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Distortions to world trade: Impacts on agricultural markets and incomes

Anderson, Kym; Martin, Will; van der Mensbrugghe, Dominique

Description

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]

dc.contributor.authorAnderson, Kym
dc.contributor.authorMartin, Will
dc.contributor.authorvan der Mensbrugghe, Dominique
dc.date.accessioned2016-07-11T01:33:03Z
dc.date.available2016-07-11T01:33:03Z
dc.identifier.issn1058-7195
dc.identifier.urihttp://hdl.handle.net/1885/106002
dc.description.abstractThe 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 international terms of trade for some developing countries that are net food importers or are enjoying to agricultural markets of high-income countries.
dc.description.sponsorshipThe authors are grateful for funding from the UK Department for International Development.
dc.format27 pages
dc.format.mimetypeapplication/pdf
dc.language.isoen_AU
dc.publisherWiley
dc.rights© Wiley
dc.sourceReview of Agricultural Economics
dc.subjecttrade policy reform
dc.subjectcomputable general equilibrium modeling
dc.subjectagricultural
dc.subjectGlobal Trade Analysis Project
dc.subjectLinkage model
dc.subjecttrade distortions
dc.subjectmerchandise
dc.subjectdeveloping countries
dc.subjectreal value
dc.subjectmarkets
dc.subjectpreferential access
dc.titleDistortions to world trade: Impacts on agricultural markets and incomes
dc.typeJournal article
local.description.notesAn earlier version is circulated as 15 World Bank Policy Research Working Paper 3736, Washington DC, October 2005.
local.description.notesAt the time of publication Kym Anderson was affiliated with the World Bank in Washington, DC.
local.identifier.citationvolume28
dc.date.issued2006
local.publisher.urlhttp://au.wiley.com/
local.type.statusPublished Version
local.contributor.affiliationAnderson, Kym, Arndt-Corden Department of Economics, CAP Crawford School of Public Policy, The Australian National University
local.identifier.essn1467-9353
local.bibliographicCitation.issue2
local.bibliographicCitation.startpage168
local.bibliographicCitation.lastpage194
local.identifier.doi10.1111/j.1467-9353.2006.00280.x
CollectionsANU Research Publications

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