期刊名称：Journal of Agricultural and Resource Economics
印刷版ISSN：1068-5502
出版年度：2019
卷号：44
期号：2
页码：267-290
出版社：WAEA
摘要：We investigate the impacts of Comprehensive Economic and Trade Agreement (CETA)liberalizations of trade and investment barriers on processed food markets. Using a four-regionmonopolistic competition model with heterogeneous food-processing firms that incorporatesdomestically operating, exporting, and multinational enterprise (MNE) firms, we quantify theeffects of tariff elimination, fixed trade cost reduction, and foreign direct investment (FDI) costreduction under CETA on prices, domestic sales, bilateral trade flows, affiliate sales, productivity,number of firms, and aggregate output. Our results highlight that trade liberalization promotesbilateral exports but reduces foreign affiliate sales, and, in contrast, lower FDI costs expand MNEaffiliate sales but curtail bilateral exports.
