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This paper investigates the international wine trade based on a new sophistication index (called C-Consy) focused on import flows. We posit that the sophistication level of destination countries provides relevant information on the kind of competition a product is going to meet in the final market. The sophistication level for the clients of the major world exporters is assessed for the 2006/07–2016/17 timespan. The main results of our analysis can be summarized as follows: (a) as expected, the category of bottled wines is more sophisticated than the one of bulk wines. However, for some exporters the destination markets for the latter are, indeed, more sophisticated; the C-Consy for sparkling wines varies widely across the destination markets of the main exporters here analyzed, suggesting a variety of different uses; (b) Products sold by the Old Wine World are generally more sophisticated, this is particularly true for Italy and France together with New Zealand which belongs to the so called New Wine World; (c) some exporters differentiate their destinations widely, especially according to wine items, while others concentrate their set of clients in the search for synergies.
Anna Carbone; Federica Demaria; Roberto Henke. The Sophistication of International Wine Trade: A New Import Measure. Italian Economic Journal 2021, 7, 199 -218.
AMA StyleAnna Carbone, Federica Demaria, Roberto Henke. The Sophistication of International Wine Trade: A New Import Measure. Italian Economic Journal. 2021; 7 (2):199-218.
Chicago/Turabian StyleAnna Carbone; Federica Demaria; Roberto Henke. 2021. "The Sophistication of International Wine Trade: A New Import Measure." Italian Economic Journal 7, no. 2: 199-218.
Nowadays, trade negotiations afford both liberalism- and protectionism-oriented policies. Indeed, in recent decades, the developed countries have been actively engaged in negotiating many preferential agreements to integrate developing countries (DCs) into world trade and encourage their economic growth, but many of these schemes contrast with the complex rules, often imposed on international markets, that still are an obstacle for exporters. Their presence and related costs reduce the importance of preferential trade agreements (PTAs) in increasing trade flows. This article attempts to assess the impact of preferential trade policies on trade flows controlling for different non-tariff barriers (NTBs), using a structural gravity model. The analysis uses disaggregated data, registered in the year 2017, on EU imports (defined at level HS-6 digit) from a large number of exporters (187 developed and developing countries) and also includes the intra-EU trade. Our results show robust and positive estimates for the impact of preferences on bilateral trade flows, however, higher non-tariff barriers are likely to play a role in reducing both the extensive margins of trade, and so tariff preferences alone are not sufficient to access international markets. The impact of NTBs on the intensive margin of trade is ambiguous; some measures may act as catalysts and therefore increase trade, and others may act as an additional cost of trade and thus hinder trade.
Maria Cipollina; Federica DeMaria. The Trade Effect of the EU’s Preference Margins and Non-Tariff Barriers. Journal of Risk and Financial Management 2020, 13, 203 .
AMA StyleMaria Cipollina, Federica DeMaria. The Trade Effect of the EU’s Preference Margins and Non-Tariff Barriers. Journal of Risk and Financial Management. 2020; 13 (9):203.
Chicago/Turabian StyleMaria Cipollina; Federica DeMaria. 2020. "The Trade Effect of the EU’s Preference Margins and Non-Tariff Barriers." Journal of Risk and Financial Management 13, no. 9: 203.
Using Eurostat and OECD data on agri-food exports, this article provides a picture of the evolution in the similarity between Italian and other European Mediterranean countries’ exports, before and after the recent financial crisis. Considering different indexes, the similarity is somewhat moderate and does not vary noticeably among the indexes when considering the EU-25 market. By contrast, a strong qualitative dissimilarity is recorded in the North American market. Overall, France and Spain appear more similar to Italy and likely to compete in the same agri-food market segments. The crisis seems associated to a slight modification of the exports structure.
Sandro Rondinella; Mariarosaria Agostino; Federica DeMaria; Sophie Drogué. Similarity and Competition in the Agri-Food Trade among European Mediterranean Countries. The International Trade Journal 2019, 33, 444 -468.
