Work

Trade Creation and Diversion Effects and Exchange Rate Volatility in the Global Meat Trade

Year: 2015

Type: article

Abstract: A modified gravity model is specified and applied to meat trade markets to identify factors affecting bovine and swine meat trade flows.The model is used to evaluate the effects of bilateral and regional free trade agreements.This study reveals that gravity models can be effectively parameterized and used in single commodity trade studies.Using data from 1986 to 2009, the results show that income, population, production capacity, distance, and exchange rate volatility are major factors affecting meat trade.

Source: Journal of Economic Integration

DOI: 10.11130/jei.2015.30.2.240

Authors: David Karemera, Won Koo, Gerald Smalls, Louis Whiteside

Institution: South Carolina State University

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Zero hunger

Open Access status: bronze

Funders: Australian Government, Department of Agriculture, Fisheries and Forestry, Australian Government