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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Main Author: Eyal Ronen
Format: Article
Language:English
Published: International Journal of Food and Agricultural Economics 2017-07-01
Series:International Journal of Food and Agricultural Economics
Subjects:
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
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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
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