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The price stabilization effects of the EU entry price scheme for fruits and vegetables

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  • Cioffi, Antonio
  • Santeramo, Fabio Gaetano
  • Vitale, Cosimo

Abstract

The paper assesses the stabilization effects of the EU import regime for fresh fruit and vegetables based on the entry price system. The analysis is carried out on the EU prices of tomatoes and lemons and those of imports from some of the main competing countries on the EU domestic markets: Morocco, Argentina and Turkey. It is based on the estimation of a threshold vector autoregressive econometric model that is shown capable of taking the workings of the import regime into account. The model shows that prices behave differently when import prices are above/below the trigger entry price. This paper allowed to highlight the cases for which the isolation effect of EPS seems reached and the resulting stabilization effects.

Suggested Citation

  • Cioffi, Antonio & Santeramo, Fabio Gaetano & Vitale, Cosimo, 2010. "The price stabilization effects of the EU entry price scheme for fruits and vegetables," MPRA Paper 24828, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:24828
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    Cited by:

    1. Giulio Malorgio & Cristina Grazia, 2013. "La performance della filiera ortofrutticola di esportazione dei Paesi Terzi del Mediterraneo nel mercato europeo: tra concorrenza e cooperazione," ECONOMIA AGRO-ALIMENTARE, FrancoAngeli Editore, vol. 15(1), pages 73-101.
    2. Santeramo, Fabio Gaetano & Cioffi, Antonio, 2012. "Transmission Of Market Crises In The European Vegetables Sector," Politica Agricola Internazionale - International Agricultural Policy, Edizioni L'Informatore Agrario, issue Issue 2, pages 1-10, March.
    3. Santeramo, Fabio Gaetano & Capitanio, Fabian & Adinolfi, Felice, 2014. "Integrating Agricultural Risks Management Strategies in selected EU Partner Countries: Syria, Tunisia, Turkey," MPRA Paper 58935, University Library of Munich, Germany, revised 2014.
    4. Santeramo, Fabio Gaetano & Adinolfi, Felice & Capitanio, Fabian & Contò, Francesco & Sasala, Piero, 2013. "Coping with Risks in the Mediterranean Countries? Let the experts explain," MPRA Paper 49852, University Library of Munich, Germany.
    5. Listorti, Giulia & Esposti, Roberto, 2012. "Horizontal Price Transmission in Agricultural Markets: Fundamental Concepts and Open Empirical Issues," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 0(Issue 1), pages 1-28, April.
    6. Lodovico Muratori & Susanne Fricke, 2017. "Spatial price transmission and trade policies: new evidence for agricultural products from selected sub-Saharan African countries with high frequency data," Jena Economic Research Papers 2017-006, Friedrich-Schiller-University Jena.
    7. Shabnam, Nadia & Santeramo, Fabio Gaetano & Seccia, Antonio & Asghar, Zahid, 2016. "The Impact of the Food Price Crises on the demand for nutrients in Pakistan," MPRA Paper 72971, University Library of Munich, Germany.
    8. Valenciano, Jaime de Pablo & Battistuzzi, Miguel Angel Giacinti & Azcaráte, Tomás García, 2015. ""Banana War" And World Trade Changes," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 0(Number 2), pages 1-12, April.
    9. Andrea Dal Bianco & Vasco Ladislao Boatto & Francesco Caracciolo & Fabio Gaetano Santeramo, 2016. "Tariffs and non-tariff frictions in the world wine trade," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 43(1), pages 31-57.
    10. Pappalardo, Gioacchino & Bucca, Marcella & Zarba, Alfonso Silvio, 2012. "Mediterranean Agricultural Product Trade between the EU and Morocco in the Perspective of the New Bilateral Agreement: Main Causes of Imbalance and Possible Effects," Politica Agricola Internazionale - International Agricultural Policy, Edizioni L'Informatore Agrario, issue Issue 3, pages 1-14, September.
    11. Márquez-Ramos, Laura & Martinez-Gomez, Victor, 2014. "A gravity assessment of Moroccan F&V monthly exports to EU countries: The effect of trade preferences revisited," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182951, European Association of Agricultural Economists.
    12. Santeramo, Fabio Gaetano & Lamonaca, Emilia & Contò, Francesco & Stasi, Antonio & Nardone, Gianluca, 2017. "Drivers of grain price volatility: a cursory critical review," MPRA Paper 79427, University Library of Munich, Germany.
    13. Vitor Joao Pereira Domingues Martinho, 2012. "International trade of fruits between Portugal and the world," Papers 1206.3385, arXiv.org.
    14. Antonioli, Federico & Santeramo, Fabio, 2017. "Vertical Price Transmission in Milk Supply Chain: Market Changes and Asymmetric Dynamics," 2017 Sixth AIEAA Conference, June 15-16, Piacenza, Italy 261256, Italian Association of Agricultural and Applied Economics (AIEAA).
    15. Seccia, Antonio & Santeramo, Fabio Gaetano & Nardone, Gianluca, 2015. "Trade competitiveness in table grapes: a global view," MPRA Paper 70931, University Library of Munich, Germany.
    16. Cioffi, Antonio & Santeramo, Fabio G., 2011. "The entry price threshold in EU F&V sector: deterrence or effective barrier?," 122nd Seminar, February 17-18, 2011, Ancona, Italy 99432, European Association of Agricultural Economists.
    17. Unknown, 2014. "The new EU agricultural policy - continuation or revolution?," Multiannual Program Reports 179498, Institute of Agricultural and Food Economics - National Research Institute (IAFE-NRI).
    18. Santeramo, Fabio Gaetano & Cioffi, Antonio & Vitale, Cosimo Damiano, 2014. "A Threshold-Var Approach To Assess The Efficacy Of The Eu Import Regime," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 0(Number 1), pages 1-12, January.
    19. Francesco CARACCIOLO & Elisabetta GOTOR & Fabio Gaetano SANTERAMO, 2014. "European Common Agricultural Policy Impacts On Developing Countries Commodities Prices," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 14(2).
    20. repec:ags:aieabj:276277 is not listed on IDEAS
    21. Taghouti, Ibtissem & Martinez-Gomez, Victor & Coque, José María Garcia Alvarez, 2015. "Exploring Eu Food Safety Notifications On Agro-Food Imports: Are Mediterranean Partner Countries Discriminated?," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 0(Number 2), pages 1-15, April.
    22. Santeramo, Fabio Gaetano & Cioffi, Antonio, 2012. "The entry price threshold in EU agriculture: Deterrent or barrier?," Journal of Policy Modeling, Elsevier, vol. 34(5), pages 691-704.
    23. Santeramo, Fabio Gaetano & von Cramon-Taubadel, Stephan, 2016. "On perishability and Vertical Price Transmission: empirical evidences from Italy," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 0(Issue 2), September.
    24. Salamat Ali, 2016. "Export Response to Sanitary and Phytosanitary Measures and Technical Barriers to Trade: Firm-level Evidence from a Developing Country," Discussion Papers 2016-02, University of Nottingham, CREDIT.

    More about this item

    Keywords

    Fruit and vegetables; Entry price system; stabilisation effects; TVAR;

    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

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