Trade creation and trade diversion in the EEC: a case study for milk

Young, S. (1975) Trade creation and trade diversion in the EEC: a case study for milk. Journal of Agricultural Economics, 26(2), pp. 197-208. (doi: 10.1111/j.1477-9552.1975.tb01460.x)

Abstract

This paper attempts to assess the trade creation and trade diversion effects of E.E.C. agricultural policy as applied to two milk products-butter and cheese. These commodities are important since they represent a significant part of international trade in temperate zone products. In addition, it is in dairy products that the C.A.P. has had, perhaps, its most distorting effect on trade. Although only these two commodities are considered, it is possible that the methodology used may have applications in other agricultural sectors. Furthermore, while the analysis is restricted to trade in the original E.E.C., the results may provide some insight into the likely effects of its enlargement.

• Item Type: Articles
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Young, Professor Stephen
• Authors: Young, S.
• College/School: College of Social Sciences > Adam Smith Business School > Management
• Journal Name: Journal of Agricultural Economics
• ISSN: 0021-857X
• ISSN (Online): 1477-9552