Showing 1 - 10 of 145
This paper seeks first to quantify the relative importance of the different factors contributing to growth in Australia’s wine industry over the ten years to 1996. This growth accounting exercise uses an economy-wide model for Australia that separately distinguishes nonpremium from premium red...
Persistent link: https://www.econbiz.de/10010878619
The tariff rate quota (TRQ) system was formalised in the Uruguay Round with the aim of maintaining and improving market access for agricultural products. Under this system, a lower tariff rate is applied to imports up to the quota limit, with a higher (and often prohibitive) tariff rate levied...
Persistent link: https://www.econbiz.de/10008802881
Persistent link: https://www.econbiz.de/10011167801
The agricultural and food sector is an ideal case for investigating the political economy of public policies. Many of the policy developments in this sector since the 1950s have been sudden and transformational, while others have been gradual but persistent. This paper reviews and synthesizes...
Persistent link: https://www.econbiz.de/10010643260
When economic growth is characterised by a slow rise in the demand for food and rapid growth in farm relative to non-farm productivity, it is understandable that agriculture in a closed economy declines in relative terms as that economy develops. But why should agriculture decline in virtually...
Persistent link: https://www.econbiz.de/10010879500
To what extent has Sub-Saharan Africa’s slow economic growth over the past five decades been due to price and trade policies that discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy induced distortions to relative...
Persistent link: https://www.econbiz.de/10010916526
For decades the world's agricultural markets have been highly distorted by national government policies, but very differently for different commodities. Hence a weighted average across countries of nominal rates of assistance or consumer tax equivalents for a product can be misleading as an...
Persistent link: https://www.econbiz.de/10004961249
Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions can be poor guides to the policies'economic effects. Recent theoretical literature provides indicators of trade and welfare-reducing effects of...
Persistent link: https://www.econbiz.de/10005129307
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 are...
Persistent link: https://www.econbiz.de/10004989935
The authors estimate the impact of global merchandise trade distortions and services regulations on agricultural value added in various countries. Using the latest versions of the Global Trade Analysis Project (GTAP) database and the GTAP-AGR model of the global economy, their results suggest...
Persistent link: https://www.econbiz.de/10005030370