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The relative decline of agriculture in growing economies is a central feature of economic development and a major influence on agricultural policies. The literature on the causes of this decline has focused on the relative price effects arising from demand factors, especially Engel's law, rather...
Persistent link: https://www.econbiz.de/10005436318
The <EM t="s">linkage</EM> model of the global economy and the latest Global Trade Analysis Project (<EM t="s">gtap</EM>) database (version 6.05) are used to examine the impact of current merchandise trade barriers and agricultural subsidies and possible reform outcomes of the World Trade Organization's (<EM t="s">wto</EM>'s) Doha...</em></em></em>
Persistent link: https://www.econbiz.de/10005562544
This article summarizes some of the results and findings emerging from an ongoing World Bank research and capacity-building project that focuses on the World Trade Organization (WTO) negotiating agenda from a developing country perspective. Recent research suggests that the potential gains from...
Persistent link: https://www.econbiz.de/10005569054
Persistent link: https://www.econbiz.de/10005569578
This paper addresses three questions relating to the very extensive use of the GTAP global trade protection database: Are there additional price-distorting policy instruments worthy of inclusion in the base year? What is the appropriate counterfactual set of price distortions in the year of...
Persistent link: https://www.econbiz.de/10011083754
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 export restraints—were meant to partially insulate...
Persistent link: https://www.econbiz.de/10011084521
Persistent link: https://www.econbiz.de/10005659103
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
Protection unconstrained by rules often varies substantially over time. Rules-based disciplines, such as WTO tariff bindings and bindings on market access in services, constrain this variability. We examine the theoretical effects of such constraints on the expected cost of protection and offer...
Persistent link: https://www.econbiz.de/10005661815
Most of the large tariff reductions achieved in multilateral tradenegotiations have involved tariff-cutting formulas such as the "Swiss"formula. However, wide variations in initial tariff rates between activeparticipants call for new approaches under the Doha Development Agenda.This paper...
Persistent link: https://www.econbiz.de/10011256896