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Author: Kym Anderson Publisher: ISBN: Category : Agricultural subsidies Languages : en Pages : 36
Book Description
"The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, the authors first compare the OECD and model-based estimates of the extent of the producer distortions (leaving aside consumer distortions), and show that 75 percent of total support is provided by market access barriers when account is taken of all forms of support to farmers and to agricultural processors globally, and only 19 percent to domestic farm subsidies. Then the authors provide a back-of-the-envelope (BOTE) calculation of the welfare cost of those distortions. Assuming unitary supply and demand elasticities, that BOTE analysis suggests 86 percent of the welfare cost is due to tariffs and only 6 percent to domestic farm subsidies. When the higher costs associated with the greater variability of trade measures relative to domestic support are accounted for, the BOTE estimate of the latter's share falls to 4 percent. This is close to the 5 percent generated by the most commonly used global model (GTAP) and reported in the paper's final section. "--World Bank web site.
Author: Kym Anderson Publisher: ISBN: Category : Agricultural subsidies Languages : en Pages : 36
Book Description
"The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, the authors first compare the OECD and model-based estimates of the extent of the producer distortions (leaving aside consumer distortions), and show that 75 percent of total support is provided by market access barriers when account is taken of all forms of support to farmers and to agricultural processors globally, and only 19 percent to domestic farm subsidies. Then the authors provide a back-of-the-envelope (BOTE) calculation of the welfare cost of those distortions. Assuming unitary supply and demand elasticities, that BOTE analysis suggests 86 percent of the welfare cost is due to tariffs and only 6 percent to domestic farm subsidies. When the higher costs associated with the greater variability of trade measures relative to domestic support are accounted for, the BOTE estimate of the latter's share falls to 4 percent. This is close to the 5 percent generated by the most commonly used global model (GTAP) and reported in the paper's final section. "--World Bank web site.
Author: Kym Anderson Publisher: ISBN: Category : Languages : en Pages :
Book Description
The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, the authors first compare the OECD and model-based estimates of the extent of the producer distortions (leaving aside consumer distortions), and show that 75 percent of total support is provided by market access barriers when account is taken of all forms of support to farmers and to agricultural processors globally, and only 19 percent to domestic farm subsidies. Then the authors provide a back-of-the-envelope (BOTE) calculation of the welfare cost of those distortions. Assuming unitary supply and demand elasticities, that BOTE analysis suggests 86 percent of the welfare cost is due to tariffs and only 6 percent to domestic farm subsidies. When the higher costs associated with the greater variability of trade measures relative to domestic support are accounted for, the BOTE estimate of the latter's share falls to 4 percent. This is close to the 5 percent generated by the most commonly used global model (GTAP) and reported in the paper's final section.
Author: Kym Anderson Publisher: ISBN: Category : Agricultural subsidies Languages : en Pages : 0
Book Description
Over the past three decades, tariff protection to farmers has fallen and partly been replaced by domestic support, whilst support for farmers in some emerging economies has grown. Against that backdrop, this paper provides new estimates of national economic impacts of global agricultural tariffs and domestic supports. Using the latest global economywide GTAP (Global Trade Analysis Project) model calibrated to 2017, we simulate (a) the removal of food and agricultural domestic supports and agri-food tariffs and (b) the removal also of tariffs on imports of non-agricultural goods. We find that agricultural support policies are still an important part of the global welfare cost of all goods’ trade-restrictive policies (albeit only half as costly as in 2001), and tariffs still dominate the global welfare cost of all farm-support programs. That farm support could be re-instrumented to relieve natural resource and environmental stresses, boost food and nutrition security, and alleviate poverty and income inequality.
Author: David Blandford Publisher: World Scientific ISBN: 1786349779 Category : Business & Economics Languages : en Pages : 233
Book Description
Current Issues in Global Agricultural and Trade Policy presents an authoritative perspective on matters that will contribute to the future shape of global markets for agricultural products. Written by a rare grouping of eminent and globally leading agricultural economists from a wide variety of backgrounds, the book provides an analytical overview of the academic and professional work of the late Timothy E Josling, an outstanding intellectual innovator.Areas covered in the book include farm policies of the EU and the USA, analysis of farm support and its effects, US trade policy for agricultural products, analysis of food security, implications of sanitary and phytosanitary measures, and relevance of geographical indications in international trade. The implications of the COVID-19 pandemic for agricultural trade policy are discussed in an endnote. This book throws light on some of the most impressive achievements of the agricultural economics profession.
