Roles of Economic Integration and Climate Distance in Agri-Food Trade: Evidence from the Asia-Pacific Region
The Asia-Pacific region has gradually become a driver of global economic growth, with economic integration agreements (EIAs) and climate distance playing increasingly important roles in the agri-food trade in the 21st century. The recent signing and implementation of the Regional Comprehensive Econo...
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MDPI AG
2024-12-01
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| Series: | Agriculture |
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| author | Qingtun Kong Masaaki Yamada Jiajun Wang Muzi Li Haisong Nie |
| author_facet | Qingtun Kong Masaaki Yamada Jiajun Wang Muzi Li Haisong Nie |
| author_sort | Qingtun Kong |
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| description | The Asia-Pacific region has gradually become a driver of global economic growth, with economic integration agreements (EIAs) and climate distance playing increasingly important roles in the agri-food trade in the 21st century. The recent signing and implementation of the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have garnered global attention. This study examines the roles of different types of regional trade agreements and climate distance in the agri-food trade in the Asia-Pacific region and constructs a trade system involving 19 member countries of the RCEP and the CPTPP by analyzing panel data from 2003 to 2022. The Poisson pseudo-maximum likelihood estimator is employed to estimate an augmented gravity model that considers domestic trade flows, endogeneity issues, reverse causality, globalization effects, long-term effects, and overlapping membership. The empirical findings demonstrate that partial scope agreements and EIAs significantly promote bilateral agri-food trade, whereas temperature distance acts as a barrier and precipitation distance has a negligible effect. Overlapping members of the RCEP and CPTPP exhibit cumulative positive effects three years after the implementation of EIAs, resulting in an approximately 52.1% increase in the bilateral agri-food trade after ten years. Additionally, overlapping membership mitigates the long-term negative impact of temperature distance. This study reveals that the seven overlapping members of the RCEP and CPTPP in the Asia-Pacific region achieve greater benefits more quickly through EIAs, suggesting that overlapping membership can be an effective adaptive strategy for dealing with climate change. |
| format | Article |
| id | doaj-art-f33aff1fe9354e70a29b6d7ece1d7d3b |
| institution | Kabale University |
| issn | 2077-0472 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | MDPI AG |
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| series | Agriculture |
| spelling | doaj-art-f33aff1fe9354e70a29b6d7ece1d7d3b2025-01-10T13:13:23ZengMDPI AGAgriculture2077-04722024-12-011511210.3390/agriculture15010012Roles of Economic Integration and Climate Distance in Agri-Food Trade: Evidence from the Asia-Pacific RegionQingtun Kong0Masaaki Yamada1Jiajun Wang2Muzi Li3Haisong Nie4United Graduate School of Agricultural Science, Tokyo University of Agriculture and Technology, Tokyo 1838509, JapanInstitute of Agriculture, Tokyo University of Agriculture and Technology, Tokyo 1838509, JapanLaw School, Shanghai University of International Business and Economics, Shanghai 201620, ChinaUnited Graduate School of Agricultural Science, Tokyo University of Agriculture and Technology, Tokyo 1838509, JapanInstitute of Agriculture, Tokyo University of Agriculture and Technology, Tokyo 1838509, JapanThe Asia-Pacific region has gradually become a driver of global economic growth, with economic integration agreements (EIAs) and climate distance playing increasingly important roles in the agri-food trade in the 21st century. The recent signing and implementation of the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have garnered global attention. This study examines the roles of different types of regional trade agreements and climate distance in the agri-food trade in the Asia-Pacific region and constructs a trade system involving 19 member countries of the RCEP and the CPTPP by analyzing panel data from 2003 to 2022. The Poisson pseudo-maximum likelihood estimator is employed to estimate an augmented gravity model that considers domestic trade flows, endogeneity issues, reverse causality, globalization effects, long-term effects, and overlapping membership. The empirical findings demonstrate that partial scope agreements and EIAs significantly promote bilateral agri-food trade, whereas temperature distance acts as a barrier and precipitation distance has a negligible effect. Overlapping members of the RCEP and CPTPP exhibit cumulative positive effects three years after the implementation of EIAs, resulting in an approximately 52.1% increase in the bilateral agri-food trade after ten years. Additionally, overlapping membership mitigates the long-term negative impact of temperature distance. This study reveals that the seven overlapping members of the RCEP and CPTPP in the Asia-Pacific region achieve greater benefits more quickly through EIAs, suggesting that overlapping membership can be an effective adaptive strategy for dealing with climate change.https://www.mdpi.com/2077-0472/15/1/12economic integrationclimate changegravity modelRCEPCPTPPoverlapping membership |
| spellingShingle | Qingtun Kong Masaaki Yamada Jiajun Wang Muzi Li Haisong Nie Roles of Economic Integration and Climate Distance in Agri-Food Trade: Evidence from the Asia-Pacific Region Agriculture economic integration climate change gravity model RCEP CPTPP overlapping membership |
| title | Roles of Economic Integration and Climate Distance in Agri-Food Trade: Evidence from the Asia-Pacific Region |
| title_full | Roles of Economic Integration and Climate Distance in Agri-Food Trade: Evidence from the Asia-Pacific Region |
| title_fullStr | Roles of Economic Integration and Climate Distance in Agri-Food Trade: Evidence from the Asia-Pacific Region |
| title_full_unstemmed | Roles of Economic Integration and Climate Distance in Agri-Food Trade: Evidence from the Asia-Pacific Region |
| title_short | Roles of Economic Integration and Climate Distance in Agri-Food Trade: Evidence from the Asia-Pacific Region |
| title_sort | roles of economic integration and climate distance in agri food trade evidence from the asia pacific region |
| topic | economic integration climate change gravity model RCEP CPTPP overlapping membership |
| url | https://www.mdpi.com/2077-0472/15/1/12 |
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