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A gravity approach of agricultural trade:the nexus of the EU and African, Caribbean and Pacific countries

2019Journal article Open access
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dc.contributor.authorBalogh, Jeremiás Máté
dc.contributor.authorLeitão, Nuno Carlos
dc.date.accessioned2020-06-15T13:46:57Z
dc.date.available2020-06-15T13:46:57Z
dc.date.issued2019
dc.description.abstractThe European Union (EU) is one of the biggest traders of agricultural products. In 2017, extra-EU agricultural trade accounted for 7.4% of the total EU international trade. Furthermore, Europe is the main destination for agricultural goods arriving from African, Caribbean and Pacific (ACP) trading partners. The paper analyses the effect of geographical proximity, cultural similarity, free trade agreements on bilateral agricultural trade as well as intra-industry trade between EU member states and its trading partners (intra and extra EU trade), employing gravity model for a period of 1996–2017. Regression results suggest that EU countries export more agricultural products to their common markets. In addition, the export costs of agricultural products are lower if the EU and its external trading partners are culturally similar; have the same religion or both have regional trade agreements. We found a moderate intra-industry trade between the EU and ACP countries at 18%. The results indicate rather inter-industry trade between EU and non-EU members, with a lower index level for ACP countries. A higher positive impact is revealed on the agricultural import between ACP-EU countries than export.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationBalogh, J. M. & Leitão. N.C. (2019). A gravity approach of agricultural trade:the nexus of the EU and African, Caribbean and Pacific countries. Agricultural Economics (Zemědělská ekonomika), 65 (11) 509-519pt_PT
dc.identifier.doi10.17221/131/2019-AGRICECONpt_PT
dc.identifier.issn0139-570X
dc.identifier.urihttp://hdl.handle.net/10400.15/2918
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherCzech Academy of Agricultural Sciencespt_PT
dc.relation.publisherversionhttps://www.agriculturejournals.cz/web/agricecon.htm?type=article&id=131_2019-AGRICECONpt_PT
dc.subjectAfricanpt_PT
dc.subjectCaribbean and Pacific countriespt_PT
dc.subjectAgricultural tradept_PT
dc.subjectEuropean Unionpt_PT
dc.subjectGravity modelpt_PT
dc.subjectIntra-industry tradept_PT
dc.titleA gravity approach of agricultural trade:the nexus of the EU and African, Caribbean and Pacific countriespt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.conferencePlaceCzech Republicpt_PT
oaire.citation.endPage519pt_PT
oaire.citation.issue11pt_PT
oaire.citation.startPage509pt_PT
oaire.citation.titleAgricultural Economics (Zemědělská ekonomika)pt_PT
oaire.citation.volume65pt_PT
person.familyNameLeitão
person.givenNameNuno Carlos
person.identifier.orcid0000-0002-7602-2615
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication59b3a478-abed-4851-a925-fe8d133213c5
relation.isAuthorOfPublication.latestForDiscovery59b3a478-abed-4851-a925-fe8d133213c5

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