    References listed on IDEAS

    as
    1. Westcott, Paul C., 2003. "Perspectives On Impacts Of The 2002 U.S. Farm Act," Proceedings of the 9th Agricultural and Food Policy Systems Information Workshop, 2003: Farm Policy Development and Policy Tensions under NAFTA 16816, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.
    2. Ozden, Caglar & Reinhardt, Eric, 2005. "The perversity of preferences: GSP and developing country trade policies, 1976-2000," Journal of Development Economics, Elsevier, vol. 78(1), pages 1-21, October.
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    More about this item

    Keywords

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    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • P45 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - International Linkages
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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