AGTRADE provides valuable insights into the impact of agricultural trade on global markets and its how it contributes to sustainable development. This is achieved through exploring the complexities of bilateral trade in agricultural commodities using advanced econometric models, with a special focus on the agricultural sector.
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AGTRADE aims to explore the complexities of bilateral trade in agricultural commodities through advanced spatial econometric models. The project focuses on uncovering and understanding the intricate spatial interdependencies that govern trade flows and the effects of regulatory policies on international trade, specifically in the agricultural sector. The research examines the role of spatial structures in shaping trade relationships, utilizing state-of-the-art Bayesian econometric techniques to provide robust insights. Through this approach, analyzing trade patterns, pricing dynamics, and regulatory impacts, AGTRADE provides crucial insights into how agricultural trade affects global markets and contributes to sustainable development. Furthermore, the project enables to analyze key policy interventions such as the EU Deforestation Regulation, offering practical solutions to pressing environmental and economic challenges. At IIASA, we lead the primary research and model development, working closely with our partners to integrate spatial econometrics into trade analysis. Our key collaborators include Philipp Piribauer from the Austrian Institute of Economic Research (WIFO) and Matteo Iacopini from LUISS University of Rome. The project is funded by the Austrian National Bank's Jubiläumsfonds (Grant No. 18690) and runs from July 2021 to November 2024. |
© Wolfgang Spitzbart | Dreamstime
Funder: Austrian National Bank (OeNB), Anniversary Fund (Jubiläumsfonds)