THE TRADE-ENHANCING EFFECT OF NON-TARIFF MEASURES ON VIRGIN OLIVE OIL
Over the last 15 years, the global trade of virgin olive oil (VOO) seems to face a stringent regulatory regime, mainly through the imposition of TBT and SPS measures. Such a development should have adversely impacted global levels of VOO trade. However, evidence shows that the world's import...
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Format: | Article |
Language: | English |
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International Journal of Food and Agricultural Economics
2017-07-01
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Series: | International Journal of Food and Agricultural Economics |
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Online Access: | http://www.foodandagriculturejournal.com/Vol5.No3.pp9.pdf |
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author | Eyal Ronen |
author_facet | Eyal Ronen |
author_sort | Eyal Ronen |
collection | DOAJ |
description | Over the last 15 years, the global trade of virgin olive oil (VOO) seems to face a
stringent regulatory regime, mainly through the imposition of TBT and SPS measures.
Such a development should have adversely impacted global levels of VOO trade.
However, evidence shows that the world's imports of VOO have more than quadrupled
in value since 2000. Alongside this trend, the share of VOO imports gradually shifts from
traditional sources (mainly EU) to New World producing countries, such as Argentina,
Australia, the USA, and Chile. By extracting data from hundreds of NTM regulations, as
well as all possible registered bilateral trade flows between 2002 to 2014, this paper aims
to empirically explore to what extent particular NTMs impact imports of VOO. The
results indicate that while tariffs remain a stringent barrier, most NTMs have a positive
impact on imports, rather than enhancing restrictiveness. The paper asserts that the
majority of NTMs respond to consumers' demand for higher food safety standards and
protection of human health, while increasing available information and transparency.
That, in turn, leads to an expansion in the magnitude of imports of VOO products |
first_indexed | 2024-04-10T11:32:13Z |
format | Article |
id | doaj.art-9d10c532c9014e11ba3d3e3529966734 |
institution | Directory Open Access Journal |
issn | 2147-8988 |
language | English |
last_indexed | 2024-04-10T11:32:13Z |
publishDate | 2017-07-01 |
publisher | International Journal of Food and Agricultural Economics |
record_format | Article |
series | International Journal of Food and Agricultural Economics |
spelling | doaj.art-9d10c532c9014e11ba3d3e35299667342023-02-15T16:18:03ZengInternational Journal of Food and Agricultural EconomicsInternational Journal of Food and Agricultural Economics2147-89882017-07-0153926THE TRADE-ENHANCING EFFECT OF NON-TARIFF MEASURES ON VIRGIN OLIVE OILEyal Ronen0University of Warsaw, PolandOver the last 15 years, the global trade of virgin olive oil (VOO) seems to face a stringent regulatory regime, mainly through the imposition of TBT and SPS measures. Such a development should have adversely impacted global levels of VOO trade. However, evidence shows that the world's imports of VOO have more than quadrupled in value since 2000. Alongside this trend, the share of VOO imports gradually shifts from traditional sources (mainly EU) to New World producing countries, such as Argentina, Australia, the USA, and Chile. By extracting data from hundreds of NTM regulations, as well as all possible registered bilateral trade flows between 2002 to 2014, this paper aims to empirically explore to what extent particular NTMs impact imports of VOO. The results indicate that while tariffs remain a stringent barrier, most NTMs have a positive impact on imports, rather than enhancing restrictiveness. The paper asserts that the majority of NTMs respond to consumers' demand for higher food safety standards and protection of human health, while increasing available information and transparency. That, in turn, leads to an expansion in the magnitude of imports of VOO productshttp://www.foodandagriculturejournal.com/Vol5.No3.pp9.pdfNon-Tariff MeasuresSanitary and phytosanitaryTechnical Barriers to TradeVirgin Olive Oil |
spellingShingle | Eyal Ronen THE TRADE-ENHANCING EFFECT OF NON-TARIFF MEASURES ON VIRGIN OLIVE OIL International Journal of Food and Agricultural Economics Non-Tariff Measures Sanitary and phytosanitary Technical Barriers to Trade Virgin Olive Oil |
title | THE TRADE-ENHANCING EFFECT OF NON-TARIFF MEASURES ON VIRGIN OLIVE OIL |
title_full | THE TRADE-ENHANCING EFFECT OF NON-TARIFF MEASURES ON VIRGIN OLIVE OIL |
title_fullStr | THE TRADE-ENHANCING EFFECT OF NON-TARIFF MEASURES ON VIRGIN OLIVE OIL |
title_full_unstemmed | THE TRADE-ENHANCING EFFECT OF NON-TARIFF MEASURES ON VIRGIN OLIVE OIL |
title_short | THE TRADE-ENHANCING EFFECT OF NON-TARIFF MEASURES ON VIRGIN OLIVE OIL |
title_sort | trade enhancing effect of non tariff measures on virgin olive oil |
topic | Non-Tariff Measures Sanitary and phytosanitary Technical Barriers to Trade Virgin Olive Oil |
url | http://www.foodandagriculturejournal.com/Vol5.No3.pp9.pdf |
work_keys_str_mv | AT eyalronen thetradeenhancingeffectofnontariffmeasuresonvirginoliveoil AT eyalronen tradeenhancingeffectofnontariffmeasuresonvirginoliveoil |