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Agricultural and food trade in European Union countries, 1963?2000:a gravity equation approach

Author

Listed:
  • Raúl Serrano

    (Department of Business Administration, Facutad de Ciencias Económicas y Empresariales, Universidad de Zaragoza)

  • Vicente Pinilla

    (Department of Applied Economics, Facutad de Ciencias Económicas y Empresariales, Universidad de Zaragoza)

Abstract

The proliferation of regional trade agreements in the last decades of the 20th century has intensified the debate about the different processes of regional integration. This study contributes to this debate by analysing the principal determinants of the growth in trade flows of the countries making up the European Union. The work analyses EU agri?food trade from a disaggregated perspective, by products, imports and exports, from 1963 to 2000. An extended gravity equation model is estimated employing Prais? Weistein estimation and fixed effects in order to improve on the results reported in previous studies. The results of the present study show that in EU countries the growth of per capita income stimulated exports and reduced imports. Specifically, its exports were positively influenced by the presence of the home market effect, while its imports were strongly influenced by the effects of the liberalisation of intra?EU trade, as also occurred in the case of intra?EU trade flows.

Suggested Citation

  • Raúl Serrano & Vicente Pinilla, 2010. "Agricultural and food trade in European Union countries, 1963?2000:a gravity equation approach," Documentos de Trabajo (DT-AEHE) 1007, Asociación Española de Historia Económica.
    • Handle: RePEc:ahe:dtaehe:1007
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    References listed on IDEAS

    as
    1. Tyers,Rod & Anderson,Kym, 2011. "Disarray in World Food Markets," Cambridge Books, Cambridge University Press, number 9780521172318, January.
    2. Andrew K. Rose, 2004. "Do We Really Know That the WTO Increases Trade?," American Economic Review, American Economic Association, vol. 94(1), pages 98-114, March.
    3. Ra�l Serrano & Vicente Pinilla, 2006. "Causes of World Trade Growth in Agricultural and Food Products, 1951 - 2000," Documentos de Trabajo dt2006-07, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    4. André Sapir & Marco Buti, 1998. "Economic policy in EMU," ULB Institutional Repository 2013/8078, ULB -- Universite Libre de Bruxelles.
    5. Raúl Serranoa & Vicente Pinilla, 2010. "The Evolution and Changing Geographical Structure of World Agri-food Trade, 1950-2000," Working Papers 10-06, Association Française de Cliométrie (AFC).
    6. Andrew K. Rose, 2000. "One money, one market: the effect of common currencies on trade," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 15(30), pages 08-45.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Duarte, Rosa & Pinilla, Vicente & Serrano, Ana, 2021. "The globalization of Mediterranean agriculture: A long-term view of the impact on water consumption," Ecological Economics, Elsevier, vol. 183(C).
    2. Vicente Pinilla, 2024. "Agricliometrics and Agricultural Change in the Nineteenth and Twentieth Centuries," Springer Books, in: Claude Diebolt & Michael Haupert (ed.), Handbook of Cliometrics, edition 3, pages 1837-1869, Springer.
    3. Raúl Serrano & Vicente Pinilla, 2014. "New directions of trade for the agri-food industry: a disaggregated approach for different income countries, 1963–2000," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 23(1), pages 1-22, December.
    4. Raúl Serranoa & Vicente Pinilla, 2010. "The Evolution and Changing Geographical Structure of World Agri-food Trade, 1950-2000," Working Papers 10-06, Association Française de Cliométrie (AFC).
    5. Miguel Tinoco-Zermeño & Francisco Venegas-Martínez & Víctor Torres-Preciado, 2014. "Growth, bank credit, and inflation in Mexico: evidence from an ARDL-bounds testing approach," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 23(1), pages 1-22, December.
    6. Miguel Martín-Retortillo & Vicente Pinilla, 2019. "The fundamental causes of economic growth: a comparative analysis of the total factor productivity growth of European agriculture, 1950-2005," Documentos de Trabajo (DT-AEHE) 1912, Asociación Española de Historia Económica.
    7. Ra�l Serrano & Marta Fern�ndez-Olmos & Vicente Pinilla, 2015. "International diversification and performance in agri-food firms," Documentos de Trabajo dt2015-01, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    8. Vicente Pinilla & Miguel Martin-Retortillo, 2012. "Why did agricultural labour productivity not converge in Europe, 1950-2006?," Working Papers 12016, Economic History Society.
    9. Rosa Duarte & Vicente Pinilla & Ana Serrano, 2015. "Global water in a global world a long term study on agricultural virtual water flows in the world," Documentos de Trabajo dt2015-03, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    10. Miguel Martín-Retorillo & Vincente Pinilla, 2012. "Why did agricultural labour productivity not converge in Europe from 1950 to 2005?," Working Papers 0025, European Historical Economics Society (EHES).

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    More about this item

    Keywords

    International Agricultural Trade; Economic History of the European Union; Gravity equation;
    All these keywords.

    JEL classification:

    • N74 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: 1913-
    • N54 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: 1913-
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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