AMA StyleSandro Rondinella, Mariarosaria Agostino, Federica DeMaria, Sophie Drogué. Similarity and Competition in the Agri-Food Trade among European Mediterranean Countries. The International Trade Journal. 2019; 33 (5):444-468.
Chicago/Turabian StyleSandro Rondinella; Mariarosaria Agostino; Federica DeMaria; Sophie Drogué. 2019. "Similarity and Competition in the Agri-Food Trade among European Mediterranean Countries." The International Trade Journal 33, no. 5: 444-468.
The purpose of this article is to analyze the relation between public health and the regulations of Maximum Residue Limit (MRL) of pesticides. Many authors underline the role of trade protectionism in fixing these limits, whereas these regulations should be intended for public health protection. We first establish the link between the MRL for a given chemical in plant products and its level of toxicity. In order to perform this analysis, we cross the FAS USDA MRL database and the classification of the long-term toxicological effects (LTE) for active substances provided by SAgE pesticide. We then compute a synthetic and polyvalent tool, namely, “Health Score,” which provides a first overview of the link between LTE and MRL by country. Then this score is regressed in a logit model in order to identify the relationship between the countries’ Health Score and the socioeconomic and political characteristics of such areas. Results highlight the importance of public health expenditures in determining the settings of MRL toward stricter levels.
Myriam Carrère; Federica DeMaria; Sophie Drogué. Maximum residual levels of pesticides and public health: best friends or faux amis? Agricultural Economics 2017, 49, 111 -118.
AMA StyleMyriam Carrère, Federica DeMaria, Sophie Drogué. Maximum residual levels of pesticides and public health: best friends or faux amis? Agricultural Economics. 2017; 49 (1):111-118.
Chicago/Turabian StyleMyriam Carrère; Federica DeMaria; Sophie Drogué. 2017. "Maximum residual levels of pesticides and public health: best friends or faux amis?" Agricultural Economics 49, no. 1: 111-118.
The relationships between sustainable behavior, firm reputation, and economic performance are significant issues that continue to become more important. Corporate reputation has important implications for economic performance while corporate social responsibility engagement is considered a key determinant of reputation. The aim of this study is to empirically test such relationships regarding the banking sector and for the sub-prime crisis period (2008–2012). We apply our hypothesis to 75 large international banks using Reputation Institute and ASSET4 data and adopting a multiple econometric approach. Our initial results are encouraging and consistent with the existing literature: bank reputation is positively related to accounting performance and is negatively related to leverage and riskiness profiles. However, while a positive relationship between reputation and social performance exists, relationships between reputation, corporate governance, and environmental performance are always negative. We discuss these results by identifying related causes and by presenting avenues for future research. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment
Stefano Dell'atti; Annarita Trotta; Antonia Patrizia Iannuzzi; Federica DeMaria. Corporate Social Responsibility Engagement as a Determinant of Bank Reputation: An Empirical Analysis. Corporate Social Responsibility and Environmental Management 2017, 24, 589 -605.
AMA StyleStefano Dell'atti, Annarita Trotta, Antonia Patrizia Iannuzzi, Federica DeMaria. Corporate Social Responsibility Engagement as a Determinant of Bank Reputation: An Empirical Analysis. Corporate Social Responsibility and Environmental Management. 2017; 24 (6):589-605.
Chicago/Turabian StyleStefano Dell'atti; Annarita Trotta; Antonia Patrizia Iannuzzi; Federica DeMaria. 2017. "Corporate Social Responsibility Engagement as a Determinant of Bank Reputation: An Empirical Analysis." Corporate Social Responsibility and Environmental Management 24, no. 6: 589-605.
