Distortions to Agricultural Incentives : A Global Perspective, 1955-2007

This book provides an overview of the evolution of distortions to agricultural incentives caused by price, trade, and exchange rate policies in a large sample of countries spanning the world. This chapter begins with a brief summary of the long history of national distortions to agricultural markets...

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Main Author:	Anderson, Kym
Format:	Publication
Language:	en_US
Published:	Washington, DC: World Bank and Palgrave Macmillan 2012
Subjects:	Agricultural Protection Distortions to Incentives Economy-wide Modeling Rural Poverty Trade Policy Urban Bias
Online Access:	http://hdl.handle.net/10986/9436

id	okr-10986-9436
recordtype	oai_dc
spelling	okr-10986-94362021-04-23T14:02:45Z Distortions to Agricultural Incentives : A Global Perspective, 1955-2007 Anderson, Kym Agricultural Protection Distortions to Incentives Economy-wide Modeling Rural Poverty Trade Policy Urban Bias This book provides an overview of the evolution of distortions to agricultural incentives caused by price, trade, and exchange rate policies in a large sample of countries spanning the world. This chapter begins with a brief summary of the long history of national distortions to agricultural markets. It then outlines the methodology used to generate annual indicators of the extent of government interventions in markets, details of which are provided in Anderson et al. (2008a, 2008b) and appendix A of this volume. A description of the economies being examined and their economic growth and structural changes over recent decades is then briefly presented as a preface to the main section of the chapter, in which the nominal rate of assistance (NRA) and consumer tax equivalent (CTE) estimates are summarized across regions and over the decades since the 1950s. These estimates are discussed in far more detail in the regional studies that follow, chapters two-ten. A summary of an additional set of indicators of agricultural price distortions, presented in chapter eleven, is based on the trade restrictiveness index first developed by Anderson and Neary (2005). In chapter twelve, the focus shifts from countries to commodities, and various distortion indicators are used to provide a sense of how distorted each of the key farm commodity markets is globally. Chapter thirteen uses the study's NRA and CTE estimates to provide a new set of results from a global economy-wide model. It quantifies the impacts of reforms undertaken since the early 1980s, and of the policies still in place as of 2004, on global markets, net farm incomes, and welfare. Finally, that chapter concludes by drawing on the lessons learned to speculate on the prospects for further reducing the disarray in world agricultural markets. 2012-08-08T19:47:56Z 2012-08-08T19:47:56Z 2009 978-0-8213-7665-2 http://hdl.handle.net/10986/9436 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank and Palgrave Macmillan Publications & Research :: Publication Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	Agricultural Protection Distortions to Incentives Economy-wide Modeling Rural Poverty Trade Policy Urban Bias
spellingShingle	Agricultural Protection Distortions to Incentives Economy-wide Modeling Rural Poverty Trade Policy Urban Bias Anderson, Kym Distortions to Agricultural Incentives : A Global Perspective, 1955-2007
description	This book provides an overview of the evolution of distortions to agricultural incentives caused by price, trade, and exchange rate policies in a large sample of countries spanning the world. This chapter begins with a brief summary of the long history of national distortions to agricultural markets. It then outlines the methodology used to generate annual indicators of the extent of government interventions in markets, details of which are provided in Anderson et al. (2008a, 2008b) and appendix A of this volume. A description of the economies being examined and their economic growth and structural changes over recent decades is then briefly presented as a preface to the main section of the chapter, in which the nominal rate of assistance (NRA) and consumer tax equivalent (CTE) estimates are summarized across regions and over the decades since the 1950s. These estimates are discussed in far more detail in the regional studies that follow, chapters two-ten. A summary of an additional set of indicators of agricultural price distortions, presented in chapter eleven, is based on the trade restrictiveness index first developed by Anderson and Neary (2005). In chapter twelve, the focus shifts from countries to commodities, and various distortion indicators are used to provide a sense of how distorted each of the key farm commodity markets is globally. Chapter thirteen uses the study's NRA and CTE estimates to provide a new set of results from a global economy-wide model. It quantifies the impacts of reforms undertaken since the early 1980s, and of the policies still in place as of 2004, on global markets, net farm incomes, and welfare. Finally, that chapter concludes by drawing on the lessons learned to speculate on the prospects for further reducing the disarray in world agricultural markets.
format	Publications & Research :: Publication
author	Anderson, Kym
author_facet	Anderson, Kym
author_sort	Anderson, Kym
title	Distortions to Agricultural Incentives : A Global Perspective, 1955-2007
title_short	Distortions to Agricultural Incentives : A Global Perspective, 1955-2007
title_full	Distortions to Agricultural Incentives : A Global Perspective, 1955-2007
title_fullStr	Distortions to Agricultural Incentives : A Global Perspective, 1955-2007
title_full_unstemmed	Distortions to Agricultural Incentives : A Global Perspective, 1955-2007
title_sort	distortions to agricultural incentives : a global perspective, 1955-2007
publisher	Washington, DC: World Bank and Palgrave Macmillan
publishDate	2012
url	http://hdl.handle.net/10986/9436
_version_	1764409352204058624

Distortions to Agricultural Incentives : A Global Perspective, 1955-2007

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