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

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  • 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
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    References listed on IDEAS

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    Cited by:

    1. Vicente Pinilla, 2024. "Agricliometrics and Agricultural Change in the Nineteenth and Twentieth Centuries," Springer Books, in: Claude Diebolt & Michael Haupert (ed.), Handbook of Cliometrics, edition 3, pages 1837-1869, Springer.
    2. 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.
    3. 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).
    4. Pinilla, Vicente & Serrano, Raúl, 2008. "The Agricultural and Food Trade in the First Globalization: Spanish Table Wine Exports 1871 to 1935 – A Case Study," Journal of Wine Economics, Cambridge University Press, vol. 3(2), pages 132-148, January.
    5. 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.
    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.

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