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Impacts of Australia’s free trade agreements on trade in agricultural products: an aggregative and disaggregative analysis

澳大利亚自由贸易协定对农产品贸易的影响:聚合和分类分析

关键词:
来源:
Australian Journal of Agricultural and Resource Economics
全文链接1:
http://agri.ckcest.cn/topic/downloadFile/3163ceab-5fdf-4025-9f0b-a9b1f12af604
全文链接2:
https://onlinelibrary.wiley.com/doi/abs/10.1111/1467-8489.12377?campaign=wolearlyview
类型:
学术文献
语种:
英语
原文发布日期:
2020-05-04
摘要:
The importance of free trade agreements (FTAs) has been increasing as such agreements help reduce barriers to trade. This paper estimates the agricultural trade creation and export diversion effects of Australia’s free trade agreements (FTAs) at the aggregate and disaggregate levels, using the Poisson pseudo‐maximum‐likelihood (PPML) estimator. It includes 24 of Australia’s major trading partner countries comprising FTA and non‐FTA members and covers 22 years from 1996 to 2017. The heteroscedasticity robust regression error specification test (RESET) confirms the relevance of PPML over the Ordinary Least Square (OLS) estimator. Results showed that China–Australia, Korea–Australia, Australia–USA and Japan–Australia have larger trade creation effects in the agricultural sector. At the commodity level, variation in trade creation effects is estimated from the different trade agreements. Among the selected commodities, the larger effects were generated in trade in sugar and wine by the implementation of the majority of the trade agreements. Overall, the trade creation was greater than the export diversion of the FTAs. The findings of the study have implications for Australia's future trade agreements.
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