Consistency in gravity‑model valuations of non‑tariff measures in agro‑food trade

Key Points

• Trade policy evaluations show variations in the effectiveness of non-tariff measures on agro-food trade adjustments.
• Gravity model methodologies indicate a 15% valuation discrepancy across different agro-food sectors.
• Analysis of trade data emphasizes the complex relationship between non-tariff measures and trade volumes in multiple regions.
• Findings highlight the need for consistent valuation methods to improve trade policy decision-making.