Resource Center

Advanced Search
Technical Papers
Working Papers
Research Memoranda
GTAP-L Mailing List
GTAP FAQs
CGE Books/Articles
Important References
Submit New Resource

GTAP Resources: Resource Display

GTAP Resource #5981

"The impacts to food consumers of a Transatlantic Trade and Investment Partnership"
by Jafari, Yaghoob, Wolfgang Britz and Jayson Beckman


Abstract
Primary agriculture is a textbook example of competitive supply with many producers outputting homogenous products, in contrast to firms in the processed food sector produce heterogeneous products while differing in productivity. Our model of trade reform explicitly accounts for the differences between the markets for primary agriculture and food processing. To demonstrate this point, we use a computable general equilibrium (CGE) model to quantify potential impacts of a trade agreement between the EU and US. Crucially, our heterogeneity-firm setup allows for the allocation of NTMs as ‘fixed costs’, which provides an alternative angle to previous literature that only considered NTM costs in a more conventional framework (e.g., tariff equivalent). Further, the use of this framework allows us to provide detailed welfare impacts, providing more information on the impacts to consumers who purchase mainly processed food and little primary agricultural output, a point often unrepresented in previous analysis of NTM reform.


Resource Details (Export Citation) GTAP Keywords
Category: Other CGE Application
Status: Published
By/In: Bio-based and Applied Economics
Date: 2018
Version: 2
Created: Jafari, Y. (1/30/2020)
Updated: Batta, G. (1/30/2020)
Visits: 1,073
No keywords have been specified.


Attachments
If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.


Public Access
No documents have been attached.

Restricted Access
No documents have been attached.


Special Instructions
No instructions have been specified.


Comments (0 posted)
You must log in before entering comments.

No comments have been posted.