IDEAS home Printed from https://ideas.repec.org/p/zar/wpaper/dt2006-07.html
   My bibliography  Save this paper

Causes of World Trade Growth in Agricultural and Food Products, 1951 - 2000

Author

Listed:
  • Ra�l Serrano

    (Department of Applied Economics and Economic History, University of Zaragoza)

  • Vicente Pinilla

    (Department of Applied Economics and Economic History, University of Zaragoza)

Abstract

The objective of the present study is to analyse the causes of the growth of international agricultural and food trade in volume terms from 1951 to 2000. The results suggest that income growth has been the principal reason for this expansion, while exchange rate stability and the real price of agricultural products played only a minor role. Multilateral trade liberalisation and trade costs, given their long-term stability, are not elements which could have stimulated their growth. Finally, the intensive liberalisation of trade which took place in various economic regions, especially in Europe, became a key factor in promoting agricultural trade among the countries participating in regional trade agreements. The study results also indicate that the determinants of trade growth for these goods were different to those for other goods and other periods.

Suggested Citation

  • Ra�l Serrano & Vicente Pinilla, 2006. "Causes of World Trade Growth in Agricultural and Food Products, 1951 - 2000," Documentos de Trabajo dt2006-07, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    • Handle: RePEc:zar:wpaper:dt2006-07
    as

