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Focusing on the issue of food safety, the authors consider a framework of repeated purchases where adverse selection from imperfect information on product quality exists. Countries are characterized by their unequal ability to control quality.
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Multilateral Tornqvist indexes are used to estimate relative levels of efficiency in wheat, beet, hog, and milk production for the EC-10 countries. Purchasing Power Parities for aggregate input are computed, thanks to specific PPPs for the agricultural sector on the basic heading level. They...
Persistent link: https://www.econbiz.de/10005559787
Trade flows are significantly affected by the trade agreements both with respect to impacts on pre-existing trade flows, (intensive margin) and on new, previously non-existent trade flows (extensive margin). The effect of the Regional Trade Agreements on pre-existing trade flows are found to be...
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The EU policy on voluntary food labeling emphasizes the geographical origin of the products. Specialty products from a given area (e.g., wine) benefit from a reputation premium that is well-identified by consumers. Public authorities allow exclusive use of the appellation to a group of producers...
Persistent link: https://www.econbiz.de/10005511032
The most recent EU notifications to the World Trade Organization regarding domestic support refer to the EU-15, i.e. before significant reforms of the direct payments as well as reforms of the Mediterranean products, hops, sugar, etc. that took place after 2003. We estimate the actual level of...
Persistent link: https://www.econbiz.de/10005513522
An applied general equilibrium model is used to assess the impact of multilateral trade liberalization in agriculture, with particular emphasis on developing countries. We use original data, and the model includes some specific features such as a dual labor market. Applied tariffs, including...
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