Author: Kenneth Heydon Publisher: Routledge ISBN: 1317043081 Category : Business & Economics Languages : en Pages : 651
Book Description
This volume provides a state of the art review of current thinking on the full range of trade policy issues, addressing the economic and political dimensions of international trade policy. The volume contains a systematic examination of: - specific trade policy instruments (such as tariffs, non-tariff barriers and trade rules) - sectoral concerns (in agriculture, manufacturing and services) - trade linkages (to issues such as the environment and labour standards) - systemic considerations (what role for the WTO?) The organising theme of the volume is that open markets for trade and investment yield large potential gains in human welfare as long as trade policy is conducted as an integral part of broader domestic economic management and regulatory reform, and as long as the particular challenges facing developing countries are effectively addressed. This 'case' is presented on the basis of rigorous analysis of first principles and of empirical experience among key trading nations. An integrated set of original and comprehensive perspectives from a diverse group of experts, linked by a common organisational thread. The contributing authors create an ideal mix of internationally recognised experts together with younger specialists making their mark in trade policy analysis; academics as well as trade policy practitioners; and representatives of both developed and developing countries.
Author: David Greenaway Publisher: John Wiley & Sons ISBN: 1444306723 Category : Business & Economics Languages : en Pages : 168
Book Description
This is the fourteenth volume in an annual series in which leading economists provide a concise and accessible evaluation of major developments in trade and trade policy. Examines key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level Analyses trade policy in areas such as Malaysia, Trinidad and Tobago as well as revealing the national security concerns that have become a dominant influence on US trade policy since 2001 Includes a special focus on the Doha Round where contributors evaluate the winners and losers from trade liberalisation and investigate the cotton initiative of the WTO's Doha Development Agenda
Author: Ferdous Ahmed Publisher: Springer Nature ISBN: 3030853756 Category : Political Science Languages : en Pages : 162
Book Description
This book assesses the vulnerability impacts of climate change on food security by examining a 50 years scenario (2015- 2065) and following a top-down approach. Importantly, looking at the sustainable food production, the authors compared the cost-benefit of adaptation costs from 2015 to 2065. It was found that a 15% adaptation capacity is more efficient for Malaysia in order to combat the climate change effects on the food sector. This book has developed a quantitative adaptive model namely, the Malaysian Climate and Economy (MCE) model, based on the dynamic Computable General Equilibrium (CGE) modeling structure to examine food sustainability and adaptation strategies. Malaysia experiences an unusual combination of droughts and extreme rainfall events that can be attributed to climate change. These unusual events and consequences leave Malaysian policymakers looking for ways to make Malaysia self-sufficient in terms of agriculture. It is assumed that climate change effects may result in increasing food insecurity and vulnerability in the future. Policy measures are in place to lessen the likely climatic effects overall, but there is an urgent need to develop an adaptation policy for the future.
Author: Alessio Cavicchi Publisher: Routledge ISBN: 1317751930 Category : Business & Economics Languages : en Pages : 275
Book Description
Food and wine events have gained popularity internationally. Their importance in local economic development has grown, especially in Europe, as they are seen as a source of income for local economic systems, a way for creating new job positions and effective tools for promoting and increasing typical product awareness and demand. This book for the first time illustrates the positive and negative impacts of food and wine events from a stakeholder perspective by highlighting several critical aspects such as: (1) advantages and disadvantages of food and wine events; (2) best practice adoption for maximising benefits flowing from event creation; (3) community involvement and knowledge diffusion; (4) effectiveness in promoting local products and creating consumer awareness about products; (5) factors that promote or inhibit the success or achievements of wine and food events. Although the volume primarily focuses on events in Europe, comparisons are made to other regions in the world. Case studies are integrated throughout to illustrate the system of economic and social impacts linked to food and wine events, as well as best practices to achieve effective event management and maximize expected results. Written by leading academics, this timely and important volume will be valuable reading for all students, researchers and academics interested in Events, Tourism, Hospitality, Gastronomy and Development Studies.
Author: Hélène Ruiz Fabri Publisher: Bloomsbury Publishing ISBN: 1847315895 Category : Law Languages : en Pages : 766
Book Description
This book continues the series Select Proceedings of the European Society of International Law, containing the proceedings of the Third Biennial Conference organised by ESIL and the Max Planck Institute for Comparative Public Law and International Law in 2008. The conference was entitled 'International Law in a Heterogeneous World', reflecting an idea which is central to the ESIL philosophy. Heterogeneity is considered one of the pillars upon which Europe's contribution to international law is built and the subject was considered in a number of panels, including such diverse topics as migration, the history of international law, the rules on warfare and international environmental law.
Author: Kym Anderson
Author: Kym Anderson
Author: Kym Anderson
Author: Kym Anderson
Author: Ephraim Chirwa
Author: David Blandford
Author: Kenneth Heydon
Author: David Greenaway
Author: Ferdous Ahmed
Author: Alessio Cavicchi
Author: Hélène Ruiz Fabri