The Effect of Aggregation Bias: An<scp>NTB</scp>‐modelling Analysis of Turkey's Agro‐food Trade with the<scp>EU</scp>

Bektasoglu, Beyhan; Engelbert, Tanja; Brockmeier, Martina

doi:10.1111/twec.12444

Cited by 6 publications

(2 citation statements)

References 70 publications

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“…14 See, e.g. Mahlstein et al (2022); Chepeliev et al (2022); Cheong & Turakulov (2022); and Bektasoglu et al (2016). 15 As Hillberry & Hummels (2021) report, the GTAP network boasts more than 4,000 active users ('members') and the number of Google Scholar search results for GTAP-related keywords (as a proxy for academic papers applying GTAP) has exceeded 6000 by 2015.…”

Section: Motivation Methodology and Road Mapmentioning

confidence: 99%

Designing ‘optimal’ sanctions on Russian imports

Schropp

Tsigas²

2023

World Economy

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Restricting Russian imports is an important instrument in Allies' sanction toolbox. Rather than arbitrarily choosing the set of targeted imported products and the level of import tariff increasesm (as is typically done in the literature), we follow the recent contributions on "optimal sanction" strategies. Using GTAP, we endogenize the scope of sectors targeted, the magnitude of tariff increases, and the disbursement of tariff revenues in the context of a computable general equilibrium (CGE) model. This allows us to identify the set of Allied import restrictions that best achieves the Allies' objectives of inflicting the highest economic pain on Russia while at the same time keeping self-harm to Allies as low and as equitably distributed as possible.With regard to scope we find that, instead of targeting Russian imports across the board, the Allies fare better when limiting their import sanctions to products from the eight most-imported Russian sectors. Regarding optimal tariff levels, we find that, rather than imposing all-out import bans, tariff increases in the range of 20 to 25 percentage points best achieve the Allies' objectives. Finally, the Allied coalition could benefit from a burden-sharing arrangement in which proceeds generated from the additional tariff revenues are redistributed among Allies, and other cash transfers are allowed for. Doing so would result in a more equitable distribution of economic losses among Allied countries -at hardly any additional "cost" to the coalition (in terms of extra losses to Allies or reduced losses to Russia). Such an arrangement could significantly strengthen cohesion, resilience, and longevity of the Allied coalition, and thus ought to become a component of an optimal sanction strategy. As an alternative to redistributing tariff revenue among coalition countries, Allies could consider using those funds towards supporting Ukraine directly. Doing so would involve a small sacrifice by Allies and would scarcely compromise the effectiveness of Allied sanctions. However, it could greatly help mitigating the human catastrophe unfolding in and around Ukraine.

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Section: Motivation Methodology and Road Mapmentioning

confidence: 99%

Designing ‘optimal’ sanctions on Russian imports

Schropp

Tsigas²

2023

World Economy

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“…Many scholars had developed empirical models to estimate the influence of food safety laws and regulations. For example, the gravity-based model [2][3][4][5][6][7][8][9] , price-wedge method [10][11][12][13] , inventory-based method [14][15][16] , cost-benefit measurements based on risk assessment [17][18][19] , game theory [20][21][22][23] , and general or partial equilibrium models [24][25][26][27] were extensively applied in their studies. Some researchers had adopted dummy variables to represent food safety laws and regulations, as well as analyzed the impacts of food safety policies on food trade [28][29] .…”

Section: Introductionmentioning

confidence: 99%

Evaluating the Impacts of Food Safety Policies on Japan’s Rice Imports Based on the Simultaneous Buy and Sell System

Gao

2021

PBES

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This study evaluated the impacts of food safety policies on Japan’s Simultaneous Buy and Sell rice imports through measuring tariff equivalents of food safety policies. In order to construct an estimated model, a Japanese consumer’s utility function is introduced and developed with consumer’s preference parameters and elasticity of substitution. In the empirical study part, Japan’s positive list system and rice traceability were analyzed and assessed as critical food safety policies. Results showed that after the implementation of the positive list system, consumers’ preference for foreign rice and the substitution elasticity diminished. This decreasing tendency was quite similar to the results after the enforcement of rice traceability. The tariff equivalents of food safety policies on imported rice fluctuated around ¥50 yen/kg from fiscal year 2000 to 2005 and decreased because of the global grain price hike after 2006. The tariff equivalents soared in 2010, which was induced by the traceability regulation, and then dulled during Japan’s earthquake and tsunami in 2011. Subsequently, after the recovery from natural disasters, the tariff equivalents of food safety policies became higher. Therefore, food safety policies had made imported rice less attractive, weakened the competitive power of rice exporting countries, and had statistically significant impacts on Japan’s rice importation.

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MERCOSUR in gravity: an accounting approach to analyzing its trade effects

Stender

2017

Int Econ Econ Policy

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The Effect of Aggregation Bias: AnNTB‐modelling Analysis of Turkey's Agro‐food Trade with theEU

Cited by 6 publications

References 70 publications

Designing ‘optimal’ sanctions on Russian imports

Designing ‘optimal’ sanctions on Russian imports

Evaluating the Impacts of Food Safety Policies on Japan’s Rice Imports Based on the Simultaneous Buy and Sell System

MERCOSUR in gravity: an accounting approach to analyzing its trade effects

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