Agricultural trade in North America: Trade creation, regionalism and regionalisation

Dragan Miljkovic, Rodney Paul

Research output: Contribution to journalArticle

9 Scopus citations

Abstract

Trade creation in agricultural products is defined as a statistically significant positive break in the trend function of the growth in exports and imports between member countries. The present study attempts to determine the time of any break in the trend of real exports and imports between the Canada-USA Free Trade Agreement (CUSTA) and the North American Free Trade Agreement (NAFTA) member countries for the years 1980:I through 1999:II, and document the scale of the phenomenon. The present study finds trade creation only occurs in USA agricultural exports to Canada because of CUSTA. The results confirm the theory that the regionalism of NAFTA did not lead to regionalisation or an increasing share of intraregional international trade.

Original languageEnglish (US)
Pages (from-to)349-366
Number of pages18
JournalAustralian Journal of Agricultural and Resource Economics
Volume47
Issue number3
DOIs
StatePublished - Sep 2003
Externally publishedYes

ASJC Scopus subject areas

  • Agricultural and Biological Sciences (miscellaneous)
  • Economics and Econometrics

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