Agricultural Price Distortions, Inequality, and Poverty : Introduction and Summary

Reforms in recent decades have sharply reduced the distortions affecting agriculture in developing countries, particularly by cuts to agricultural export taxes and by some reductions in government assistance to agriculture in high-income countries,...

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Main Authors: Anderson, Kym, Cockburn, John, Martin, Will
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
GDP
WTO
Online Access:http://documents.worldbank.org/curated/en/236331468169754921/Agricultural-price-distortions-inequality-and-poverty-introduction-and-summary
http://hdl.handle.net/10986/28148
id okr-10986-28148
recordtype oai_dc
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 EFFECT
AGRICULTURAL DEVELOPMENT
AGRICULTURAL INCOMES
AGRICULTURAL LAND
AGRICULTURAL LIBERALIZATION
AGRICULTURAL POLICY
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTOR
AGRICULTURAL SECTORS
AGRICULTURAL TRADE
AGRICULTURE
BENCHMARK
BENCHMARK DATA
BENEFITS OF TRADE
CAPITAL OWNERS
COMMODITIES
COMMODITY
COMMUNICATION TECHNOLOGY
CONSTANT RETURNS TO SCALE
CONSUMER DEMAND
CONSUMER PRICES
CONSUMERS
COST OF CAPITAL
CUSTOMS
CUSTOMS REVENUE
DEBT
DEMAND CURVE
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DISTRIBUTION OF INCOME
DISTRIBUTIONAL EFFECTS
DIVIDEND
DOMESTIC PRICE
DOMESTIC PRICES
ECONOMETRIC ANALYSIS
ECONOMETRICS
ECONOMIC GROWTH
ECONOMIC IMPLICATIONS
ECONOMIC SIZE
ECONOMIES OF SCALE
ELASTICITY
ELASTICITY OF SUBSTITUTION
EMERGING ECONOMIES
EXCHANGE RATE
EXCHANGE RATE REGIMES
EXPORT DEMAND
EXPORT PRICES
EXPORT TAX
EXPORT TAXES
EXPORTS
EXTERNAL TRADE
EXTREME POVERTY
EXTREME POVERTY LINE
EXTREMELY POOR PEOPLE
FACTORS OF PRODUCTION
FARM HOUSEHOLDS
FARM INCOME
FARM INCOMES
FARM LABOR
FARM PRODUCTS
FARM WORK
FARM WORKERS
FARMER
FARMERS
FINANCIAL CRISIS
FOOD MARKETS
FOOD PRICES
FOREIGN CURRENCY
FOREIGN DEBT
FREE ACCESS
FREE TRADE
GDP
GDP PER CAPITA
GENERAL EQUILIBRIUM
GINI COEFFICIENT
GLOBAL ECONOMIC PROSPECTS
GLOBAL ECONOMY
GLOBAL MARKETS
GLOBAL POVERTY
GLOBAL TRADE
GLOBALIZATION
GOVERNMENT BUDGETS
HOUSEHOLD CONSUMPTION
HOUSEHOLD HEAD
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
HOUSEHOLD WELFARE
IMPERFECT COMPETITION
IMPORT BARRIERS
IMPORT COMPETITION
IMPORT RESTRICTIONS
IMPORTS
INCIDENCE OF POVERTY
INCOME
INCOME DISTRIBUTION
INCOME DYNAMICS
INCOME GAP
INCOME INEQUALITY
INCOME SHOCKS
INCOME TAX
INCOME TAXES
INCOME-GENERATING ACTIVITIES
INEQUALITY
INFRASTRUCTURE INVESTMENTS
INTERNATIONAL CAPITAL
INTERNATIONAL CAPITAL FLOWS
INTERNATIONAL ECONOMICS
INTERNATIONAL TRADE
IRRIGATION
LABOR MARKET
LIVESTOCK ACTIVITIES
LOW-INCOME COUNTRIES
MACROECONOMIC POLICIES
MARKET ACCESS
MONOPOLISTIC COMPETITION
MULTILATERAL AGREEMENTS
MULTILATERAL TRADE
MULTILATERAL TRADE AGREEMENTS
MULTILATERAL TRADE NEGOTIATIONS
MULTILATERAL TRADE REFORM
NATIONAL ECONOMIES
NATIONAL ECONOMY
NATIONAL MODELS
NATIONAL POVERTY
NATIONAL POVERTY HEADCOUNT
NATIONAL POVERTY LINE
NONFARM INCOME
OPEN ECONOMY
PARTIAL EQUILIBRIUM ANALYSIS
PARTICULAR COUNTRIES
PARTICULAR COUNTRY
POLITICAL ECONOMY
POLITICAL ECONOMY ANALYSIS
