Changing Contributions of Different Agricultural Policy Instruments to Global Reductions in Trade and Welfare

Trade negotiators and policy advisors are keen to know the relative contribution of different farm policy instruments to international trade and economic welfare. Nominal rates of assistance or producer support estimates are incomplete indicators,...

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Main Authors: Croser, Johanna, Anderson, Kym
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
GDP
TAX
WTO
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100623093142
http://hdl.handle.net/10986/3831
id okr-10986-3831
recordtype oai_dc
spelling okr-10986-38312021-04-23T14:02:13Z Changing Contributions of Different Agricultural Policy Instruments to Global Reductions in Trade and Welfare Croser, Johanna Anderson, Kym AGGREGATE DEMAND AGGREGATE SUPPLY AGRICULTURAL PRICE AGRICULTURAL PRICES AGRICULTURAL SUBSIDIES AGRICULTURAL TRADE AGRICULTURE AVERAGE PRICE BORDER PRICE BORDER TAX BORDER TAXES COMMODITIES COMMODITY CONSUMER PRICES CONSUMER SURPLUS CONSUMERS CONSUMPTION SUBSIDIES CONSUMPTION TAX CONSUMPTION TAXES DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DOLLAR VALUE DOLLAR VALUES DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRODUCTION ECONOMIC COOPERATION ECONOMIC RESEARCH EMERGING ECONOMIES EQUILIBRIUM EXCHANGE RATES EXPORT RESTRICTIONS EXPORT SUBSIDIES EXPORT SUBSIDY EXPORT SUPPLY EXPORT TAX EXPORT TAXES FOOD PRICE FOOD PRICES FREE TRADE GDP GENERAL EQUILIBRIUM GLOBAL TRADE GROSS VALUE IMPORT BARRIERS IMPORT PROTECTION IMPORT SUBSIDIES IMPORT SUBSIDY IMPORT TAX IMPORT TAXES IMPORT VOLUME IMPORTS INCOME INDEX NUMBERS INPUT TAXES INTERNATIONAL ECONOMICS INTERNATIONAL TRADE MARKET ACCESS OPEN ECONOMY OUTPUT OUTPUTS PARTICULAR COUNTRY POLITICAL ECONOMY PRICE ADJUSTMENT PRICE CHANGE PRICE CHANGES PRICE DISTORTION PRICE ELASTICITY PRICE ELASTICITY OF SUPPLY PRICING POLICY PRODUCER PRICE PRODUCER PRICES PRODUCER SUBSIDY SUBSIDIZATION SUPPLY CURVES SUPPLY FUNCTIONS TARIFF BORDER TARIFF RATE TARIFF RATES TARIFF REVENUE TAX TAX RATE TAXATION TRADE DISTORTIONS TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE PRICES TRADE REDUCTION TRADE REFORM TRADE RESTRICTIONS TRADE TAX TRADE TAXES TRADE VOLUME TRADE-DISTORTING POLICIES TRANSITION ECONOMIES TRANSPARENCY WORLD TRADE WORLD TRADE ORGANIZATION WTO Trade negotiators and policy advisors are keen to know the relative contribution of different farm policy instruments to international trade and economic welfare. Nominal rates of assistance or producer support estimates are incomplete indicators, especially when (especially in developing countries) some commodities are taxed and others are subsidized, in which case positive contributions can offset negative contributions. This paper develops and estimates a new set of more-satisfactory indicators to examine the relative contribution of different farm policy instruments to reductions in agricultural trade and welfare, drawing on recent literature on trade restrictiveness indexes and a recently compiled database on distortions to agricultural prices for 75 developing and high-income countries over the period 1960 to 2004. Results confirm earlier findings that border taxes are the dominant instrument affecting global trade and welfare, but they also suggest declines in export taxes contributed nearly as much as cuts in import protection to global welfare gains from agricultural policy reforms since the 1980s. 2012-03-19T18:40:35Z 2012-03-19T18:40:35Z 2010-06-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100623093142 http://hdl.handle.net/10986/3831 English Policy Research working paper ; no. WPS 5345 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic AGGREGATE DEMAND
AGGREGATE SUPPLY
AGRICULTURAL PRICE
AGRICULTURAL PRICES
AGRICULTURAL SUBSIDIES
AGRICULTURAL TRADE
AGRICULTURE
AVERAGE PRICE
BORDER PRICE
BORDER TAX
BORDER TAXES
COMMODITIES
COMMODITY
CONSUMER PRICES
CONSUMER SURPLUS
CONSUMERS
CONSUMPTION SUBSIDIES
CONSUMPTION TAX
CONSUMPTION TAXES
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT ECONOMICS
DOLLAR VALUE
DOLLAR VALUES
DOMESTIC MARKETS
DOMESTIC PRICE
DOMESTIC PRODUCTION
ECONOMIC COOPERATION
ECONOMIC RESEARCH
EMERGING ECONOMIES
EQUILIBRIUM
EXCHANGE RATES
EXPORT RESTRICTIONS
EXPORT SUBSIDIES
EXPORT SUBSIDY
EXPORT SUPPLY
EXPORT TAX
EXPORT TAXES
FOOD PRICE
FOOD PRICES
FREE TRADE
GDP
GENERAL EQUILIBRIUM
GLOBAL TRADE
GROSS VALUE
IMPORT BARRIERS
IMPORT PROTECTION
IMPORT SUBSIDIES
IMPORT SUBSIDY
IMPORT TAX
IMPORT TAXES
IMPORT VOLUME
IMPORTS
INCOME
INDEX NUMBERS
INPUT TAXES
INTERNATIONAL ECONOMICS
