Article
Economics
Geoffroy Duparc-Portier, Gioele Figus
Summary: The new protocol has led to trade frictions between Northern Ireland and Great Britain, and simulation results indicate that the weakening relationship between the EU and GB will have a greater negative impact on the Northern Ireland economy. However, this impact may be mitigated by the ability of NI firms to substitute intermediate inputs from GB for EU imports.
Article
Multidisciplinary Sciences
Joe Eyong Assoua, Ernest L. Molua, Robert Nkendah, Raoul Fani Djomo Choumbou, Rayner Tabetando
Summary: In recent years, there has been increasing concern over food quality and safety standards in the agricultural value chain. This study examines the impact of changes in food policy regulations, specifically sanitary and phytosanitary measures, on cocoa exports from Cameroon. The study also investigates the compliance strategies adopted by institutional actors in the cocoa sub-sector. Findings reveal that institutional actors employ both reactive and proactive strategies to comply with sanitary and phytosanitary measures in importing markets. Additionally, the study suggests that sanitary and phytosanitary measures do not significantly influence cocoa exports, with factors such as gross domestic product, common language, and population playing a more significant role in trade flows. The limited supply-side capacity of the export commodity is also identified as a key factor. These findings highlight the need to strengthen standards-setting institutions and regulatory frameworks in Cameroon, while addressing supply-side constraints and low productive capacity in the cocoa sub-sector.
Article
Economics
Sangho Shin, Edward J. Balistreri
Summary: The trade dispute between Korea and Japan has had negative economic impacts on both countries. The boycott of Japanese goods by Korea and Japanese export controls have resulted in reduced trade and welfare losses.
JOURNAL OF ASIAN ECONOMICS
(2022)
Article
Economics
Jose Francisco Cubells, Maria C. Latorre
Summary: The article provides a detailed analysis of the macroeconomic and sectoral effects of Brexit in France, UK, the rest of EU, and the world. It explains the impact on production and trade across different sectors, capturing both direct and indirect effects. While Brexit will significantly harm the UK economy, the negative impact on France and the rest of the EU will be limited and similar.
ECONOMIC SYSTEMS RESEARCH
(2021)
Article
Environmental Studies
Jonathon M. Becker
Summary: The study finds that a disruption to Chinese cobalt supply may have limited short-term impact on the U.S. economy, but could significantly increase costs if new cobalt demand rises by 2030. By increasing cobalt production, forming trade alliances, and reducing reliance on cobalt in vehicles, economic costs can be minimized in the face of a Chinese supply disruption.
Article
Economics
Sasiwooth Wongmonta
Summary: This study examines the impact of China's SPS measures on Thai fruit exports, finding that the restrictiveness of SPS measures has a positive and significant effect on export volumes, indicating that non-arbitrary and informative SPS requirements can facilitate agricultural trade.
SINGAPORE ECONOMIC REVIEW
(2021)
Article
Social Sciences, Interdisciplinary
Yuko Akune
Summary: Many free-trade agreements have reduced tariffs, but concerns now shift to non-tariff measures. This study examines the impact of sanitary and phytosanitary measures (SPS) and technical barriers to trade (TBT) on agri-food trade in the Asia-Pacific region. The results suggest that SPS and TBT can be non-tariff barriers, but for some commodities, transparency encourages trade despite regulatory divergence.
AUSTRALASIAN JOURNAL OF REGIONAL STUDIES
(2023)
Article
Economics
Peter B. Dixon, Maureen T. Rimmer
Summary: In the context of global supply chain trade, developing countries may benefit from accelerated labor transfer to manufacturing, while high-income countries face challenges and limited long-term gains.
ECONOMIC MODELLING
(2022)
Article
Environmental Sciences
Jin-Xiao Tan, Yun-Fei Yao, Biying Yu, Guangpu Zhao, Qiao-Mei Liang
Summary: This study investigates the impact of international trade policy adjustments in the chemical industry in China. The findings reveal that all adjustment plans result in economic losses, but they also promote a cleaner energy structure and reduce CO2 emissions and energy consumption. However, these plans are unable to achieve the carbon intensity and energy intensity targets, highlighting the need for additional low-carbon policies and protection measures in the energy industry.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Agricultural Economics & Policy
Yaghoob Jafari, Mihaly Himics, Wolfgang Britz, Jayson Beckman
Summary: Policymakers increasingly use CGE models to assess the economy-wide impacts of trade agreements, but the simplifying assumption of complete bilateral tariff elimination can introduce bias. A proposed tariff line approach aims to reduce bias by modeling exemptions for sensitive goods in CGE models, which was tested in the Canada-EU trade agreement and compared to standard approaches in CGE analysis. Common approaches may systematically overestimate trade and welfare impacts by neglecting partial liberalization in specific sectors and not considering substitution across tariff lines.
CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS-REVUE CANADIENNE D AGROECONOMIE
(2021)
Article
Environmental Sciences
Zhaojun Wang, Amanda M. Countryman, James J. Corbett, Mandana Saebi
Summary: The study demonstrates that the Ballast Water Management Convention effectively reduces invasion risk and does not disproportionately impact Small Island Developing States (SIDS) and Least Developed Countries (LDCs) economically.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2022)
Article
Economics
Yaghoob Jafari, Wolfgang Britz, Houssein Guimbard, Jayson Beckman
Summary: Computable general equilibrium (CGE) models often simplify modeling of tariff rate quotas (TRQs), but our research suggests the need for explicit representation of TRQs at the commodity detail level in trade impact assessments to avoid aggregation bias.
ECONOMIC MODELLING
(2021)
Article
Economics
Kai Liu, Masato Yamazaki, Atsushi Koike, Yueying Mu
Summary: The study suggests that relaxing import restrictions is a likely method to achieve sufficient corn supply, even though it may decrease domestic production and prices, increase imports and import prices, lead to a decrease in self-sufficiency, but benefit corn-related industries. The study also implies that expanding tariff-rate quotas is a better way to release trade restrictions in China.
JOURNAL OF ECONOMIC STUDIES
(2022)
Article
Business, Finance
Simon Schropp, Marinos Tsigas
Summary: Restricting Russian imports is an important tool in the Allies' sanction toolbox. The best strategy for achieving the Allies' objectives is to target specific imported products and increase tariffs by 20-25 percentage points. This approach minimizes harm to the Allies while inflicting maximum economic pain on Russia.
Article
Economics
Chiedza L. Muchopa
Summary: The study analyzed South Africa's utilization of tariff rate quotas (TRQs) provided by the EU for canned pears, apricots, and peaches from 2010 to 2019 and found that the utilization rate was low, resulting in welfare loss due to underutilization of the TRQ.
