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This paper shows that research on international agricultural trade reform can make much greater contributions to understanding than was feasible in earlier trade negotiations. Part of this is due to improvements in the basic data on production, consumption and trade associated with the...
Persistent link: https://www.econbiz.de/10009442475
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/10009443500
While agriculture's contribution to national output and employment tends to decline with economic growth, its contribution to exports need not. Neoclassical theory suggests that a country's comparative advantage in agriculture depends on its endowment of agricultural land relative to mineral...
Persistent link: https://www.econbiz.de/10009444551
The development of genetically modified (GM) agricultural products requires new policies to manage potential food safety and environmental risks. The policy positions taken to date on GM foods by the United States and the European Union are very different. The US has few restrictions on...
Persistent link: https://www.econbiz.de/10009445942
Trade negotiators and policy advisors are keen to know the relative contribution ofdifferent farm policy instruments to international trade and economic welfare.Nominal rates of assistance or producer support estimates are incomplete indicators,especially when (especially in developing...
Persistent link: https://www.econbiz.de/10009445998
A decline in governmental distortions to agricultural and other trade since the 1980s hascontributed to economic growth and poverty alleviation globally. But new modeling resultssuggest that has taken the world only three-fifths of the way towards freeing merchandisetrade, and that farm policies...
Persistent link: https://www.econbiz.de/10009446057
The rapid growth of the Chinese economy during the 1980s was accompanied by an equally rapid shift in China's comparative advantage towards light manufactures, such as textiles and clothing, at the expense of agriculture. If that economy were to resume the economic reform process that was...
Persistent link: https://www.econbiz.de/10005522658
This paper shows that research on international agricultural trade reform can make much greater contributions to understanding than was feasible in earlier trade negotiations. Part of this is due to improvements in the basic data on production, consumption and trade associated with the...
Persistent link: https://www.econbiz.de/10005525303
Persistent link: https://www.econbiz.de/10011097983
Persistent link: https://www.econbiz.de/10011168428