INTERNATIONAL TRADE
MARKET ACCESS
OPEN ECONOMY
OUTPUT
OUTPUTS
PARTICULAR COUNTRY
POLITICAL ECONOMY
PRICE ADJUSTMENT
PRICE CHANGE
PRICE CHANGES
PRICE DISTORTION
PRICE ELASTICITY
PRICE ELASTICITY OF SUPPLY
PRICING POLICY
PRODUCER PRICE
PRODUCER PRICES
PRODUCER SUBSIDY
SUBSIDIZATION
SUPPLY CURVES
SUPPLY FUNCTIONS
TARIFF BORDER
TARIFF RATE
TARIFF RATES
TARIFF REVENUE
TAX
TAX RATE
TAXATION
TRADE DISTORTIONS
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE PRICES
TRADE REDUCTION
TRADE REFORM
TRADE RESTRICTIONS
TRADE TAX
TRADE TAXES
TRADE VOLUME
TRADE-DISTORTING POLICIES
TRANSITION ECONOMIES
TRANSPARENCY
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
spellingShingle AGGREGATE DEMAND
AGGREGATE SUPPLY
AGRICULTURAL PRICE
AGRICULTURAL PRICES
AGRICULTURAL SUBSIDIES
AGRICULTURAL TRADE
AGRICULTURE
AVERAGE PRICE
BORDER PRICE
BORDER TAX
BORDER TAXES
COMMODITIES
COMMODITY
CONSUMER PRICES
CONSUMER SURPLUS
CONSUMERS
CONSUMPTION SUBSIDIES
CONSUMPTION TAX
CONSUMPTION TAXES
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT ECONOMICS
DOLLAR VALUE
DOLLAR VALUES
DOMESTIC MARKETS
DOMESTIC PRICE
DOMESTIC PRODUCTION
ECONOMIC COOPERATION
ECONOMIC RESEARCH
EMERGING ECONOMIES
EQUILIBRIUM
EXCHANGE RATES
EXPORT RESTRICTIONS
EXPORT SUBSIDIES
EXPORT SUBSIDY
EXPORT SUPPLY
EXPORT TAX
EXPORT TAXES
FOOD PRICE
FOOD PRICES
FREE TRADE
GDP
GENERAL EQUILIBRIUM
GLOBAL TRADE
GROSS VALUE
IMPORT BARRIERS
IMPORT PROTECTION
IMPORT SUBSIDIES
IMPORT SUBSIDY
IMPORT TAX
IMPORT TAXES
IMPORT VOLUME
IMPORTS
INCOME
INDEX NUMBERS
INPUT TAXES
INTERNATIONAL ECONOMICS
INTERNATIONAL TRADE
MARKET ACCESS
OPEN ECONOMY
OUTPUT
OUTPUTS
PARTICULAR COUNTRY
POLITICAL ECONOMY
PRICE ADJUSTMENT
PRICE CHANGE
PRICE CHANGES
PRICE DISTORTION
PRICE ELASTICITY
PRICE ELASTICITY OF SUPPLY
PRICING POLICY
PRODUCER PRICE
PRODUCER PRICES
PRODUCER SUBSIDY
SUBSIDIZATION
SUPPLY CURVES
SUPPLY FUNCTIONS
TARIFF BORDER
TARIFF RATE
TARIFF RATES
TARIFF REVENUE
TAX
TAX RATE
TAXATION
TRADE DISTORTIONS
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE PRICES
TRADE REDUCTION
TRADE REFORM
TRADE RESTRICTIONS
TRADE TAX
TRADE TAXES
TRADE VOLUME
TRADE-DISTORTING POLICIES
TRANSITION ECONOMIES
TRANSPARENCY
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
Croser, Johanna
Anderson, Kym
Changing Contributions of Different Agricultural Policy Instruments to Global Reductions in Trade and Welfare
geographic_facet The World Region
The World Region
relation Policy Research working paper ; no. WPS 5345
description Trade negotiators and policy advisors are keen to know the relative contribution of different farm policy instruments to international trade and economic welfare. Nominal rates of assistance or producer support estimates are incomplete indicators, especially when (especially in developing countries) some commodities are taxed and others are subsidized, in which case positive contributions can offset negative contributions. This paper develops and estimates a new set of more-satisfactory indicators to examine the relative contribution of different farm policy instruments to reductions in agricultural trade and welfare, drawing on recent literature on trade restrictiveness indexes and a recently compiled database on distortions to agricultural prices for 75 developing and high-income countries over the period 1960 to 2004. Results confirm earlier findings that border taxes are the dominant instrument affecting global trade and welfare, but they also suggest declines in export taxes contributed nearly as much as cuts in import protection to global welfare gains from agricultural policy reforms since the 1980s.
format Publications & Research :: Policy Research Working Paper
author Croser, Johanna
Anderson, Kym
author_facet Croser, Johanna
Anderson, Kym
author_sort Croser, Johanna
title Changing Contributions of Different Agricultural Policy Instruments to Global Reductions in Trade and Welfare
title_short Changing Contributions of Different Agricultural Policy Instruments to Global Reductions in Trade and Welfare
title_full Changing Contributions of Different Agricultural Policy Instruments to Global Reductions in Trade and Welfare
title_fullStr Changing Contributions of Different Agricultural Policy Instruments to Global Reductions in Trade and Welfare
title_full_unstemmed Changing Contributions of Different Agricultural Policy Instruments to Global Reductions in Trade and Welfare
title_sort changing contributions of different agricultural policy instruments to global reductions in trade and welfare
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100623093142
http://hdl.handle.net/10986/3831
_version_ 1764388568222924800