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Novel indicators of the trade and welfare effects of agricultural distortions in OECD countries

Anderson, Kym; Croser, Johanna

Description

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]

CollectionsANU Research Publications
Type: Journal article
URI: http://hdl.handle.net/1885/12586
Source: Review of World Economics 147.2 (2011): 269-302
DOI: 10.1007/s10290-010-0082-6

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