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The Role of Export Restrictions in Agricultural Trade

Author

Listed:
  • Carmen Estrades

    (Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República)

  • Manuel Flores

    (Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República y Geneva School of Economics and Management (Suiza))

  • Guillermo Lezama

    (Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República)

Abstract
Between 2006 and 2011, in a global context of rising food prices, many countries applied price-isolating policies, among them export restrictions. As countries are not obliged to notify WTO about the imposition of export restrictions, there is not good information about the measures applied. We fill this void by building a comprehensive database on export restrictions applied in the agricultural sector worldwide between 2005 and 2014. Using the Export Restriction in Agriculture (ERA) database, we assess the effects of export restrictions on agricultural trade and global food prices in 2005-2013. To do so, we estimate a disaggregated gravity model of trade. Clear evidence of export restrictions affecting world prices is limited to a handful of sectors, and weak evidence suggests that it may exist in some other sectors. We also find weak evidence of an impact of import promoting policies on agricultural prices. These results highlights the idea that export restrictions should be addressed at the multilateral level, but negotiations on export restrictions should not be disassociated from talks on other price-insulating policies.

Suggested Citation

  • Carmen Estrades & Manuel Flores & Guillermo Lezama, 2017. "The Role of Export Restrictions in Agricultural Trade," Documentos de Trabajo (working papers) 0417, Department of Economics - dECON.
    • Handle: RePEc:ude:wpaper:0417
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    File URL: https://hdl.handle.net/20.500.12008/19975
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    Cited by:

    1. Solleder, Jean-Marc, 2020. "Market power and export taxes," European Economic Review, Elsevier, vol. 125(C).
    2. Beckman, Jayson & Dyck, John & Heerman, Kari, 2017. "The Global Landscape of Agricultural Trade, 1995-2014," Economic Information Bulletin 265270, United States Department of Agriculture, Economic Research Service.
    3. Harold Glenn A. Valera & Mark J. Holmes & Valerien O. Pede & Jean Balié, 2023. "How convergent are rice export prices in the international market?," Agricultural Economics, International Association of Agricultural Economists, vol. 54(1), pages 127-141, January.
    4. Xi He, 2022. "Political and economic determinants of export restrictions in the agricultural and food sector," Agricultural Economics, International Association of Agricultural Economists, vol. 53(3), pages 439-453, May.
    5. B. A. Kheifets & V. Yu. Chernova, 2022. "Effects of Export Control Policy on Food Security: The Case of the Grain Market in Russia," Studies on Russian Economic Development, Springer, vol. 33(2), pages 211-217, April.
    6. Wenshou Yan & Yan Cai & Faqin Lin & Dessie Tarko Ambaw, 2021. "The Impacts of Trade Restrictions on World Agricultural Price Volatility during the COVID‐19 Pandemic," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 29(6), pages 139-158, November.
    7. Jayson Beckman & Carmen Estrades & Angel Aguiar, 2019. "Export taxes, food prices and poverty: a global CGE evaluation," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 11(1), pages 233-247, February.
    8. Santiago Guerrero & Ben Henderson & Hugo Valin & Charlotte Janssens & Petr Havlik & Amanda Palazzo, 2022. "The impacts of agricultural trade and support policy reform on climate change adaptation and environmental performance: A model-based analysis," OECD Food, Agriculture and Fisheries Papers 180, OECD Publishing.

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    More about this item

    Keywords

    export restrictions; export taxes; export bans; agricultural prices; gravity model;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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