Analysis on the effects of TBT on Vietnamese agricultural exports
Journal Title: International Journal of Financial Economics - Year 2015, Vol 4, Issue 1
Abstract
With the trade liberalization, the traditional tariff barriers and other non-tariff barriers have become less and less gradually. However, technical trade barriers have turned into the significant obstacle in the trade development among nations. Due to difference of economy development and technical level, developing countries have much difficulty meeting standard of developed countries, thus, technical trade barriers have been used as the tool of trade protection by developed countries. Vietnamese exports of agricultural products account for a larger proportion of domestic GDP, in export trade, agricultural products are playing an increasingly important role. However, since 2007 years the accession to WTO, when Vietnam enjoys the MFN status, agriculture is facing an unprecedented challenge. It is obvious that Vietnamese exports of agricultural products suffer from foreign technical tariff barriers. By establishing a series of strict standards, major countries and regions restrict the import of agricultural products from Vietnam for the sake of consumers, and health of human being, ecological environment, and unqualified agricultural products of Vietnam. This paper makes a brief introduction of concept, feature and mechanism of action of technical trade barriers; secondly, it makes further analysis that status quo and analysis of causes of technical trade barriers Vietnam’s agricultural products suffer. Through gravity model to measure the impact of the number of agricultural products residue limits on aquatic trade and the cross-sectional data of Vietnam’s aquatic exports in European Union, the United states and Japan during the 12 years 1998-2010 to measure the impact of TBT to agricultural exports. The effect resulting from Vietnam’s implementation of pollution-free products promotes export. Lastly, this paper puts forward solutions to breaking through foreign technical tariff barriers so as to reduce loss of export trade of agricultural products.
Authors and Affiliations
Phan Hoang Minh Tuan
Keywords
Related Articles
- EP ID EP27295
- DOI -
- Views 392
- Downloads 10
Macroeconomic Variables and Capital Market Performance: Evidence from Nigeria
The study aims at determining the causalities, correlation, cointegration and the relationship between the Nigeria Stock Exchange All Share Index(ASI), which is the proxy for capital market performance and macroeconomi...
Investigating the Impact of Market Power on Foreign Direct Investment Absorption in Concentrated and Unconcentrated Industries in Iran
The central purpose of this thesis is investigating the relationship between market structure and absorption of foreign direct investment in Iran manufacturing industries. Four firm concentration ratio and Herfindahl -H...
The Financial Determinants of Private Investment in Ghana
This paper examines the financial determinants of private investment in Ghana using annual time series data from 1970 to 2010. Based on the autoregressive distributed lag (ARDL) bounds testing procedure to cointegratio...
Nigerian Banks and Global Challenges: Further Evidence
This paper X-rays the Nigerian banking sector as well as the various reforms embarked by the Central Bank of Nigeria to strengthen Nigerian banks. Ranking of Nigerian banks among the top 1000 world banks was also exami...
Across Tax Mountains Assessing the Impact of Competition on the Laffer Curve
Regarding states and state-like entities as producers and taxation as a price for the goods and services provided by State, and, more importantly, as a price for the existence of the State itself, this study connects t...