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Agricultural Economics

Louisiana State University

2016

Gravity model

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Potential Impacts Of The Tpp On Agricultural Trade In The Asia-Pacific Region Utilizing A Gravity Model Framework, Chloe Michelle Worley Jan 2016

Potential Impacts Of The Tpp On Agricultural Trade In The Asia-Pacific Region Utilizing A Gravity Model Framework, Chloe Michelle Worley

LSU Master's Theses

This study examines the impacts RTAs have had in the Asia-Pacific region regarding agricultural trade flows in order to make a prediction on how the proposed TPP agreement will affect the region. The estimation was carried out using a Gravity Model framework to observe the trade creation and trade diversion effects of five existing RTAs in the Asia-Pacific region. These agreements include NAFTA, AFTA, MERCOSUR, APEC, and CER. It is expected that RTAs were to have a positive effect for trade creation and a negative trade diversion effect. The gravity model included export flows of agricultural commodities (defined as food …