The trade and welfare impacts of the U.S. retaliatory tariff on EU olive oil

Hammami, AbdelMalek; Beghin, John C.

doi:10.1111/agec.12655

Cited by 3 publications

(1 citation statement)

References 15 publications

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“…Ronen (2017) investigated global aggregate olive oil trade looking at the impact of nontariff measures, using a gravity-like framework. Hammami and Beghin (2021) analyze the impact of retaliatory tariffs imposed by the US on olive oil imports sourced in the EU and Spain in particular.…”

Section: Introductionmentioning

confidence: 99%

The Determinants of U.S. Olive Oil Imports

Hammami¹,

Beghin²

2022

Preprint

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We investigate the determinants of U.S. bilateral imports of olive oil and their dynamics from shocks in foreign supplies and changes in U.S. olive oil demand, using an augmented gravity framework that leads to an equilibrium of bilateral trade flows from olive oil exporters to the U.S. market. The empirical specification is applied at the disaggregated HS-6 level in a panel dataset, and three estimation techniques (truncated OLS, PPML, Heckman), for which the latter two account for zero trade flows, the extensive margin of trade and the potential censored distribution of exports with zero trade flows. We run Reset and HPC tests to qualify our results. On the supply side, exporters’ capacity to exports, multilateral trade resistance, and immigrants’ networks into the US are strong determinants of the bilateral trade flows for both aggregate olive oil exports and for virgin olive oil exports, On the consumer side, U.S. GDP, the import unit value, and immigrant network effects are robust determinants of bilateral flows as well for aggregate and virgin olive oil trade flows. Migrants’ stock, exporters’ GDP and population, and total exports revenues increase the probability of an exporter entering the U.S. market. We could not find robust evidence of consumer behavior being influenced by popular press measures of the emergence of Mediterranean diet and olive oil, or measures of cultural globalization of U.S. consumers.

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Section: Introductionmentioning

confidence: 99%

The Determinants of U.S. Olive Oil Imports

Hammami¹,

Beghin²

2022

Preprint

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Leveraging natural language processing techniques to explore the potential impact of the EU’s Carbon Border Adjustment Mechanism (CBAM)

Curran,

Carrasco-Farré

2024

J Int Bus Policy

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Debates on controversial policies often stimulate extensive discourse, which is difficult to interpret objectively. Political science scholars have begun to use new textual data analysis tools to illuminate policy debates, yet these techniques have been little leveraged in the international business literature. We use a combination of natural language processing, network analysis and trade data to shed light on a high-profile policy debate—the EU’s recently enacted Carbon Border Adjustment Mechanism (CBAM). We leverage these novel techniques to analyze business inputs to the EU’s public consultation, differentiating between different types of organizations (companies, trade associations, non-EU actors) and nature of impact (direct, indirect, potential). Although there are similarities in key concerns, there are also differences, both across sectors and between collective and individual actors. Key findings include the fact that collective actors and indirectly affected sectors tended to be less concerned about the negative impacts of the new measure on international relations than individual firms and those directly affected. Firms’ home country also impacted on their positions, with EU-headquartered and foreign-owned companies clustering separately. Our research highlights the potential of natural language processing techniques to help better understand the positions of business in contentious debates and inform policy making.

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Commercial maps of the main Latin American countries in the international olive oil market

Guevara-Ramírez

Letzkus

Mancisidor

et al. 2023

Span. j. agric. res.

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Aim of study: World trade in olive oil is undergoing structural changes, with the emergence of new relevant actors, notably South American countries. The objective of this study was to analyze the performance of emerging Latin American countries in the world olive oil market during the period 2010–2019. Area of study: Major Latin American countries within an international context. Material and methods: The study was conducted through an analysis of trade networks, the application of the export growth decomposition method, the index of import dependence, and competitiveness matrices developed from the statistical evolution of import share and market share indicators. Main results: European countries continue to dominate international trade in olive oil, however, Chile and Argentina have managed to widen their role. Chile was the country with the highest growth rate in olive oil exports in terms of value and volume in the period analyzed, whereas Argentina was below the world average. Prices in general have been stagnant, although price variability between countries can be distinguished. This may be due to the re-export policy of some countries, the qualities, the format, and some intrinsic characteristics of the markets. Research highlights: Chile and Argentina figure prominently for their commercial capacity, with the former focusing mainly on the USA and Brazilian markets, and the latter on the Spanish.

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The trade and welfare impacts of the U.S. retaliatory tariff on EU olive oil

Cited by 3 publications

References 15 publications

The Determinants of U.S. Olive Oil Imports

The Determinants of U.S. Olive Oil Imports

Leveraging natural language processing techniques to explore the potential impact of the EU’s Carbon Border Adjustment Mechanism (CBAM)

Commercial maps of the main Latin American countries in the international olive oil market

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