Tracking Distortions in Agriculture : China and Its Accession to the World Trade Organization
This article examines the impacts of China's accession to the World Trade Organization (WTO) on prices in its agricultural sector. The analysis uses a new methodology to estimate nominal protection rates in China's agricultural sector bef...
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| Format: | Journal Article |
| Language: | English en_US |
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Washington, DC: World Bank
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2004/01/17742428/tracking-distortions-agriculture-china-accession-world-trade-organization http://hdl.handle.net/10986/17154 |
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okr-10986-171542021-04-23T14:03:29Z Tracking Distortions in Agriculture : China and Its Accession to the World Trade Organization Huang, Jikun Rozelle, Scott Chang, Min ADVERSE IMPACTS AGRICULTURAL COMMODITIES AGRICULTURAL ECONOMICS AGRICULTURAL PRICE AGRICULTURAL PRICES AGRICULTURE ARBITRAGE AUCTION AVERAGE PRICE AVERAGE PRICES BARRIER BORDER PRICE CAPS CHANGES IN PRICES CLIMATE COMMERCE COMMERCIAL MARKETS COMMODITIES COMMODITY COMMODITY MARKETS COMPARATIVE ADVANTAGE CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDICES CONSUMERS COST INCREASES COTTON PRICES CURRENCY DEFLATION DOMESTIC ECONOMY DOMESTIC MARKET DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRICES ECONOMIC REFORM EXCHANGE RATE EXPORT MARKETS EXPORTS EXTERNAL SHOCKS FINANCIAL ASSISTANCE FINANCIAL SUPPORT FOOD PRODUCTION FOREIGN TRADE FREE TRADE FREE TRADE AGREEMENT GLOBAL MARKETS GOVERNMENT SUBSIDIES GROSS VALUE IMPORTS INCOME INCOME GROUPS INCOMES INFLATION INPUT PRICES INSURANCE INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL TRADE LABOR MARKET LIBERALIZATION LOW TARIFF LOWER PRICE LOWER PRICES MARKET ACCESS MARKET FORCES MARKET INTEGRATION MARKET PERFORMANCE MARKET PRICES MARKET TOWNS MARKETING OPEN MARKETS OUTPUT POLITICAL ECONOMY PRICE CHANGES PRICE DISTORTIONS PRICE INDEX PRICE LEVEL PRICE LEVELS PRICE MOVEMENTS PRICE PROTECTION PRICE SERIES PRICE TAKERS PRICE TRENDS PRODUCER PRICES QUOTAS REBATE REBATES REGULATORS REMOTE AREAS REMOTE REGIONS RESOURCE ECONOMICS SALE SALES STOCKS SUBSTITUTION SUPPLIERS SUPPLY SHOCK SUPPLY SIDE TAX TAX RATE TAXATION TAXATION POLICY TRADE BARRIERS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE REFORMS TRADING PARTNERS TRADING SYSTEM TRANSACTION COST TRANSACTION COSTS TYING VALUE ADDED WAGES WHOLESALE MARKET WHOLESALE PRICE WHOLESALERS WORLD MARKET WORLD MARKETS WORLD TRADE WORLD TRADE ORGANIZATION WTO This article examines the impacts of China's accession to the World Trade Organization (WTO) on prices in its agricultural sector. The analysis uses a new methodology to estimate nominal protection rates in China's agricultural sector before its accession to the WTO. These new measures account for differences in commodity quality within China and between China and world markets. The analysis shows that some of China's agricultural commodities are well above world market prices and others are well below. The article also assesses market integration and efficiency in China. It finds high degrees of integration between coastal and inland markets and between regional and village markets. The remarkable improvements in market performance in recent years mean that if increased imports or exports affect China's domestic price near the border, producers throughout most of China will feel the price shifts. 2014-02-25T22:43:54Z 2014-02-25T22:43:54Z 2004-01 Journal Article http://documents.worldbank.org/curated/en/2004/01/17742428/tracking-distortions-agriculture-china-accession-world-trade-organization World Bank Economic Review http://hdl.handle.net/10986/17154 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Journal Article Publications & Research East Asia and Pacific China |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ADVERSE IMPACTS AGRICULTURAL COMMODITIES AGRICULTURAL ECONOMICS AGRICULTURAL PRICE AGRICULTURAL PRICES AGRICULTURE ARBITRAGE AUCTION AVERAGE PRICE AVERAGE PRICES BARRIER BORDER PRICE CAPS CHANGES IN PRICES CLIMATE COMMERCE COMMERCIAL MARKETS COMMODITIES COMMODITY COMMODITY MARKETS COMPARATIVE ADVANTAGE CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDICES CONSUMERS COST INCREASES COTTON PRICES CURRENCY DEFLATION DOMESTIC ECONOMY DOMESTIC MARKET DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRICES ECONOMIC REFORM EXCHANGE RATE EXPORT MARKETS EXPORTS EXTERNAL SHOCKS FINANCIAL ASSISTANCE FINANCIAL SUPPORT FOOD PRODUCTION FOREIGN TRADE FREE TRADE FREE TRADE AGREEMENT GLOBAL MARKETS GOVERNMENT SUBSIDIES GROSS VALUE IMPORTS INCOME INCOME GROUPS INCOMES INFLATION INPUT PRICES INSURANCE INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL TRADE LABOR MARKET LIBERALIZATION LOW TARIFF LOWER PRICE LOWER PRICES MARKET ACCESS MARKET FORCES MARKET INTEGRATION MARKET PERFORMANCE MARKET PRICES MARKET TOWNS MARKETING OPEN MARKETS OUTPUT POLITICAL ECONOMY PRICE CHANGES PRICE DISTORTIONS PRICE INDEX PRICE LEVEL PRICE LEVELS PRICE MOVEMENTS PRICE PROTECTION PRICE SERIES PRICE TAKERS PRICE TRENDS PRODUCER PRICES QUOTAS REBATE REBATES REGULATORS REMOTE AREAS REMOTE REGIONS RESOURCE ECONOMICS SALE SALES STOCKS SUBSTITUTION SUPPLIERS SUPPLY SHOCK SUPPLY SIDE TAX TAX RATE TAXATION TAXATION POLICY TRADE BARRIERS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE REFORMS TRADING PARTNERS TRADING SYSTEM TRANSACTION COST TRANSACTION COSTS TYING VALUE ADDED WAGES WHOLESALE MARKET WHOLESALE PRICE WHOLESALERS WORLD MARKET WORLD MARKETS WORLD TRADE WORLD TRADE ORGANIZATION WTO |
| spellingShingle |
ADVERSE IMPACTS AGRICULTURAL COMMODITIES AGRICULTURAL ECONOMICS AGRICULTURAL PRICE AGRICULTURAL PRICES AGRICULTURE ARBITRAGE AUCTION AVERAGE PRICE AVERAGE PRICES BARRIER BORDER PRICE CAPS CHANGES IN PRICES CLIMATE COMMERCE COMMERCIAL MARKETS COMMODITIES COMMODITY COMMODITY MARKETS COMPARATIVE ADVANTAGE CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDICES CONSUMERS COST INCREASES COTTON PRICES CURRENCY DEFLATION DOMESTIC ECONOMY DOMESTIC MARKET DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRICES ECONOMIC REFORM EXCHANGE RATE EXPORT MARKETS EXPORTS EXTERNAL SHOCKS FINANCIAL ASSISTANCE FINANCIAL SUPPORT FOOD PRODUCTION FOREIGN TRADE FREE TRADE FREE TRADE AGREEMENT GLOBAL MARKETS GOVERNMENT SUBSIDIES GROSS VALUE IMPORTS INCOME INCOME GROUPS INCOMES INFLATION INPUT PRICES INSURANCE INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL TRADE LABOR MARKET LIBERALIZATION LOW TARIFF LOWER PRICE LOWER PRICES MARKET ACCESS MARKET FORCES MARKET INTEGRATION MARKET PERFORMANCE MARKET PRICES MARKET TOWNS MARKETING OPEN MARKETS OUTPUT POLITICAL ECONOMY PRICE CHANGES PRICE DISTORTIONS PRICE INDEX PRICE LEVEL PRICE LEVELS PRICE MOVEMENTS PRICE PROTECTION PRICE SERIES PRICE TAKERS PRICE TRENDS PRODUCER PRICES QUOTAS REBATE REBATES REGULATORS REMOTE AREAS REMOTE REGIONS RESOURCE ECONOMICS SALE SALES STOCKS SUBSTITUTION SUPPLIERS SUPPLY SHOCK SUPPLY SIDE TAX TAX RATE TAXATION TAXATION POLICY TRADE BARRIERS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE REFORMS TRADING PARTNERS TRADING SYSTEM TRANSACTION COST TRANSACTION COSTS TYING VALUE ADDED WAGES WHOLESALE MARKET WHOLESALE PRICE WHOLESALERS WORLD MARKET WORLD MARKETS WORLD TRADE WORLD TRADE ORGANIZATION WTO Huang, Jikun Rozelle, Scott Chang, Min Tracking Distortions in Agriculture : China and Its Accession to the World Trade Organization |
| geographic_facet |
East Asia and Pacific China |
| description |
This article examines the impacts of
China's accession to the World Trade Organization (WTO)
on prices in its agricultural sector. The analysis uses a
new methodology to estimate nominal protection rates in
China's agricultural sector before its accession to the
WTO. These new measures account for differences in commodity
quality within China and between China and world markets.
The analysis shows that some of China's agricultural
commodities are well above world market prices and others
are well below. The article also assesses market integration
and efficiency in China. It finds high degrees of
integration between coastal and inland markets and between
regional and village markets. The remarkable improvements in
market performance in recent years mean that if increased
imports or exports affect China's domestic price near
the border, producers throughout most of China will feel the
price shifts. |
| format |
Journal Article |
| author |
Huang, Jikun Rozelle, Scott Chang, Min |
| author_facet |
Huang, Jikun Rozelle, Scott Chang, Min |
| author_sort |
Huang, Jikun |
| title |
Tracking Distortions in Agriculture : China and Its Accession to the World Trade Organization |
| title_short |
Tracking Distortions in Agriculture : China and Its Accession to the World Trade Organization |
| title_full |
Tracking Distortions in Agriculture : China and Its Accession to the World Trade Organization |
| title_fullStr |
Tracking Distortions in Agriculture : China and Its Accession to the World Trade Organization |
| title_full_unstemmed |
Tracking Distortions in Agriculture : China and Its Accession to the World Trade Organization |
| title_sort |
tracking distortions in agriculture : china and its accession to the world trade organization |
| publisher |
Washington, DC: World Bank |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2004/01/17742428/tracking-distortions-agriculture-china-accession-world-trade-organization http://hdl.handle.net/10986/17154 |
| _version_ |
1764433187910451200 |