The objective of this paper is to explore the implications of domestic policy reforms and trade liberalisation on EU and global agricultural markets by utilising the GTAP model. The results suggest that CAP reforms in conjunction with the removal of export subsidies and tariff reductions...

The EU dairy sector is facing a period of significant changes that are due to three major decisions: the EU enlargement, the Luxemburg reform and on-going WTO negotiations. In this paper, we focus on the analysis of changes in both domestic and trade dairy policies using a spatial model of the...

This paper provides an overview of the European Union component of the recently developed ERS/Penn State WTO Model. The model is a multi-region, multi-commodity partial equilibrium trade model which allows the user to simulate the effects of reducing or eliminating tariffs and TRQs, export...

This study investigates food trade impacts of the enormous numbers of trade agreements in the world with special focus on developing countries. The Gravity model is used for the empirical analysis and developed in a large panel data setting. The results suggest that both multilateral and...

Many countries adjust their trade policies countercyclically to food prices, to such extent that the use of export restrictions by numerous food exporters has occasionally threatened the food security of food importing countries. These trade policies are not consistent with the terms-of-trade...

The paper discusses the mechanisms by which World Trade Organization (WTO) influence the diffusion of genetically modified (GM) products. We have analyzed the connection between the international trade of GM products and the three WTO Agreements: the Agreement on Trade-Related Aspects of...

Free trade has become a modern-day creed, accepted by both wealthy industrialized countries and many governments of developing countries as the generator of economic growth, development and employment. However, free trade has also been condemned by non-governmental organizations (NGOs) in...

The paper focuses on the importance of the assumptions made about market structure and firm behaviors in empirical trade policy analysis. It does it with reference to the most recent changes in the EU import regime for bananas, namely the Economic Partnership Agreements and the December 2009 WTO...

A simple but new theoretical approach is used to analyse ex-ante the impact of tariff reduction. This methodology is based on the assumption of a constant price relation between each direct substitutable product. No elasticities are needed, but accurate import and domestic prices of the most...

The price-wedge method yields a tariff-equivalent estimate of technical barriers to trade (TBT). An extension of this method accounts for imperfect substitution between domestic and imported goods and incorporates recent findings on trade costs. We explore the sensitivity of this revamped tariff...