Showing 1 - 9 of 9
For individual countries, variable trade barriers can be used to reduce the volatility of domestic relative to world prices. If this is done by countries accounting for a large share of the market, its effect is offset by increases in world price volatility. This study shows the nature of the...
Persistent link: https://www.econbiz.de/10009207521
The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, this paper first compares the OECD and...
Persistent link: https://www.econbiz.de/10005662154
agricultural and food markets. Empirical analysis aimed at monitoring distortions to agricultural incentives thus need to examine … restrictions plus domestic taxes or subsidies on farm outputs or inputs and consumer subsidies for food staples. This paper …
Persistent link: https://www.econbiz.de/10005498082
This paper has two purposes. It first considers the impact on world food prices of the changes in restrictions on trade … in staple foods during the 2008 world food price crisis. Those changes—reductions in import protection or increases in … trade when international food prices spike. …
Persistent link: https://www.econbiz.de/10011084521
parts of the region. Farm employment and output, the real value of agricultural and food exports, the real returns to farm …
Persistent link: https://www.econbiz.de/10005792269
Rapid industrialization in East Asia, particularly China, is raising questions about who will feed the region in the … next century and how Asia will pay for its food imports. The paper addresses this question by first reviewing existing food … net imports of food. On the other hand, the trade reform that is likely to accompany China’s WTO membership would greatly …
Persistent link: https://www.econbiz.de/10005497955
This paper provides new estimates of the global gains from multilateral trade reform and their distribution among developing countries in the presence of trade preferences. Particular attention is given to agriculture, as farmers constitute the poorest households in developing countries but the...
Persistent link: https://www.econbiz.de/10005114393
This paper examines the impacts of key trade reforms likely to affect the APEC region over the next decade. It does so by taking an economy-wide perspective using projections to the year 2005, based on the global CGE model known as GTAP. The paper begins by showing that the empirical impact of...
Persistent link: https://www.econbiz.de/10005661488
Trade policy reforms in recent decades have sharply reduced the distortions that were harming agriculture in developing countries, yet global trade in farm products continues to be far more distorted than trade in nonfarm goods. Those distortions reduce some forms of poverty and inequality but...
Persistent link: https://www.econbiz.de/10008468695