    Download full text from publisher

    File URL: https://fecem.unizar.es/sites/fecem/files/archivos/repec/pdf/DT2006-07.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nicholas Crafts & Anthony Venables, 2003. "Globalization in History.A Geographical Perspective," NBER Chapters, in: Globalization in Historical Perspective, pages 323-370, National Bureau of Economic Research, Inc.
    2. World Bank, 2004. "World Development Indicators 2004," World Bank Publications - Books, The World Bank Group, number 13890, December.
    3. Marius Brülhart & Robert J.R. Elliott, 1998. "Adjustment to the European single market: inferences from intra‐industry trade patterns," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 25(3), pages 225-247, June.
    4. Diaz-Bonilla, Eugenio & Tin, Jonathan, 2002. "That was then but this is now: Multifunctionality in industry and agriculture," TMD discussion papers 94, International Food Policy Research Institute (IFPRI).
    5. Kevin H. O'Rourke & Jeffrey G. Williamson, 2001. "Globalization and History: The Evolution of a Nineteenth-Century Atlantic Economy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262650592, December.
    6. Engle, Robert F. & Yoo, Byung Sam, 1987. "Forecasting and testing in co-integrated systems," Journal of Econometrics, Elsevier, vol. 35(1), pages 143-159, May.
    7. Diaz-Bonilla, Eugenio & Reca, Lucio, 2000. "Trade and agroindustrialization in developing countries: trends and policy impacts," Agricultural Economics, Blackwell, vol. 23(3), pages 219-229, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vicente Pinilla, 2018. "Agriocliometrics and Agricultural Change in the Nineteenth and Twentieth Centuries," Documentos de Trabajo (DT-AEHE) 1803, Asociación Española de Historia Económica.
    2. Pinilla, Vicente & Serranoz, Raul, 2008. "The agricultural and food trade in the first globalisation: Spanish table wine exports 1871 to 1935 – a case study," Working Papers 42657, American Association of Wine Economists.
    3. M. T. Aparicio & I. Villan�a, 2012. "Selection criteria for overlapping binary Models," Documentos de Trabajo dt2012-01, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    4. R.Serrano & V.Pinilla, 2011. "Agricultural and Food Trade in European Union Countries, 1963-2000: A Gravity Equation Approach," Economies et Sociétés (Serie 'Histoire Economique Quantitative'), Association Française de Cliométrie (AFC), issue 43, pages 191-229, January.
    5. Raúl Serranoa & Vicente Pinilla, 2010. "The Evolution and Changing Geographical Structure of World Agri-food Trade, 1950-2000," Working Papers 10-06, Association Française de Cliométrie (AFC).
    6. Ra�l Serrano & Isabel Acero-Fraile & Natalia Dejo-Oricain, 2017. "Collaborative networks and export intensity in family firms: a quantile regression approach," Documentos de Trabajo dt2017-04, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ferto, Imre, 2006. "Reconsidering Adjustment Costs of the Association Agreement. The Case of Hungarian Food Industry," 2006 Annual meeting, July 23-26, Long Beach, CA 21037, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Raúl Serrano & Vicente Pinilla, 2014. "New directions of trade for the agri-food industry: a disaggregated approach for different income countries, 1963–2000," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 23(1), pages 1-22, December.
    3. Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2008. "Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation," The Review of Economics and Statistics, MIT Press, vol. 90(2), pages 347-368, May.
    4. Mary Lovely & Douglas Nelson, 2002. "Intra-industry trade as an indicator of labor market adjustment," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 138(2), pages 179-206, June.
    5. Imre Ferto & Károly Attila Soos, 2008. "Marginal Intra-Industry Trade and Adjustment Costs - A Hungarian-Polish Comparison," CERS-IE WORKING PAPERS 0815, Institute of Economics, Centre for Economic and Regional Studies.
    6. Carol H. Shiue & Wolfgang Keller, 2007. "Markets in China and Europe on the Eve of the Industrial Revolution," American Economic Review, American Economic Association, vol. 97(4), pages 1189-1216, September.
    7. Diaz-Bonilla, Eugenio & Robinson, Sherman & Thomas, Marcelle, 2002. "On boxes, contents, and users: Food security and the WTO negotiations," TMD discussion papers 82, International Food Policy Research Institute (IFPRI).
    8. Christer Ljungwall & Örjan Sjöberg, 2005. "The Economic Impact of Globalization in Asia-Pacific - The Case of The Flying Geese," Development Economics Working Papers 22711, East Asian Bureau of Economic Research.
    9. Marius Brülhart, 2001. "Evolving geographical concentration of European manufacturing industries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 137(2), pages 215-243, June.
    10. Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2008. "Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation," The Review of Economics and Statistics, MIT Press, vol. 90(2), pages 347-368, May.
    11. Bigsten, Arne, 2003. "Globalisation and the Asia-Pacific Revival," Working Papers in Economics 118, University of Gothenburg, Department of Economics.
    12. Vogiatzoglou, Klimis, 2005. "Varieties or Qualities? Horizontal and Vertical Intra-industry Trade within the NAFTA Trade Bloc," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 6(2), pages 1-13.
    13. Marius BRÜLHART, 2000. "Evolving Geographical Specialisation of European Manufacturing Industries," Cahiers de Recherches Economiques du Département d'économie 00.08, Université de Lausanne, Faculté des HEC, Département d’économie.
    14. Ferto, Imre, 2006. "Marginal Intra-Industry Trade and Adjustment Costs in the Hungarian Food Industry," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25758, International Association of Agricultural Economists.
    15. Tyrväinen, Timo, 1991. "Unions, wages and employment: evidence from Finland," Bank of Finland Research Discussion Papers 16/1991, Bank of Finland.
    16. Athanasopoulos, George & de Carvalho Guillén, Osmani Teixeira & Issler, João Victor & Vahid, Farshid, 2011. "Model selection, estimation and forecasting in VAR models with short-run and long-run restrictions," Journal of Econometrics, Elsevier, vol. 164(1), pages 116-129, September.
    17. Jakob Skoet & Kostas Stamoulis & Annelies Deuss, 2004. "Investing in Agriculture for Growth and Food Security in the ACP countries," Working Papers 04-22, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
    18. Saeed Rasekhi & Saman Ghaderi, 2012. "Marginal intra-industry trade and adjustment costs: the case study of Iran’s manufacturing industries," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 4(1/2), pages 35-43.
    19. Justin Lin & Peilin Liu, 2006. "Economic Development Strategy, Openness and Rural Poverty: A Framework and China's Experiences," WIDER Working Paper Series RP2006-43, World Institute for Development Economic Research (UNU-WIDER).
    20. Yusuf, Shahid & Nabeshima, Kaoru, 2005. "Japan's changing industrial landscape," Policy Research Working Paper Series 3758, The World Bank.

    More about this item

    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:zar:wpaper:dt2006-07. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Isabel Acero Fraile (email available below). General contact details of provider: https://edirc.repec.org/data/fezares.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.