The relative importance of global agricultural subsidies and market access
The claim by 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 model-based estimates of the extent of the producer distortions (leaving aside consumer distortions), and shows that 75% of total support is provided by market access barriers when account is taken of all forms...[Show more]
|Collections||ANU Research Publications|
|Source:||World Trade Review|
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