This paper analyses the role that quality standards and innovation play on trade volume, by using a gravity model. The role of innovative activity and quality standards in enhancing trade performance is widely accepted in the literature. However, in this paper, we argue that the net effect of quality standards on trade is affected by the exporter’s ability to innovate and comply with these requirements. In particular, by using a sample of 60 exporting countries and 57 importing countries, for a wide range of 26 manufacturing industries over the period 1995–2000, we show that the most innovative industries are more likely to enhance the overall quality of exports, and then gain a competitive advantage. We also find that this effect depends on the level of technology intensity at industry-level and on the level of economic development of exporting country.
Maria Cipollina; Federica DeMaria; Filomena Pietrovito. Determinants of Trade: the Role of Innovation in Presence of Quality Standards. Journal of Industry, Competition and Trade 2016, 16, 455 -475.
AMA StyleMaria Cipollina, Federica DeMaria, Filomena Pietrovito. Determinants of Trade: the Role of Innovation in Presence of Quality Standards. Journal of Industry, Competition and Trade. 2016; 16 (4):455-475.
Chicago/Turabian StyleMaria Cipollina; Federica DeMaria; Filomena Pietrovito. 2016. "Determinants of Trade: the Role of Innovation in Presence of Quality Standards." Journal of Industry, Competition and Trade 16, no. 4: 455-475.
This paper explores the effect of European Union (EU) food safety regulations on EU imports of baby food. Pesticides and contaminants contribute to various health problems. Children are more vulnerable to the dangers of pesticides and contaminants because as soon as they start eating solids, they consume a limited number of food items, most of which are fruits and vegetables. To protect the health of the most vulnerable part of the population, the EU regulations stipulate that no more than 0.01 mg/kg of any single pesticide residue is permitted in baby food. In this respect, the EU differs from most of its trading partners, the majority of which do not differentiate food safety regulations according to the age of the consumer. The purpose of this paper is to compare the EU regulations on maximum residue limits of pesticides to those of its major competitors through a severity index. This index is then introduced into a gravity equation to assess the impact on EU imports of baby food. We find that the EU regulation had a negative impact on the volume of trade but a positive one on the probability of setting up new trade relationships.
Federica DeMaria; Sophie Drogue. EU Trade Regulation for Baby Food: Protecting Health or Trade? The World Economy 2016, 40, 1430 -1453.
AMA StyleFederica DeMaria, Sophie Drogue. EU Trade Regulation for Baby Food: Protecting Health or Trade? The World Economy. 2016; 40 (7):1430-1453.
Chicago/Turabian StyleFederica DeMaria; Sophie Drogue. 2016. "EU Trade Regulation for Baby Food: Protecting Health or Trade?" The World Economy 40, no. 7: 1430-1453.
This article explores the effect of European Union (EU) food safety regulations on EU imports of baby food. Pesticides and contaminants contribute to various health problems. Children are more vulnerable to the dangers of pesticides and contaminants because as soon as they start eating solids, they consume a limited number of food items, most of which are fruits and vegetables. To protect the health of the most vulnerable part of the population, the EU regulations stipulate that no more than 0.01 mg/kg of any single pesticide residue is permitted in baby food. In this respect, the EU differs from most of its trading partners, the majority of which do not differentiate food safety regulations according to the age of the consumer. The purpose of this paper is to compare the EU regulations on maximum residue limits of pesticides to those of its major competitors through a severity index. This index is then introduced into a gravity equation to assess the impact on EU imports of baby food. We find that the EU regulation had a negative impact on the volume of trade but a positive one on the probability of setting up new trade relationships.
Federica DeMaria; Sophie Drogué. EU trade regulation for baby food: protecting health or trade? 2016, 1 .
AMA StyleFederica DeMaria, Sophie Drogué. EU trade regulation for baby food: protecting health or trade? . 2016; ():1.
Chicago/Turabian StyleFederica DeMaria; Sophie Drogué. 2016. "EU trade regulation for baby food: protecting health or trade?" , no. : 1.
Sophie Drogué; Federica DeMaria. Pesticide residues and trade, the apple of discord? Food Policy 2012, 37, 641 -649.
