MODELING WORLD PEANUT PRODUCT MARKETS: A TOOL FOR AGRICULTURAL TRADE POLICY ANALYSIS

dc.creatorBeghin, John C.
dc.creatorMatthey, Holger
dc.date2017-04-01T17:25:31Z
dc.date.accessioned2026-07-09T03:24:56Z
dc.descriptionThis paper presents a new partial-equilibrium, multi-market international model developed to analyze policies affecting peanut products markets. The model covers four goods (food-quality peanuts, crush-quality peanuts, peanut oil, and groundnut cake) in 13 countries/regions (Argentina, Canada, China, the EU-15, the Gambia, India, Malawi, Mexico, Nigeria, Senegal, South Africa, the United States, and Rest of World). Welfare is evaluated by looking at consumers' equivalent variation, quasi-profits in farming (peanut farming, livestock), quasi-profits in crushing, and taxpayers' revenues and outlays implied by distortions. We calibrate the model for three recent years (1999/2000, 2000/01, and 2001/02) on historical data. We illustrate the model's applicability with a peanut trade liberalization scenario. The impact of the reform scenario is measured in deviation from the historical baseline and by averaging the three estimates of annual impacts.
dc.identifierdoi:10.22004/ag.econ.18618
dc.identifierhttps://ageconsearch.umn.edu/record/18618/files/wp030332.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/18618
dc.identifier.urihttp://hdl.handle.net/123456789/532149
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/18618
dc.titleMODELING WORLD PEANUT PRODUCT MARKETS: A TOOL FOR AGRICULTURAL TRADE POLICY ANALYSIS
dc.typeText

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