Global Distortions to Agricultural Markets : New Indicators of Trade and Welfare Impacts, 1955 to 2007

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dc.creatorLloyd, Peter J.
dc.creatorCroser, Johanna L.
dc.creatorAnderson, Kym
dc.date2012-03-19T19:09:15Z
dc.date2012-03-19T19:09:15Z
dc.date2009-03-01
dc.date.accessioned2026-07-01T00:36:49Z
dc.descriptionDespite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions can be poor guides to the policies' economic effects. Recent theoretical literature provides indicators of trade and welfare-reducing effects of price and trade policies which this paper builds on to develop more-satisfactory indexes. The authors exploit a new Agricultural Distortion database to generate estimates of them for developing and high-income countries over the past half century. These better approximations of the trade and welfare effects of sector policies are generated without a formal model of global markets or even price elasticity estimates.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090317084405
dc.identifierhttps://hdl.handle.net/10986/4060
dc.identifier10.1596/1813-9450-4865
dc.identifier.urihttp://hdl.handle.net/123456789/407352
dc.languageEnglish
dc.relationPolicy Research working paper ; no. WPS 4865
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectABSOLUTE VALUE
dc.subjectAGGREGATE DEMAND
dc.subjectAGRICULTURAL GOODS
dc.subjectAGRICULTURAL INCENTIVES
dc.subjectAGRICULTURAL INDUSTRY
dc.subjectAGRICULTURAL MARKETS
dc.subjectAGRICULTURAL POLICIES
dc.subjectAGRICULTURAL POLICY
dc.subjectAGRICULTURAL PRICE
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURAL PROGRAMS
dc.subjectAGRICULTURAL PROTECTION
dc.subjectAGRICULTURAL SECTOR
dc.subjectAGRICULTURE
dc.subjectBORDER MEASURES
dc.subjectBORDER PRICE
dc.subjectCOIN
dc.subjectCOMMODITIES
dc.subjectCONSUMER PRICE
dc.subjectCONSUMER PRICES
dc.subjectCONSUMER SURPLUS
dc.subjectCONSUMERS
dc.subjectDEMAND FUNCTION
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDISTORTION
dc.subjectDISTORTIONS
dc.subjectDOMESTIC DEMAND
dc.subjectDOMESTIC PRICE
dc.subjectDOMESTIC PRICES
dc.subjectDOMESTIC PRODUCER
dc.subjectDOMESTIC PRODUCTION
dc.subjectECONOMIC EFFECTS
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE POLICIES
dc.subjectEXCHANGE RATES
dc.subjectEXPORT
dc.subjectEXPORT PRICE
dc.subjectEXPORT SECTOR
dc.subjectEXPORT SUBSIDY
dc.subjectEXPORT TAX
dc.subjectEXPORTABLE GOODS
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectFARM
dc.subjectFARM PRODUCTS
dc.subjectFARM SECTOR
dc.subjectFARMERS
dc.subjectFEDERAL RESERVE
dc.subjectFEDERAL RESERVE BANK
dc.subjectGDP
dc.subjectGENERAL EQUILIBRIUM
dc.subjectGENERAL EQUILIBRIUM MODEL
dc.subjectGENERAL EQUILIBRIUM MODELS
dc.subjectGLOBAL MARKETS
dc.subjectGLOBAL TRADE
dc.subjectGLOBALIZATION
dc.subjectGROSS VALUE
dc.subjectHIGH-INCOME COUNTRIES
dc.subjectHIGH-INCOME COUNTRY
dc.subjectIMPORT
dc.subjectIMPORT BARRIERS
dc.subjectIMPORT COMPETITION
dc.subjectIMPORT DEMAND
dc.subjectIMPORT MEASURES
dc.subjectIMPORT POLICIES
dc.subjectIMPORT TARIFF
dc.subjectIMPORT TAX
dc.subjectIMPORT VOLUME
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINDEX NUMBERS
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL PRICE
dc.subjectINTERNATIONAL PRICES
dc.subjectINTERNATIONAL TRADE
dc.subjectINTERNATIONAL TRADE POLICY
dc.subjectMULTILATERAL SYSTEM
dc.subjectMULTIPLE EXCHANGE RATES
dc.subjectOPEN ECONOMY
dc.subjectPRICE ADJUSTMENT
dc.subjectPRICE CHANGE
dc.subjectPRICE COMPARISONS
dc.subjectPRICE CONTROLS
dc.subjectPRICE DISTORTION
dc.subjectPRICE DISTORTIONS
dc.subjectPRICE ELASTICITIES
dc.subjectPRICE ELASTICITY
dc.subjectPRICE INCREASES
dc.subjectPRICE OF GOOD
dc.subjectPRICE RATIOS
dc.subjectPRICE SUPPORT
dc.subjectPRIMARY PRODUCTS
dc.subjectPRODUCER PRICE
dc.subjectPRODUCER PRICES
dc.subjectQUANTITATIVE RESTRICTIONS
dc.subjectQUOTA RENTS
dc.subjectQUOTAS
dc.subjectSUBSIDIZATION
dc.subjectSUPPLY CURVES
dc.subjectSUPPLY FUNCTIONS
dc.subjectSUPPLY SIDE
dc.subjectSURPLUS
dc.subjectTARIFF BORDER
dc.subjectTARIFF EQUIVALENTS
dc.subjectTARIFF PROTECTION
dc.subjectTARIFF RATE
dc.subjectTARIFF RATES
dc.subjectTARIFF REVENUE
dc.subjectTAXATION
dc.subjectTOTAL AGRICULTURAL PRODUCTION
dc.subjectTOTAL IMPORTS
dc.subjectTRADE DISTORTIONS
dc.subjectTRADE POLICIES
dc.subjectTRADE PRICES
dc.subjectTRADE REDUCTION
dc.subjectTRADE RESTRICTION
dc.subjectTRADE RESTRICTIONS
dc.subjectTRADE RESTRICTIVENESS
dc.subjectTRADE TAXES
dc.subjectTRANSITION ECONOMIES
dc.subjectUNEMPLOYMENT
dc.subjectUNIFORM TARIFF
dc.subjectVOLUME
dc.subjectVOLUME OF TRADE
dc.subjectWEIGHTS
dc.subjectWORLD PRICE
dc.subjectWORLD TRADE
dc.subjectMicrodata Set
dc.titleGlobal Distortions to Agricultural Markets : New Indicators of Trade and Welfare Impacts, 1955 to 2007

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