This paper documents patterns in international trade costs in processed foods for a large cross-section of developing and developed countries, during the 1976-2000 period. A trade costs index is inferred from a micro-founded gravity equation that incorporates bilateral ‘iceberg’ trade costs. For 2000, the trade costs, expressed as weighted average tariff equivalent, range from 73% for the North to 134% for the South countries. The time patterns show an average reduction of about 13% in the observed period, that rises to 26% for the Emerging countries. However, the same does not occur for South countries. On ranking the trade costs determinants we find that, on average, geographical and historical factors seem to dominate those of infrastructure and institutions. However, trade policy emerges as an important determinant of trade costs between north and emerging countries.

Patterns and determinants of international trade costs in the food industry / A. Olper, V. Raimondi. - In: JOURNAL OF AGRICULTURAL ECONOMICS. - ISSN 0021-857X. - 60:2(2009), pp. 273-297. [10.1111/j.1477-9552.2008.00185.x]

Patterns and determinants of international trade costs in the food industry

A. Olper
Primo
;
V. Raimondi
Ultimo
2009

Abstract

This paper documents patterns in international trade costs in processed foods for a large cross-section of developing and developed countries, during the 1976-2000 period. A trade costs index is inferred from a micro-founded gravity equation that incorporates bilateral ‘iceberg’ trade costs. For 2000, the trade costs, expressed as weighted average tariff equivalent, range from 73% for the North to 134% for the South countries. The time patterns show an average reduction of about 13% in the observed period, that rises to 26% for the Emerging countries. However, the same does not occur for South countries. On ranking the trade costs determinants we find that, on average, geographical and historical factors seem to dominate those of infrastructure and institutions. However, trade policy emerges as an important determinant of trade costs between north and emerging countries.
English
Trade costs ; Gravity ; Processed Foods ; Geography ; Infrastructure ; Trade Policy ; Inequality
Settore AGR/01 - Economia ed Estimo Rurale
Articolo
Esperti anonimi
2009
Agricultural Economics Society
60
2
273
297
Periodico con rilevanza internazionale
http://hdl.handle.net/2434/36932
info:eu-repo/semantics/article
Patterns and determinants of international trade costs in the food industry / A. Olper, V. Raimondi. - In: JOURNAL OF AGRICULTURAL ECONOMICS. - ISSN 0021-857X. - 60:2(2009), pp. 273-297. [10.1111/j.1477-9552.2008.00185.x]
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Prodotti della ricerca::01 - Articolo su periodico
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262
Article (author)
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A. Olper, V. Raimondi
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2434/53782
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