POTENTIAL TRADE EFFECTS OF TARIFF LIBERALIZATION UNDER THE TRANSATLANTIC TRADE AND INVESTMENT PARTNERSHIP (TTIP) FOR THE EU AGRI-FOOD SECTOR


Abstract

The aim of this article is to determine the potential trade effects of Transatlantic Trade and Investment Partnership (TTIP) for the EU agri-food sector. The ex post analysis covered the characteristics of agri-food trade between the EU and the US in the years 2004–2014 on the basis of statistical data from the database of the World Bank WITS. The ex ante evaluation was carried out using SMART – a partial equilibrium model. The results of the study indicate that although bilateral agri-food trade relations of the EU–US have relatively little importance, but it is significant at the individual industries level. TTIP agreement, which includes the reduction of tariff barriers to agri-food trade between the EU and the US, will contribute to boosting bilateral agri-food trade to a greater extent for the US. The creation of a free trade produces mostly creation effect, whereby it will be asymmetric – concentrated in a few product groups.

Keywords

agri-food trade; TTIP; SMART

Aichele R., Felbermayr G., Heiland I. (2014). Going Deep: The Trade and Welfare Effects of TTIP, CESifo Working Paper No. 5150, Category 8: Trade Policy, December, https://www.cesifo-group.de/de/ifoHome/publications/working-papers/CESifoWP/CESifoWPdetails?wp_id=19148232

Ambroziak Ł., Kaliszuk E. (2009). Strefa wolnego handlu Unia Europejska i Ukraina – skutki handlowe dla Polski, Gospodarka Narodowa, nr 11–12, s. 141–163.

Arita S., Mitchell L., Beckman J. (2015). Estimating the Effects of Selected Sanitary and Phytosanitary Measures and Technical Barriers to Trade on U.S.-EU Agricultural Trade, Economic Research Service USDA, November.

Beckman J., Arita S., Mitchell L., Burfisher M. (2015). Agriculture in the Transatlantic Trade and Investment Partnership: Tariffs, Tariff-Rate Quotas, and Non-Tariff Measures, ERR-198, U.S. Department of Agriculture, Economic Research Service, November.

Bureau J–Ch., Disdier A.–C., Emlinger Ch., Fouré J., Felbermayr G., Fontagné L., Jean S. (2014). Risks and opportunities for the EU agri-food sector in a possible EU-US trade agreement. Study, Policy Department B: Structural and Cohesion Policies European Parliament, Brussels, July; http://www.europarl.eu-ropa.eu/RegData/etudes/STUD/2014/514007/AGRI_IPOL_STU%282014%29514007_EN.pdf.

Capadlo J. (2014). The trans-Atlantic Trade and Investment Partnership: European Disintegration, Unemployment and Instability, Global Development and Environment Institute, Working Paper No. 14-03 , Tufts University, October,

Cororaton C. B., Orden D. (2016). Potential Economic Effects of the Reduction in Agricultural and Nonagricultural Trade Barriers in the Transatlantic Trade and Investment Partnership, GII Working Paper No. 2016–1, Institute for Society, Culture and Environment, Virginia Tech, April.

Ecorys 2009. Non-Tariff Measures in EU-US Trade and Investment – An Economic Analysis, Reference: OJ 2007/S 180-219493, Final Report, Rotterdam, December.

Ecorys (2016). Trade SIA on the Transatlantic Trade and Investment Partnership (TTIP) between the EU and the USA. Draft Interim Technical Report, European Commission, Brussels, May.

Felbermayr G., Heid B., Larch M., Yalcin E. (2014). Macroeconomic potentials of transatlantic free trade: A high resolution perspective for Europe and the world, Economic Policy Sixtieth Panel Meeting Hosted by the Einaudi Institute for Economics and Finance (EIEF) Supported by Banca d’Italia, Rome, October.

Fontagné, L., Gourdon, J., and Jean, S. (2013). Transatlantic Trade: Whither Partnership, Which Economic Consequences? CEPII Policy Brief 2013-01, Paris, September, http://www.cepii.fr/ PDF_PUB/pb/2013/pb2013-01.pdf

Francois, J., Manchin, M., Norberg, H., Pindyuk, O., Tomberger, P. (2013). Reducing Transatlantic Barriers to Trade and Investment: An Economic Assessment, Centre for Economic Policy Research, London, March, http:// trade.ec.europa.eu/doclib/docs/2013/march/tradoc_150737.pdf

Hagemejer J., Michałek J.J., Pawlak K. (2016). Ocena wpływu podpisania TTIP na polski sektor rolny i spożywczy, Warszawa, marzec (materiał niepublikowany).

