The Institutional Determinants of Bilateral Agricultural and Food Trade
نویسنده
چکیده
The effects of the institutional determinants on trade in agricultural and food products are analyzed using a gravity model approach. We focus on the impact of the quality of governance and the similarity of institutions in explaining variation in bilateral agricultural and food trade patterns among the OECD countries. Results confirmed the separate effects for the institutional similarity and the institutional quality on trade patterns. The institutional similarity has positive and significant impact on trade in a similar institutional framework for agricultural, but less for food products. The institutional quality has significant positive impact on trade in both agricultural and food products for importing countries. Key-words: Institutions; international trade; gravity model. Jel kód: Q17
منابع مشابه
Determinants of Iran’s bilateral intra-industry trade in pharmaceutical industry
Among non-oil exports and in trade arena, drug has always been strategic importance and most government especially industrialized countries pay special attention to its production and trade issues. Thus, having a comprehensive view from economic perspective to this section is essential for suggesting intervention. This was a descriptive-analytical and panel study. In this study, gravity model i...
متن کاملDeterminants of Iran’s bilateral intra-industry trade in pharmaceutical industry
Among non-oil exports and in trade arena, drug has always been strategic importance and most government especially industrialized countries pay special attention to its production and trade issues. Thus, having a comprehensive view from economic perspective to this section is essential for suggesting intervention. This was a descriptive-analytical and panel study. In this study, gravity model i...
متن کاملThe Impact of Sanction on Bilateral Intra-Industry Trade between Iran and SCO Countries
This paper analyses the impact of sanctions against Iran in addition to other country-specific determinants on intra-industry trade between Iran and Shanghai Cooperation Organization (SCO) countries over the period 1997-2013. By disentangling total intra-industry trade (IIT) into horizontal and vertical IIT and after investigating bilateral trade pattern between Iran and SCO countries, determin...
متن کاملEffects of Business Cycles on Bilateral Trade Flows in Eurozone Countries
In economic theory, various determinants are considered to explore their effects on trade patterns. Accordingly, business cycles indicate turbulences in economic activities. Business cycles and their fluctuations cause a change in demand for goods and services from the other country then it can affect trade flows. In this study, by using a gravity model, we study the effects of business cycles ...
متن کاملAnalysis and modeling of factor determinants of food provision at consumer market of Ukraine
The present study investigates the socio-economic nature of the issue of food provision in the consumer market of Ukraine. It is entity content and main macroeconomic functions oriented at production, sales, and consumption of food, undertaken by the state to maintain the ongoing process of social reproduction and security guaranteeing in the country. It is hypothesized that the change in incom...
متن کامل