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Distortions to world trade: Impacts on agricultural markets and incomes

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Date

2006

Authors

Anderson, Kym
Martin, Will
van der Mensbrugghe, Dominique

Journal Title

Journal ISSN

Volume Title

Publisher

Wiley

Abstract

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 international terms of trade for some developing countries that are net food importers or are enjoying to agricultural markets of high-income countries.

Description

Keywords

trade policy reform, computable general equilibrium modeling, agricultural, Global Trade Analysis Project, Linkage model, trade distortions, merchandise, developing countries, real value, markets, preferential access

Citation

URI

http://hdl.handle.net/1885/106002

Collections

ANU Research Publications

Source

Review of Agricultural Economics

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

DOI

10.1111/j.1467-9353.2006.00280.x

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