POOR
POOR FARM HOUSEHOLDS
POOR HOUSEHOLDS
POOR PEOPLE
POVERTY ALLEVIATION
POVERTY DATA
POVERTY HEADCOUNT INDEX
POVERTY IMPACT
POVERTY INCIDENCE
POVERTY LEVEL
POVERTY LINES
POVERTY RATE
POVERTY REDUCING
POVERTY REDUCTION
POWER PARITY
PRICE DISTORTION
PRICE DISTORTIONS
PRICE INCREASES
PRICE SUBSIDIES
PRODUCT MARKETS
PRODUCTIVITY GROWTH
PROTECTIONIST
PURCHASING POWER
RAPID GROWTH
REAL GDP
REDUCTION IN POVERTY
REGIONAL AVERAGE
REGIONAL AVERAGES
REGIONAL LEVELS
RURAL
RURAL AREAS
RURAL BASE
RURAL HOUSEHOLDS
RURAL HUMAN CAPITAL
RURAL INCOME
RURAL INEQUALITY
RURAL POOR
RURAL POVERTY
SHOPS
SKILLED WORKERS
SOCIAL PROGRAMS
SOCIAL SAFETY NETS
TARIFF PROTECTION
TARIFF REVENUE
TAX REVENUE
TAX REVENUES
TAXATION
TECHNOLOGY TRANSFER
TERMS OF TRADE
TOTAL POVERTY
TRADE BARRIERS
TRADE DATA
TRADE DISTORTIONS
TRADE IN SERVICES
TRADE LIBERALIZATION
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE POLICY REFORM
TRADE POLICY REFORMS
TRADE REFORMS
TRADE TAX
TRADE TAXES
TRADE-DISTORTING POLICIES
TRANSITION ECONOMIES
UNEMPLOYMENT
UNSKILLED LABOR
URBANIZATION
VALUE ADDED
VOLATILITY
WAGE RATES
WAGES
WEALTH
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
spellingShingle ADVERSE EFFECT
AGRICULTURAL DEVELOPMENT
AGRICULTURAL INCOMES
AGRICULTURAL LAND
AGRICULTURAL LIBERALIZATION
AGRICULTURAL POLICY
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTOR
AGRICULTURAL SECTORS
AGRICULTURAL TRADE
AGRICULTURE
BENCHMARK
BENCHMARK DATA
BENEFITS OF TRADE
CAPITAL OWNERS
COMMODITIES
COMMODITY
COMMUNICATION TECHNOLOGY
CONSTANT RETURNS TO SCALE
CONSUMER DEMAND
CONSUMER PRICES
CONSUMERS
COST OF CAPITAL
CUSTOMS
CUSTOMS REVENUE
DEBT
DEMAND CURVE
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DISTRIBUTION OF INCOME
DISTRIBUTIONAL EFFECTS
DIVIDEND
DOMESTIC PRICE
DOMESTIC PRICES
ECONOMETRIC ANALYSIS
ECONOMETRICS
ECONOMIC GROWTH
ECONOMIC IMPLICATIONS
ECONOMIC SIZE
ECONOMIES OF SCALE
ELASTICITY
ELASTICITY OF SUBSTITUTION
EMERGING ECONOMIES
EXCHANGE RATE
EXCHANGE RATE REGIMES
EXPORT DEMAND
EXPORT PRICES
EXPORT TAX
EXPORT TAXES
EXPORTS
EXTERNAL TRADE
EXTREME POVERTY
EXTREME POVERTY LINE
EXTREMELY POOR PEOPLE
FACTORS OF PRODUCTION
FARM HOUSEHOLDS
FARM INCOME
FARM INCOMES
FARM LABOR
FARM PRODUCTS
FARM WORK
FARM WORKERS
FARMER
FARMERS
FINANCIAL CRISIS
FOOD MARKETS
FOOD PRICES
FOREIGN CURRENCY
FOREIGN DEBT
FREE ACCESS
FREE TRADE
GDP
GDP PER CAPITA
GENERAL EQUILIBRIUM
GINI COEFFICIENT
GLOBAL ECONOMIC PROSPECTS
GLOBAL ECONOMY
GLOBAL MARKETS
GLOBAL POVERTY
GLOBAL TRADE
GLOBALIZATION
GOVERNMENT BUDGETS
HOUSEHOLD CONSUMPTION
HOUSEHOLD HEAD
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
HOUSEHOLD WELFARE
IMPERFECT COMPETITION
IMPORT BARRIERS
IMPORT COMPETITION
IMPORT RESTRICTIONS
IMPORTS
INCIDENCE OF POVERTY
INCOME
INCOME DISTRIBUTION
INCOME DYNAMICS
INCOME GAP
INCOME INEQUALITY
INCOME SHOCKS
INCOME TAX
INCOME TAXES
INCOME-GENERATING ACTIVITIES
INEQUALITY
INFRASTRUCTURE INVESTMENTS
INTERNATIONAL CAPITAL
INTERNATIONAL CAPITAL FLOWS
INTERNATIONAL ECONOMICS
INTERNATIONAL TRADE
IRRIGATION
LABOR MARKET
LIVESTOCK ACTIVITIES
LOW-INCOME COUNTRIES
MACROECONOMIC POLICIES
MARKET ACCESS
MONOPOLISTIC COMPETITION
