Distortions to world trade: Impacts on agricultural markets and incomes
The latest versions of the Global Trade Analysis Project database and the Linkage model of the global economy (projected to 2015) are used to estimate the impact of removing all merchandise trade distortions (including agricultural subsidies). Results suggest that a move to free merchandise trade would increase farm employment, the real value of agricultural output and exports, real returns to farm land and unskilled labor, and real net farm incomes in . This would occur despite the decline in...[Show more]
|Collections||ANU Research Publications|
|Source:||Review of Agricultural Economics|
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