The effect of the Canada–China canola trade dispute on canola prices,Canadian Journal of Agricultural Economics

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The effect of the Canada–China canola trade dispute on canola prices
Canadian Journal of Agricultural Economics ( IF 9 ) Pub Date : 2020-10-11 , DOI: 10.1111/cjag.12258
Jacob Wells ₁ , Peter Slade ₁

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In March 2019, China revoked the canola export licenses of two major Canadian exporters. We estimate the impact of these restrictions on Canadian canola prices. Using a vector error correction model to generate counterfactual prices, we estimate that between March 2019 and February 2020 canola prices were 3.6% lower than would have been expected in the absence of the import restrictions. We discuss the implications of our finding for both the ongoing negotiations between Canada and China and producer support in Canada.

更新日期：2020-10-11

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