IDEAS home Printed from https://ideas.repec.org/p/ias/fpaper/16-wp566.html
   My bibliography  Save this paper

TTIP and Agricultural Trade: The Case of Tariff Elimination and Pesticide Policy Cooperation

Author

Listed:
  • Bo Xiong
  • John C. Beghin

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

  • Bo Xiong & John C. Beghin, 2016. "TTIP and Agricultural Trade: The Case of Tariff Elimination and Pesticide Policy Cooperation," Food and Agricultural Policy Research Institute (FAPRI) Publications 16-wp566, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
  • Handle: RePEc:ias:fpaper:16-wp566
    as

    Download full text from publisher

    File URL: https://www.card.iastate.edu/products/publications/pdf/16wp566.pdf
    File Function: Full Text
    Download Restriction: no

    File URL: https://www.card.iastate.edu/products/publications/synopsis/?p=1252
    File Function: Online Synopsis
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Renyuan Shao & Brian Roe, 2003. "The design and pricing of fixed‐ and moving‐window contracts: An application of Asian‐Basket option pricing methods to the hog‐finishing sector," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 23(11), pages 1047-1073, November.
    2. David A. Hennessy & Donald Lien, 2003. "Ledger Provision in Hog Marketing Contracts," Center for Agricultural and Rural Development (CARD) Publications 03-wp336, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    3. James Unterschultz & Frank Novak & Donald Bresee & Stephen Koontz, 1998. "Design, pricing, and returns of short‐term hog marketing window contracts," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 18(6), pages 723-742, September.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Trans-Atlantic Trade and Investment Partnership; TTIP; maximum residue limit; MRL; sanitary and phytosanitary measures; tariff; trade agreement; NTM JEL: Q17; F15;

    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • F15 - International Economics - - Trade - - - Economic Integration

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ias:fpaper:16-wp566. 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: (). General contact details of provider: http://edirc.repec.org/data/faiasus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.