The Long-term Agricultural Outlook model (LAO) is a long-run partial equilibrium trade model developed by the OECD as a … agricultural markets, as reported in the annual OECD-FAO Agriculture Outlook publication. LAO describes the drivers of structural …-term issues concerning agriculture, such as the links between food security and climate change. The model structure is similar to …

performance of agriculture. Lower costs of managing public grain stocks would equally reduce the budgetary cost of reforms. …

protection versus countries outside the region unchanged. The analysis finds that opening up the regional trade market will lead … to greater overall production, consumption and trade across the region. The overall welfare gains are over fifteen times …