MULTILATERAL AGREEMENTS
MULTILATERAL TRADE
MULTILATERAL TRADE AGREEMENTS
MULTILATERAL TRADE NEGOTIATIONS
MULTILATERAL TRADE REFORM
NATIONAL ECONOMIES
NATIONAL ECONOMY
NATIONAL MODELS
NATIONAL POVERTY
NATIONAL POVERTY HEADCOUNT
NATIONAL POVERTY LINE
NONFARM INCOME
OPEN ECONOMY
PARTIAL EQUILIBRIUM ANALYSIS
PARTICULAR COUNTRIES
PARTICULAR COUNTRY
POLITICAL ECONOMY
POLITICAL ECONOMY ANALYSIS
POOR
POOR FARM HOUSEHOLDS
POOR HOUSEHOLDS
POOR PEOPLE
POVERTY ALLEVIATION
POVERTY DATA
POVERTY HEADCOUNT INDEX
POVERTY IMPACT
POVERTY INCIDENCE
POVERTY LEVEL
POVERTY LINES
POVERTY RATE
POVERTY REDUCING
POVERTY REDUCTION
POWER PARITY
PRICE DISTORTION
PRICE DISTORTIONS
PRICE INCREASES
PRICE SUBSIDIES
PRODUCT MARKETS
PRODUCTIVITY GROWTH
PROTECTIONIST
PURCHASING POWER
RAPID GROWTH
REAL GDP
REDUCTION IN POVERTY
REGIONAL AVERAGE
REGIONAL AVERAGES
REGIONAL LEVELS
RURAL
RURAL AREAS
RURAL BASE
RURAL HOUSEHOLDS
RURAL HUMAN CAPITAL
RURAL INCOME
RURAL INEQUALITY
RURAL POOR
RURAL POVERTY
SHOPS
SKILLED WORKERS
SOCIAL PROGRAMS
SOCIAL SAFETY NETS
TARIFF PROTECTION
TARIFF REVENUE
TAX REVENUE
TAX REVENUES
TAXATION
TECHNOLOGY TRANSFER
TERMS OF TRADE
TOTAL POVERTY
TRADE BARRIERS
TRADE DATA
TRADE DISTORTIONS
TRADE IN SERVICES
TRADE LIBERALIZATION
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRADE POLICY REFORM
TRADE POLICY REFORMS
TRADE REFORMS
TRADE TAX
TRADE TAXES
TRADE-DISTORTING POLICIES
TRANSITION ECONOMIES
UNEMPLOYMENT
UNSKILLED LABOR
URBANIZATION
VALUE ADDED
VOLATILITY
WAGE RATES
WAGES
WEALTH
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
Anderson, Kym
Cockburn, John
Martin, Will
Agricultural Price Distortions, Inequality, and Poverty : Introduction and Summary
relation Agricultural Distortions Working Paper;94
description Reforms in recent decades have sharply reduced the distortions affecting agriculture in developing countries, particularly by cuts to agricultural export taxes and by some reductions in government assistance to agriculture in high-income countries, but international trade in farm products continues to be far more distorted than trade in nonfarm goods. This paper summarizes a series of empirical studies that focus on the effects of the remaining distortions to world merchandise trade for poverty and inequality, especially in developing countries. To obtain different insights into the various impacts, two global studies are undertaken using the World Bank's Linkage model, one multi-country study uses the Global Trade Analysis Project (GTAP) model, and ten country case studies are also included, each using a national economy-wide model. The Linkage model results suggest that liberalization will reduce international inequality, largely by boosting farm incomes and raising real wages for unskilled workers in developing countries, and will reduce the number of poor people worldwide by 3 percent. The analysis based on the GTAP model for a sample of 15 countries, and the ten stand-alone national case studies, all point to larger reductions in poverty, especially if only the non-poor are subjected to increased income taxation to compensate for the loss of trade tax revenue.
