AGRICULTURAL MARKETS LIBERALIZATION AND THE DOHA ROUND

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dc.creatorFabiosa, Jacinto F.
dc.creatorBeghin, John C.
dc.creatorde Cara, Stephane
dc.creatorFang, Cheng
dc.creatorIsik, Murat
dc.creatorMatthey, Holger
dc.date2017-04-01T19:13:06Z
dc.date.accessioned2026-07-09T03:52:35Z
dc.descriptionUsing a partial equilibrium model of world agriculture, we investigate the multilateral removal of all border taxes and farm programs and their distortion of world agricultural markets. These distortions have significant terms-of-trade effects. World trade is also significantly impacted by both types of distortions. Trade expansion is substantial for most commodities, especially dairy, meats, and vegetable oils. Net agricultural and food exporters (Brazil, Australia, and Argentina) emerge with expanded exports; whereas net importing countries with limited distortions before liberalization are penalized by higher world markets prices and reduced imports. The US gains significant export shares in livestock products and imports more dairy products. Without protection and domestic subsidies, the EU loses many of its livestock and dairy export markets.
dc.identifierdoi:10.22004/ag.econ.25875
dc.identifierhttps://ageconsearch.umn.edu/record/25875/files/cp03fa04.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/25875
dc.identifier.urihttp://hdl.handle.net/123456789/541289
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/25875
dc.titleAGRICULTURAL MARKETS LIBERALIZATION AND THE DOHA ROUND
dc.typeText

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University of Minnesota