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  • 标题:Impacts of the U.S.-Central America-Dominican Republic Free Trade Agreement - the Apple Case
  • 本地全文:下载
  • 作者:Fu, Shengfei ; Epperson, James E. ; Ames, Glenn C.W.
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2012
  • 期号:Suppl
  • 出版社:Journal of Agribusiness
  • 摘要:The U.S.-Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) levels the playing field of trade between the United States and the six CAFTA-DR partner countries. Half of U.S. farm products gain immediate tariff-free access to the markets of the CAFTA-DR region. All Tariffs will be eliminated in 20 years. Under CAFTA-DR, tariffs on an important U.S. fresh fruit export to the region, fresh apples, declined from an initial base of 15%-25% in CAFTA-DR countries to zero immediately upon enforcement. The specific objective of this research is to analyze the impact of tariff elimination under CAFTA-DR on the trade of U.S. fresh apples. Generalized Method of Moments (GMM) is used for the analysis involving an excess-supply-excess-demand model with monthly trade data from January 2000 to December 2010. The more telling empirical results indicate that for each of the six CAFTA-DR countries, tariff elimination positively promotes U.S. apple exports to this region.
  • 关键词:CAFTA-DR;trade liberalization;tariff elimination;Generalized Method of Moments (GMM)
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