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ID:
111159
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| Publication |
2012.
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| Summary/Abstract |
Many scholars have mounted convincing cases that the engagement of Australia and the European Union (EU) has been characterised by skirmishes regarding the Common Agricultural Policy and its distortion of world markets, and lack of Australian access to EU markets. This article illustrates that agricultural and agri-food trade constitutes a relatively small portion of Australia-EU trade flows; that Australia exports more goods to the EU than in the past; and that, in some agri-food sectors, it exports more goods to the EU than the EU does to Australia. Further, it argues that conflict and competition regarding the Common Agricultural Policy need to be understood in the broader context of world trade and in the context of a new and deeper engagement between the two interlocutors.
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| 2 |
ID:
162508
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| Summary/Abstract |
Based on estimation of the gravity equation, this article aims to scrutinise the trade effects emanating from the economic integration of the European Union (EU) by focusing on the trade diversion and trade creation effects of the fifth EU enlargement on 12 groups of agricultural and food products. This paper analyses the changes due to the EU’s enlargement of trade patterns in the agricultural and food sectors among the EU member states and between EU and non-EU countries as well as the effects of the enlargement on exports of agricultural and food products from selected Asian countries to the EU market. Our analysis shows no decline in exports from EU to non-EU countries. Trade creation effects are significantly high for 4 product groups: seafood, woody plants, beverages and tobacco, and animal and vegetable materials. However, trade diversion effects are found in animal and vegetable oils and textile fibres. Moreover, the economic integration has had no significant effect on exports from Asian countries, namely agricultural and food products. The data of 38 countries cover the period 1999–2015.
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