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The import effects of the Entry Price System

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  • Santeramo, Fabio Gaetano
  • Martinez-Gomez, Victor
  • Márquez-Ramos, Laura
  • Lamonaca, Emilia

Abstract

The complexity of the trade policy environment in the European fruit and vegetables (F&Vs) market is mostly due to the Entry Price System (EPS), a non-tariff measure that regulates imports. We investigate the trade effects of the EPS by estimating a structural gravity model of trade flows from major European suppliers of apples, lemons, oranges, peaches, pears, table grapes and tomatoes. We assess how imports react to EPS overshoots and to volatility in Standard Import Values (SIVs). The EPS limits imports of low-priced F&Vs, but marked differences exist across products. In particular, while the efficacy of the EPS is valid for all products, its effectiveness is greater for less perishable F&Vs

Suggested Citation

  • Santeramo, Fabio Gaetano & Martinez-Gomez, Victor & Márquez-Ramos, Laura & Lamonaca, Emilia, 2019. "The import effects of the Entry Price System," MPRA Paper 113446, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:113446
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    Cited by:

    1. Santeramo, Fabio Gaetano & Lamonaca, Emilia, 2023. "Exports of Fruits and Vegetables to the EU: policy recommendations," MPRA Paper 118000, University Library of Munich, Germany.

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    More about this item

    Keywords

    Non-tariff measure; Price dynamics; EU agriculture; Fruit and vegetables;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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