More on welfare gains to developing countries from liberalizing world food trade
The common presumption that food-importing developing countries would be harmed by a liberalization of world food trade is questioned in this paper. Both theory and new empirical modelling evidence suggest the possibility of the opposite conclusion. Even if just advanced industrial countries were to liberalize their food trade, the present empirical analysis (using a model of world food markets) suggests that economic welfare and net foreign exchange earnings from food trade could improve for...[Show more]
|Collections||ANU Research Publications|
|Source:||Journal of Agricultural Economics|
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