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THE POLITICAL ECONOMY OF STANDARDS DOES MRLS MATTER IN COTTONSEED AND ITS TRADE

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13 Pages : 177-196

http://dx.doi.org/10.31703/grr.2017(II-I).13      10.31703/grr.2017(II-I).13      Published : Dec 2017

The Political Economy of Standards: Does MRLs Matter in Cottonseed and its Trade?

Abstract

    In this paper, we introduce three indices of trade which are consequently applied to the case maximum residue level, MRLs of pesticide. The aggregation indices of NTM i.e Li and Beghin index of trade, Heterogeneous index of trade (HIT) and actual heterogeneous index of trade (AHIT) regulations to compute their protectionism relative to international standards. The application of indices to Maximum Residue Limit (MRL) affecting cottonseed and its by-product i.e crude cottonseed oil and refined cottonseed oil, using a science-based standards Codex Alimentarius. In this analysis, the main aim of the article is to show the response of the maximum residue limits (MRLs) adopted by 50 importing countries on exports of the cottonseed commodities for the year 2005 to 2014. In this study, we estimate the augmented gravity model using the ordinary least squares (OLS) and Poisson regression estimators. The results show that maximum residue limits (MRLs) have a trade increasing effect on exports of the cottonseed commodities.

    Cottonseed, Poisson, OLS, and MRLs

    (1) Fazal Hadi
    PhD Scholar,Department of Economics, Abdul Wali Khan University, Mardan, KP, Pakistan.
    (2) Zahoor Ul Haq
    Professor and Dean, Faculty of Business and Economics,Abdul Wali Khan University Mardan, KP, Pakistan.
    (3) Javid Iqbal
    Assistant Professor, Department of Economics, Abdul Wali Khan University Mardan, KP, Pakistan.
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References

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Cite this article

APA

    APA : Hadi, F., Haq, Z. U., & Iqbal, J. (2017). The Political Economy of Standards: Does MRLs Matter in Cottonseed and its Trade?. Global Regional Review, II(I), 177-196. https://doi.org/10.31703/grr.2017(II-I).13

CHICAGO

    CHICAGO : Hadi, Fazal, Zahoor Ul Haq, and Javid Iqbal. 2017. "The Political Economy of Standards: Does MRLs Matter in Cottonseed and its Trade?." Global Regional Review, II (I): 177-196 doi: 10.31703/grr.2017(II-I).13

HARVARD

    HARVARD : HADI, F., HAQ, Z. U. & IQBAL, J. 2017. The Political Economy of Standards: Does MRLs Matter in Cottonseed and its Trade?. Global Regional Review, II, 177-196.

MHRA

    MHRA : Hadi, Fazal, Zahoor Ul Haq, and Javid Iqbal. 2017. "The Political Economy of Standards: Does MRLs Matter in Cottonseed and its Trade?." Global Regional Review, II: 177-196

MLA

    MLA : Hadi, Fazal, Zahoor Ul Haq, and Javid Iqbal. "The Political Economy of Standards: Does MRLs Matter in Cottonseed and its Trade?." Global Regional Review, II.I (2017): 177-196 Print.

OXFORD

    OXFORD : Hadi, Fazal, Haq, Zahoor Ul, and Iqbal, Javid (2017), "The Political Economy of Standards: Does MRLs Matter in Cottonseed and its Trade?", Global Regional Review, II (I), 177-196

TURABIAN

    TURABIAN : Hadi, Fazal, Zahoor Ul Haq, and Javid Iqbal. "The Political Economy of Standards: Does MRLs Matter in Cottonseed and its Trade?." Global Regional Review II, no. I (2017): 177-196. https://doi.org/10.31703/grr.2017(II-I).13