format Working Paper
author Anderson, Kym
Cockburn, John
Martin, Will
author_facet Anderson, Kym
Cockburn, John
Martin, Will
author_sort Anderson, Kym
title Agricultural Price Distortions, Inequality, and Poverty : Introduction and Summary
title_short Agricultural Price Distortions, Inequality, and Poverty : Introduction and Summary
title_full Agricultural Price Distortions, Inequality, and Poverty : Introduction and Summary
title_fullStr Agricultural Price Distortions, Inequality, and Poverty : Introduction and Summary
title_full_unstemmed Agricultural Price Distortions, Inequality, and Poverty : Introduction and Summary
title_sort agricultural price distortions, inequality, and poverty : introduction and summary
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/236331468169754921/Agricultural-price-distortions-inequality-and-poverty-introduction-and-summary
http://hdl.handle.net/10986/28148
_version_ 1764465391392784384
spelling okr-10986-281482021-04-23T14:04:45Z Agricultural Price Distortions, Inequality, and Poverty : Introduction and Summary Anderson, Kym Cockburn, John Martin, Will ADVERSE EFFECT AGRICULTURAL DEVELOPMENT AGRICULTURAL INCOMES AGRICULTURAL LAND AGRICULTURAL LIBERALIZATION AGRICULTURAL POLICY AGRICULTURAL PRICES AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR AGRICULTURAL SECTORS AGRICULTURAL TRADE AGRICULTURE BENCHMARK BENCHMARK DATA BENEFITS OF TRADE CAPITAL OWNERS COMMODITIES COMMODITY COMMUNICATION TECHNOLOGY CONSTANT RETURNS TO SCALE CONSUMER DEMAND CONSUMER PRICES CONSUMERS COST OF CAPITAL CUSTOMS CUSTOMS REVENUE DEBT DEMAND CURVE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISTRIBUTION OF INCOME DISTRIBUTIONAL EFFECTS DIVIDEND DOMESTIC PRICE DOMESTIC PRICES ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC GROWTH ECONOMIC IMPLICATIONS ECONOMIC SIZE ECONOMIES OF SCALE ELASTICITY ELASTICITY OF SUBSTITUTION EMERGING ECONOMIES EXCHANGE RATE EXCHANGE RATE REGIMES EXPORT DEMAND EXPORT PRICES EXPORT TAX EXPORT TAXES EXPORTS EXTERNAL TRADE EXTREME POVERTY EXTREME POVERTY LINE EXTREMELY POOR PEOPLE FACTORS OF PRODUCTION FARM HOUSEHOLDS FARM INCOME FARM INCOMES FARM LABOR FARM PRODUCTS FARM WORK FARM WORKERS FARMER FARMERS FINANCIAL CRISIS FOOD MARKETS FOOD PRICES FOREIGN CURRENCY FOREIGN DEBT FREE ACCESS FREE TRADE GDP GDP PER CAPITA GENERAL EQUILIBRIUM GINI COEFFICIENT GLOBAL ECONOMIC PROSPECTS GLOBAL ECONOMY GLOBAL MARKETS GLOBAL POVERTY GLOBAL TRADE GLOBALIZATION GOVERNMENT BUDGETS HOUSEHOLD CONSUMPTION HOUSEHOLD HEAD HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE IMPERFECT COMPETITION IMPORT BARRIERS IMPORT COMPETITION IMPORT RESTRICTIONS IMPORTS INCIDENCE OF POVERTY INCOME INCOME DISTRIBUTION INCOME DYNAMICS INCOME GAP INCOME INEQUALITY INCOME SHOCKS INCOME TAX INCOME TAXES INCOME-GENERATING ACTIVITIES INEQUALITY INFRASTRUCTURE INVESTMENTS INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL FLOWS INTERNATIONAL ECONOMICS INTERNATIONAL TRADE IRRIGATION LABOR MARKET LIVESTOCK ACTIVITIES LOW-INCOME COUNTRIES MACROECONOMIC POLICIES MARKET ACCESS MONOPOLISTIC COMPETITION MULTILATERAL AGREEMENTS MULTILATERAL TRADE MULTILATERAL TRADE AGREEMENTS MULTILATERAL