Novel indicators of the trade and welfare effects of agricultural distortions in OECD countries
Agricultural markets in OECD countries have long been highly distorted by government policies. Traditional weighted average aggregates of the price distortions involved, such as producer and consumer support estimates (PSEs and CSEs), can be poor indicators of the trade restrictiveness and economic welfare losses associated with them, especially if a country’s support estimates vary a lot across the product range. Certainly estimates of trade and welfare effects of price supports can be...[Show more]
|Collections||ANU Research Publications|
|Source:||Review of World Economics 147.2 (2011): 269-302|
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