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European Common Agricultural Policy Impacts On Developing Countries Commodities Prices

Author

Listed:
  • Francesco CARACCIOLO
  • Elisabetta GOTOR
  • Fabio Gaetano SANTERAMO

Abstract

This study assesses the effects of CAP changes on the agricultural commodities' price transmission mechanism between selected developing countries and world markets. The analysis refers to four different countries: Bangladesh, Ethiopia, Ghana and Tanzania and three important staple food: maize, rice and wheat. Time series econometric models analyze price dynamics within different levels of EU subsidies. During the evaluation period (2000-2010) no empirical relationship has been detected among the EU subsidies for rice and world price of rice. On the contrary at least for maize sector and for Ethiopia and Tanzania, EU agricultural policies seemed not neutral.

Suggested Citation

  • Francesco CARACCIOLO & Elisabetta GOTOR & Fabio Gaetano SANTERAMO, 2014. "European Common Agricultural Policy Impacts On Developing Countries Commodities Prices," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 14(2).
    • Handle: RePEc:eaa:eerese:v:14:y2014:i:2_2
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    File URL: http://www.usc.es/economet/reviews/eers1422.pdf
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    References listed on IDEAS

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    1. Anderson, Kym & Martin, Will & Valenzuela, Ernesto, 2006. "The relative importance of global agricultural subsidies and market access," World Trade Review, Cambridge University Press, vol. 5(3), pages 357-376, November.
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    6. Antonio Cioffi & Fabio Gaetano Santeramo & Cosimo Damiano Vitale, 2011. "The price stabilization effects of the EU entry price scheme for fruit and vegetables," Agricultural Economics, International Association of Agricultural Economists, vol. 42(3), pages 405-418, May.
    7. Huan-Niemi, Ellen & Kerkela, Leena & Lehtonen, Heikki & Niemi, Jyrki S., 2009. "Implications of Trade Liberalization and Domestic Reforms on EU Agricultural Markets," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 12(4), pages 1-32, November.
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    Cited by:

    1. Tedesco, Ilaria & Pelloni, Alessandra & Trovato, Giovanni, 2015. "Oecd Agricultural Subsidies And Poverty Rates In Lower Income Countries," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 3(2), pages 1-19, April.

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    More about this item

    Keywords

    CAP; staple food; price transmission.;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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