TRADE NEGOTIATIONS MULTILATERAL TRADE REFORM NATIONAL ECONOMIES NATIONAL ECONOMY NATIONAL MODELS NATIONAL POVERTY NATIONAL POVERTY HEADCOUNT NATIONAL POVERTY LINE NONFARM INCOME OPEN ECONOMY PARTIAL EQUILIBRIUM ANALYSIS PARTICULAR COUNTRIES PARTICULAR COUNTRY POLITICAL ECONOMY POLITICAL ECONOMY ANALYSIS POOR POOR FARM HOUSEHOLDS POOR HOUSEHOLDS POOR PEOPLE POVERTY ALLEVIATION POVERTY DATA POVERTY HEADCOUNT INDEX POVERTY IMPACT POVERTY INCIDENCE POVERTY LEVEL POVERTY LINES POVERTY RATE POVERTY REDUCING POVERTY REDUCTION POWER PARITY PRICE DISTORTION PRICE DISTORTIONS PRICE INCREASES PRICE SUBSIDIES PRODUCT MARKETS PRODUCTIVITY GROWTH PROTECTIONIST PURCHASING POWER RAPID GROWTH REAL GDP REDUCTION IN POVERTY REGIONAL AVERAGE REGIONAL AVERAGES REGIONAL LEVELS RURAL RURAL AREAS RURAL BASE RURAL HOUSEHOLDS RURAL HUMAN CAPITAL RURAL INCOME RURAL INEQUALITY RURAL POOR RURAL POVERTY SHOPS SKILLED WORKERS SOCIAL PROGRAMS SOCIAL SAFETY NETS TARIFF PROTECTION TARIFF REVENUE TAX REVENUE TAX REVENUES TAXATION TECHNOLOGY TRANSFER TERMS OF TRADE TOTAL POVERTY TRADE BARRIERS TRADE DATA TRADE DISTORTIONS TRADE IN SERVICES TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE POLICY REFORM TRADE POLICY REFORMS TRADE REFORMS TRADE TAX TRADE TAXES TRADE-DISTORTING POLICIES TRANSITION ECONOMIES UNEMPLOYMENT UNSKILLED LABOR URBANIZATION VALUE ADDED VOLATILITY WAGE RATES WAGES WEALTH WORLD TRADE WORLD TRADE ORGANIZATION WTO Reforms in recent decades have sharply reduced the distortions affecting agriculture in developing countries, particularly by cuts to agricultural export taxes and by some reductions in government assistance to agriculture in high-income countries, but international trade in farm products continues to be far more distorted than trade in nonfarm goods. This paper summarizes a series of empirical studies that focus on the effects of the remaining distortions to world merchandise trade for poverty and inequality, especially in developing countries. To obtain different insights into the various impacts, two global studies are undertaken using the World Bank's Linkage model, one multi-country study uses the Global Trade Analysis Project (GTAP) model, and ten country case studies are also included, each using a national economy-wide model. The Linkage model results suggest that liberalization will reduce international inequality, largely by boosting farm incomes and raising real wages for unskilled workers in developing countries, and will reduce the number of poor people worldwide by 3 percent. The analysis based on the GTAP model for a sample of 15 countries, and the ten stand-alone national case studies, all point to larger reductions in poverty, especially if only the non-poor are subjected to increased income taxation to compensate for the loss of trade tax revenue. 2017-09-07T15:58:46Z 2017-09-07T15:58:46Z 2009-08 Working Paper http://documents.worldbank.org/curated/en/236331468169754921/Agricultural-price-distortions-inequality-and-poverty-introduction-and-summary http://hdl.handle.net/10986/28148 English en_US Agricultural Distortions Working Paper;94 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research