Rain, Agriculture, and Tariffs

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dc.creatorBastos, Paulo
dc.creatorStraume, Odd Rune
dc.creatorUrrego, Jaime A.
dc.date2013-04-11T21:00:14Z
dc.date2013-04-11T21:00:14Z
dc.date2013-03
dc.date.accessioned2026-07-01T00:32:44Z
dc.descriptionThis paper examines whether and how rainfall shocks affect tariff setting in the agricultural sector. In a model of strategic trade policy, the authors show that the impact of a negative rainfall shock on optimal import tariffs is generally ambiguous, depending on the weight placed by the domestic policy maker on tariff revenue, profits and the consumer surplus. The more weight placed on domestic profits, the more likely it is that the policy maker will respond to a rainfall shortage by reducing import tariffs. These findings are robust to alternative assumptions about market structure and the timing of the game. Using detailed panel data on applied tariffs and rainfall for 70 nations, the authors find robust evidence that rainfall shortages generally induce policy makers to set lower tariffs on agricultural imports.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2013/03/17493992/rain-agriculture-tariffs
dc.identifierhttps://hdl.handle.net/10986/13177
dc.identifierhttps://doi.org/10.1596/1813-9450-6394
dc.identifier.urihttp://hdl.handle.net/123456789/405771
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper;No. 6394
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectAGRICULTURAL COMMODITIES
dc.subjectAGRICULTURAL ECONOMIC
dc.subjectAGRICULTURAL ECONOMICS
dc.subjectAGRICULTURAL EXPORTS
dc.subjectAGRICULTURAL GOOD
dc.subjectAGRICULTURAL GOODS
dc.subjectAGRICULTURAL IMPORTS
dc.subjectAGRICULTURAL LAND
dc.subjectAGRICULTURAL MARKETS
dc.subjectAGRICULTURAL OUTPUT
dc.subjectAGRICULTURAL PRICES
dc.subjectAGRICULTURAL PRODUCT
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectAGRICULTURAL PRODUCTIVITY
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURAL SECTOR
dc.subjectAGRICULTURAL TRADE
dc.subjectAGRICULTURE
dc.subjectAIR
dc.subjectAIR TEMPERATURE
dc.subjectAMOUNT OF RAINFALL
dc.subjectANIMAL OILS
dc.subjectAPPAREL
dc.subjectAPPLIED TARIFF
dc.subjectARBITRAGE
dc.subjectAVERAGE RAINFALL
dc.subjectBASE YEAR
dc.subjectBILATERAL IMPORTS
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVE EQUILIBRIUM
dc.subjectCOMPETITIVE MARKETS
dc.subjectCONSUMER SURPLUS
dc.subjectCONSUMPTION LEVELS
dc.subjectCOST FUNCTIONS
dc.subjectCOST INCREASE
dc.subjectDAIRY
dc.subjectDAIRY PRODUCTS
dc.subjectDEMAND FUNCTION
dc.subjectDEMAND FUNCTIONS
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDOMESTIC CONSUMERS
dc.subjectDOMESTIC DEMAND
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC PRODUCER
dc.subjectDOMESTIC PRODUCERS
dc.subjectDOMESTIC PRODUCTION
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMIC IMPACTS OF CLIMATE
dc.subjectECONOMIC IMPACTS OF CLIMATE CHANGE
dc.subjectECONOMIC RESEARCH
dc.subjectESSENTIAL OILS
dc.subjectEXPORT
dc.subjectEXPORT MARKETING
dc.subjectEXPORT PRICE
dc.subjectEXPORT SUBSIDIES
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTREME EVENTS
dc.subjectEXTREME WEATHER
dc.subjectEXTREME WEATHER EVENTS
dc.subjectFATS
dc.subjectFOOD DEMAND
dc.subjectFOREIGN INDUSTRIES
dc.subjectFOREIGN PRODUCER
dc.subjectFOREIGN PRODUCERS
dc.subjectFOREIGN PRODUCTION
dc.subjectFOREIGN SUPPLIERS
dc.subjectFREE TRADE
dc.subjectGENERAL EQUILIBRIUM MODEL
dc.subjectHOME MARKET
dc.subjectIMPACT OF RAINFALL
dc.subjectIMPERFECT COMPETITION
dc.subjectIMPORT TARIFFS
dc.subjectINDUSTRIAL POLICY
dc.subjectINTERNATIONAL MARKET
dc.subjectINTERNATIONAL TRADE
dc.subjectINTERNATIONAL TRADE POLICY
dc.subjectLIVE ANIMALS
dc.subjectMACROECONOMICS
dc.subjectMARGINAL COST
dc.subjectMARGINAL COSTS
dc.subjectMARGINAL EFFECTS
dc.subjectMARGINAL PRODUCTION
dc.subjectMARKET POWER
dc.subjectMARKET PRICE
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMARKET STRUCTURE
dc.subjectMARKETING
dc.subjectMARKETING BOARD
dc.subjectMARKETING BOARDS
dc.subjectMEAT
dc.subjectMEAT PRODUCTS
dc.subjectNASH EQUILIBRIUM
dc.subjectOLEAGINOUS FRUITS
dc.subjectOLIGOPOLISTIC INDUSTRIES
dc.subjectOLIGOPOLY
dc.subjectOPENNESS
dc.subjectPERFECT COMPETITION
dc.subjectPOLITICAL ECONOMY
dc.subjectPRICE ELASTICITY
dc.subjectPRICE ELASTICITY OF DEMAND
dc.subjectPRICE INCREASE
dc.subjectPRICE POLICIES
dc.subjectPRODUCER PRICE
dc.subjectPRODUCTION COSTS
dc.subjectRAIN
dc.subjectRAINFALL
dc.subjectRAINFALL DATA
dc.subjectRAINFALL DISTRIBUTION
dc.subjectRAINFALL LEVELS
dc.subjectREGRESSION ANALYSIS
dc.subjectRETURNS TO SCALE
dc.subjectSALE
dc.subjectSEASON
dc.subjectSPREAD
dc.subjectSTRATEGIC TRADE POLICY
dc.subjectSUGAR
dc.subjectSUPPLY CURVE
dc.subjectSUPPLY FUNCTION
dc.subjectSUPPLY FUNCTIONS
dc.subjectTANNING
dc.subjectTARIFF REVENUE
dc.subjectTAX REVENUES
dc.subjectTELECOMMUNICATIONS
dc.subjectTOTAL OUTPUT
dc.subjectTRADE AGREEMENTS
dc.subjectTRADE DISPUTES
dc.subjectTRADE POLICY
dc.subjectTRADE REFORM
dc.subjectVOLUME
dc.subjectWEALTH
dc.subjectWINDOW OF OPPORTUNITY
dc.subjectWORLD MARKETS
dc.subjectWORLD TRADE
dc.titleRain, Agriculture, and Tariffs

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