A THRESHOLD-VAR APPROACH TO ASSESS THE EFFICACY OF THE EU IMPORT REGIME
The efficacy of the entry price policy in the European fresh fruits and vegetables sector is not well understood. We investigate econometrically the efficacy of the import policy. The analysis estimates a threshold vector autoregressive model using data on imports the main competing country on th...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
International Journal of Food and Agricultural Economics
2014-01-01
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| Series: | International Journal of Food and Agricultural Economics |
| Subjects: | |
| Online Access: | http://www.foodandagriculturejournal.com/vol2.no1.pp1.pdf |
| Summary: | The efficacy of the entry price policy in the European fresh fruits and vegetables sector is not
well understood. We investigate econometrically the efficacy of the import policy. The
analysis estimates a threshold vector autoregressive model using data on imports the main
competing country on the European Union domestic markets. Our results allow concluding
on the insulating effects induced by the entry price system. We argue that the quota
restrictions are likely to provide larger contribution to the domestic market stabilization.
Policy implications are provided. |
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| ISSN: | 2147-8988 |