Methodology for Measuring Distortions to Agricultural Incentives

This paper outlines the methodological issues associated with the task of measuring that actual delivered direct protection or taxation to individual agricultural industries, as well as the direct protection or anti-protection to non-agricultural s...

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Bibliographic Details
Main Authors:	Anderson, Kym, Kurzweil, Marianne, Martin, Will, Sandri, Damiano, Valenzuela, Ernesto
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	ADVERSE IMPACT AGRICULTURAL OUTPUT AGRICULTURAL PRICE AGRICULTURE ARBITRAGE AUTARCHY BANKING SYSTEM BENCHMARK BENCHMARKS BILATERAL TRADE BLACK MARKET BLACK MARKET PREMIUM BORDER PRICE BUSINESS REGULATIONS CAPITAL FLOWS CAPITAL INFLOWS CENTRAL BANK COMMERCIAL BANKING COMMERCIAL BANKS COMMODITIES COMMODITY COMMODITY PRICES CONSUMER PRICE CONSUMER PRICES CONSUMER SURPLUS CONSUMERS COUNTRY OF ORIGIN CURRENCY CURRENT ACCOUNT CUSTOMS UNIONS DEBT DEMAND CURVES DEVALUATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DIRECT PAYMENTS DOLLAR VALUE DOLLAR VALUES DOMESTIC CURRENCY DOMESTIC CURRENCY PRICE DOMESTIC DEMAND DOMESTIC MARKET DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRICE LEVEL DOMESTIC PRICES ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC MODEL ECONOMIC MODELS ECONOMIC PERFORMANCE ECONOMIC RESEARCH ELASTICITY EQUILIBRIUM EXCESS DEMAND EXCHANGE RATE EXCHANGE RATE MISALIGNMENT EXCHANGE RATE OVERVALUATION EXCHANGE RATE POLICY EXCHANGE RATE REGIME EXCHANGE RATE SYSTEM EXCHANGE RATES EXOGENOUS VARIABLES EXPENDITURE EXPORT SECTOR EXPORT SUBSIDY EXPORTERS EXPORTS EXTERNALITIES FINANCIAL MARKET FINANCIAL MARKETS FOOD PRICE FOOD PRODUCTION FOREIGN CURRENCY FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RATE FOREIGN INVESTMENT FOREIGN TRADE FREE MARKET FREE TRADE GDP GENERAL EQUILIBRIUM GENERAL EQUILIBRIUM ANALYSIS GENERALIZED SYSTEM OF PREFERENCES GLOBAL ECONOMY GLOBALIZATION GOVERNMENT ACTIONS GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GOVERNMENT REGULATION GROSS VALUE HIGH-INCOME COUNTRIES IMPERFECT COMPETITION IMPORT IMPORT BARRIERS IMPORT DEMAND IMPORT PRICE IMPORT PROTECTION IMPORT TARIFF IMPORT TARIFFS IMPORTS INCOME INCOMES INSURANCE INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL PRICE INTERNATIONAL PRICES INTERNATIONAL TRADE LABOR MARKETS LIBERALIZATION LOCAL CURRENCY LOW-INCOME COUNTRIES LOW-INCOME COUNTRY MACROECONOMIC POLICY MANUFACTURING INDUSTRIES MARGINAL COSTS MARKET ACCESS MARKET CONDITIONS MARKET EXCHANGE RATE MARKET EXCHANGE RATES MARKET FAILURES MARKET INTEGRATION MARKET POWER MARKET PRICE MARKET RATE MARKET REFORM MARKET STRUCTURE MARKETING BOARDS MERCHANDISE MERCHANDISE TRADE MONEY SUPPLY MONOPOLY MULTIPLE EXCHANGE RATE MULTIPLE EXCHANGE RATES NATIONAL ECONOMY NATURAL RESOURCE OPEN ECONOMY OUTPUTS OVERVALUATION PARTICULAR COUNTRY POLITICAL ECONOMY POVERTY ALLEVIATION PREFERENTIAL ACCESS PRICE BANDS PRICE CHANGES PRICE COMPARISON PRICE COMPARISONS PRICE CONTROLS PRICE DISTORTION PRICE DISTORTIONS PRICE ELASTICITIES PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE ELASTICITY OF SUPPLY PRICE INCENTIVES PRICE LEVEL PRICE SERIES PRICE SUPPORT PRICE VOLATILITY PRICING POLICY PRODUCER PRICE PRODUCT DIFFERENTIATION PURCHASE PRICE REAL APPRECIATION REAL DEVALUATION REAL EXCHANGE RATE REAL EXCHANGE RATE APPRECIATION REAL EXCHANGE RATE CHANGES REAL EXCHANGE RATES RELATIVE PRICE RELATIVE PRICES REMITTANCES RETAIL RETAIL MARKETING RETAIL PRICE RURAL INFRASTRUCTURE SALE SALES SECONDARY MARKET SERVICES MARKETS SMALL ECONOMIES SMALL ECONOMY SOCIAL COST SPREAD STANDARD DEVIATION STANDARD DEVIATIONS SUBSTITUTE SUBSTITUTION SUPPLY CURVES SUPPLY INCREASES TARIFF BARRIERS TAX TAX RATE TAXATION TECHNOLOGICAL ADVANCES TECHNOLOGICAL CHANGES THIRD WORLD TRADE BARRIERS TRADE FACILITATION TRADE POLICIES TRADE POLICY TRADE RESTRICTIVENESS TRADE TAX TRADE TAXES TRADES TRANSITION ECONOMIES UNDERVALUATION URUGUAY ROUND VALUE ADDED VALUE OF OUTPUT WEALTH WEIGHTS WELFARE ECONOMICS WHOLESALE PRICES WHOLESALER WHOLESALERS WHOLESALING WORLD ECONOMY WORLD TRADE WTO
Online Access:	http://documents.worldbank.org/curated/en/495511468157502089/Methodology-for-measuring-distortions-to-agricultural-incentives http://hdl.handle.net/10986/28271

Description
Summary:	This paper outlines the methodological issues associated with the task of measuring that actual delivered direct protection or taxation to individual agricultural industries, as well as the direct protection or anti-protection to non-agricultural sectors. It begins with a guide to what elements in principle could be measured. There are two key purposes of the distortion estimates being generated by this project are: 1) to provide a long annual time series of indicators showing the extent to which price incentives faced by farmers and food consumers have been distorted directly and indirectly by own-government policies in all major developing, transition and high-income countries, and hence for the world as a whole; and 2) to attribute the price distortion estimates for each farm product to specific border or domestic policy measures, so they can serve as inputs into various types of partial and general equilibrium economic models for estimating the effects of those various policies on such things as national and international agricultural markets, farm value added, income inequality, poverty, and national, regional and global welfare.

Methodology for Measuring Distortions to Agricultural Incentives

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