Analysing EU dairy exports: indicators of non-tariff measures and gravity

In the prospect of on-going EU trade negotiations, we investigate non-tariff measures (NTMs) on key EU dairy exports markets. After combining latest publicly available NTM datasets, we calculate frequency and coverage ratios in order to take stock of existing measures. Subsequently, we quantify the...

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Bibliographic Details
Published inIDEAS Working Paper Series from RePEc
Main Authors Sanjuan, Ana Isabel, Rau, Marie-Luise, Oudendag, Diti, Himics, Mihaly
Format Paper
LanguageEnglish
Published St. Louis Federal Reserve Bank of St. Louis 01.01.2017
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Summary:In the prospect of on-going EU trade negotiations, we investigate non-tariff measures (NTMs) on key EU dairy exports markets. After combining latest publicly available NTM datasets, we calculate frequency and coverage ratios in order to take stock of existing measures. Subsequently, we quantify the NTM impact on EU dairy exports by a gravity estimation. In our model, we explicitly single out SPS and TBT measures and find that they dominate the negative trade effect. Our results underline the need to address NTM issues in EU trade negotiations to secure potential export markets.