MAKING SENSE OF AGRICULTURAL TRADE POLICY REFORM

dc.creatorVanzetti, David
dc.creatorPeters, Ralf
dc.date2017-04-01T19:53:08Z
dc.date.accessioned2026-07-09T03:52:33Z
dc.descriptionProposals for agricultural trade reform put forward by the main protagonists remain far apart, with little sign of convergence. In an attempt to progress the negotiations towards a successful outcome, the chairman of the WTO Committee on Agriculture has proposed a compromise. The alternative proposals by the United States, the European Union and the WTO are analysed with the Agricultural Trade Policy Simulation Model, a static, multi-commodity, multi-region, partial equilibrium trade model. The estimated annual global welfare gains are $26 billion, $12 billion and $17 billion respectively. Least developed countries, as a group, gain from the US proposal but are made worse off under the WTO and EU proposals. Furthermore, in the best case many individual countries experience welfare losses. However, all countries enjoy increased export revenues and tariff revenues hold up quite well under the two less stringent proposals.
dc.identifierdoi:10.22004/ag.econ.25858
dc.identifierhttps://ageconsearch.umn.edu/record/25858/files/cp03va04.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/25858
dc.identifier.urihttp://hdl.handle.net/123456789/541272
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/25858
dc.titleMAKING SENSE OF AGRICULTURAL TRADE POLICY REFORM
dc.typeText

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