AMA StyleSophie Drogué, Federica DeMaria. Pesticide residues and trade, the apple of discord? Food Policy. 2012; 37 (6):641-649.
Chicago/Turabian StyleSophie Drogué; Federica DeMaria. 2012. "Pesticide residues and trade, the apple of discord?" Food Policy 37, no. 6: 641-649.
We investigate whether non-reciprocal preferential regimes granted by the European Union have an impact on agricultural export flows from beneficiary countries while accounting for the costs of compliance that may prevent exporters from taking full advantage of potential benefits. Compliance costs are heterogeneous and difficult to measure. We proxy their influence and specify a model that allows for a different preferential margin impact according to the proxy costs. Adopting the gravity framework and using a sample of 554 lines of agricultural products for 131 developing countries in 2002, we find that the costs of compliance play a role in making the schemes work: the lower the costs, the greater the impact of the preferential margins. Moreover, the estimated margin effect differs between different regimes. Copyright (c) 2010 The Authors. Journal compilation (c) 2010 The Agricultural Economics Society.
Mariarosaria Agostino; Federica DeMaria; Francesco Trivieri. Non-Reciprocal Trade Preferences and the Role of Compliance Costs in the Agricultural Sector: Exports to the EU. Journal of Agricultural Economics 2010, 61, 652 -679.
AMA StyleMariarosaria Agostino, Federica DeMaria, Francesco Trivieri. Non-Reciprocal Trade Preferences and the Role of Compliance Costs in the Agricultural Sector: Exports to the EU. Journal of Agricultural Economics. 2010; 61 (3):652-679.
Chicago/Turabian StyleMariarosaria Agostino; Federica DeMaria; Francesco Trivieri. 2010. "Non-Reciprocal Trade Preferences and the Role of Compliance Costs in the Agricultural Sector: Exports to the EU." Journal of Agricultural Economics 61, no. 3: 652-679.
This article examines the extent to which the 2006 revisions to the EU’s Generalised System of Preferences improved market-access opportunities for developing-country agro-food exports. It shows that they resulted in only a slight increase in the percentage preferential margin, but that there has been a significant increase in the value of preferential trade and of the preferential margin enjoyed by exporters. This was accompanied by changes in the ranking of beneficiaries. Countries such as China, Brazil, Argentina, India and South Africa maintained their significant shares of GSP agro-food exports, but other countries such as Thailand and Vietnam have now emerged as major GSP beneficiaries.Cet article étudie comment la révison en 2006 du Système des Préférences Généralisées de l'UE a améliorer l'accès au marché pour les exportations agro-alimentaires des pays en développement. Il montre qu'elle a eu pour conséquence qu'une légère augmentation de la marge préférentielle en pourcentage mais qu'elle a accru de façon significative la valeur du commerce préférentiel et de la marge préférentielle dont bénéficient les exportateurs. Ceci s'est accompagné de changement dans le classement des bénéficiaires. Des pays tels que la Chine, le Brésil, l'Argentine, l'Inde et l'Afrique du Sud ont maintenu leur part significative dans les exportations agro-alimentaires SPG, mais d'autres pays tels que la Thailande et le Vietnam émergent parmis les principaux bénéficiaires du nouveau SPG
Federica DeMaria; Sophie Drogué; Alan Matthews. Agro-Food Preferences in the EU's GSP Scheme: An Analysis of Changes Between 2004 and 2006. Development Policy Review 2008, 26, 693 -712.
AMA StyleFederica DeMaria, Sophie Drogué, Alan Matthews. Agro-Food Preferences in the EU's GSP Scheme: An Analysis of Changes Between 2004 and 2006. Development Policy Review. 2008; 26 (6):693-712.
Chicago/Turabian StyleFederica DeMaria; Sophie Drogué; Alan Matthews. 2008. "Agro-Food Preferences in the EU's GSP Scheme: An Analysis of Changes Between 2004 and 2006." Development Policy Review 26, no. 6: 693-712.