Potential impacts of hard infrastructure development on agricultural trade
The development of hard infrastructure has the potential to enhance agricultural production and international agricultural trade. Good quality physical networks could reduce the transport costs for producers and suppliers, thereby increasing the volume of agricultural bilateral trade. For most countries, tariff rates, transport costs, geographic drawbacks, and other nontariff barriers are considered to be the most significant potential impediments to trade. This study estimates the role of hard infrastructure on agricultural bilateral trade among North and Latin American countries, as one ...
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