Josling T., Tangermann S. (2014). Agriculture, Food and the TTIP: Possibilities and Pitfalls, Paper No. 1 in the CEPS–CTR project „TTIP in the Balance” and CEPS Special Report No. 99/December

Khorana S., Kimbugwe K., Perdikis N. (2009). The impact of tariff reductions under the East African Community Customs Union: Intra-trade effects on Uganda, Journal of Economic Integration, 24(4), s. 685–708.

Parlament Europejski (2015). Negocjacje w sprawie transatlantyckiego partnerstwa handlowo-inwestycyjnego (TTIP). Rezolucja Parlamentu Europejskiego z dnia 8 lipca 2015 r. zawierająca zalecenia Parlamentu Europejskiego dla Komisji Europejskiej dotyczące negocjacji w sprawie transatlantyckiego partnerstwa handlowo-inwestycyjnego (TTIP) (2014/2228(INI)).

Pawlak K. (2015). Metodologiczne aspekty badań nad skutkami zmian polityki handlowej w sektorze rolno-spożywczym, (w:) Problemy rozwoju rolnictwa i gospodarki żywnościowej w pierwszej dekadzie członkostwa Polski w Unii Europejskiej, A. Czyżewski, B. Klepacki (red.), Polskie Towarzystwo Ekonomiczne, Warszawa, s. 547–567.

Pelkmans J., Lejour A., Schrefler L., Mustilli F, Timini J. (2014). EU-US Transatlantic Trade and Investment Partnership, Detailed Appraisal of the European Commission's Impact Assessment, European Parliamentary Research Service, European Parliament, Brussels, April.

Poczta-Wajda A., Sapa A. (2011). Modelowanie rynków rolno-żywnościowych z wykorzystaniem matematycznych modeli równowagi ogólnej i częściowej (w:) A. Grzelak, K. Pająk (red.), Nowe trendy w metodologii nauk ekonomicznych i możliwości ich wykorzystania w procesie kształcenia akademickiego. T. 2: Problemy szczegółowe metodologii nauk ekonomicznych., Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu, Poznań, s. 260–284.

Puccio L, (2016). EU-US negotiations on TTIP. A survey of current issues. In-Depth Analysis, European Parliamentary Research Service, July, http://www.europarl.europa.eu/RegData/etudes/IDAN/2016/586606/EPRS_IDA(2016)586606_EN.pdf.

Rowiński J., Bułkowska M. (2013). Strategie i kierunki rozwoju rolnictwa europejskiego (2). Materiały do syntezy. Raport PW 2011-2014 nr 96, IERiGŻ-PIB, Warszawa.

World Tariff Profiles 2015 (2015). WTO OMC, ITC, UNCTAD, Geneva.

World Trade Institute (2016). TTIP and the EU member states An assessment of the economic impact of an ambitious Transatlantic Trade and Investment Partnership at EU Member State level, Bern, January.
Download

Published : 2017-12-31


Poczta-Wajda, A., & Sapa, A. (2017). POTENTIAL TRADE EFFECTS OF TARIFF LIBERALIZATION UNDER THE TRANSATLANTIC TRADE AND INVESTMENT PARTNERSHIP (TTIP) FOR THE EU AGRI-FOOD SECTOR. Journal of Agribusiness and Rural Development, 44(2), 421–433. https://doi.org/10.17306/J.JARD.2017.00308

Agnieszka Poczta-Wajda  agnieszka.poczta@ue.poznan.pl
Uniwersytet Ekonomiczny w Poznaniu  Poland
Agnieszka Sapa 
Uniwersytet Ekonomiczny w Poznaniu  Poland


CitedBy Crossref
2

CitedBy Scopus
0

HTML tutorial

This journal permits and encourages authors to post items submitted to the journal on personal websites or institutional repositories both prior to and after publication, while providing bibliographic details that credit, if applicable, its publication in this journal.