Global Distortions to Key Agricultural Commodity Markets

The regional books that provided detailed estimates of distortion in developing economies are all country focused. While they include commodity details for their particular country, they are not able to provide an overview for developing countries...

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Main Authors: Anderson, Kym, Croser, Johanna L., Nelgen, Signe, Valenzuela, Ernesto
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/427571468335994805/Global-distortions-to-key-agricultural-commodity-markets
http://hdl.handle.net/10986/28169
id okr-10986-28169
recordtype oai_dc
spelling okr-10986-281692021-04-23T14:04:45Z Global Distortions to Key Agricultural Commodity Markets Anderson, Kym Croser, Johanna L. Nelgen, Signe Valenzuela, Ernesto AGRICULTURAL COMMODITIES AGRICULTURAL ECONOMICS AGRICULTURAL MARKETS AGRICULTURAL POLICY AGRICULTURAL PRICE AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTS AGRICULTURE BANANAS BARLEY BEEF CA CASH CROPS CASSAVA COCOA COCONUT COFFEE COMMODITY CONSUMER PRICES COTTON CROP CROP PRODUCTION DOMESTIC MARKET DOMESTIC MARKETS EGG FAO FARM FARM INCOMES FARM PRODUCTS FARMERS FOOD INTAKE FOOD MARKETS FOOD POLICY FOOD PRICES FOOD PRODUCTION FOOD SECURITY FOOD STAPLES FOODS FRUIT FRUITS GA GARLIC GRAIN GRAIN CROPS GRAIN PRICES GRAINS GROUNDNUT INTENSIVE FEEDING INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL TRADE JUTE LIVESTOCK LIVESTOCK PRODUCTS LIVESTOCK SECTOR MAIZE MARKET ACCESS MARKET FAILURE MARKET VOLATILITY MARKETPLACE MBI MEAT MEATS MILK MILK PRODUCTS MILLET MONOPOLY OILSEEDS ORANGE PEPPER PEPPERS PIG POOR HOUSEHOLDS POTATO POTATOES POULTRY POULTRY MEAT PRICE DISTORTION PRICE STABILITY PRICE STABILIZATION PRICE VOLATILITY PRICING POLICY PRODUCE PRODUCER PRICES PROTEIN RAPESEED RICE RICE PRICE RICE PRODUCTION RICE TRADE RUBBER SESAME SISAL SORGHUM SOYBEAN SPREAD STABLES STAPLE FOODS SUGAR SUGAR TRADE SUNFLOWER SWEET POTATO TEA TOBACCO TROPICAL CROPS TROPICAL PRODUCTS TUBERS VANILLA VEGETABLES WHEAT WOOL WORLD MARKETS YAM YAMS The regional books that provided detailed estimates of distortion in developing economies are all country focused. While they include commodity details for their particular country, they are not able to provide an overview for developing countries or high-income countries as a group, or for the world as a whole. This paper seeks to fill this gap. The paper begins by describing the overall project's coverage of 30 major commodities and their importance in regional and global agricultural production and trade. It then summarizes the nominal rates of assistance and consumer tax equivalents for twelve key covered products, together with their gross subsidy/tax equivalents in constant dollars. The paper then examines seven largely non-traded food staples that are nonetheless important food items for poor people in low-income countries. Even though those commodities are only a small share of global production and exports of farm products, they can be crucial to the food security of large segments of developing country societies. The agricultural distortions database lends itself to placing the policies affecting (or ignoring) those products in a broader perspective. The final part of the paper provides another new perspective on the project's database. It seeks to shed light on how relatively distorted are the various commodity markets from the viewpoint of global trade or welfare restrictiveness. This analysis draws on the theory outlined in the previous chapter, but switches the focus from countries to products. 2017-09-07T17:49:23Z 2017-09-07T17:49:23Z 2009-03 Working Paper http://documents.worldbank.org/curated/en/427571468335994805/Global-distortions-to-key-agricultural-commodity-markets http://hdl.handle.net/10986/28169 English en_US Agricultural Distortions Working Paper;71 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
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 AGRICULTURAL COMMODITIES
AGRICULTURAL ECONOMICS
AGRICULTURAL MARKETS
AGRICULTURAL POLICY
AGRICULTURAL PRICE
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTS
AGRICULTURE
BANANAS
BARLEY
BEEF
CA
CASH CROPS
CASSAVA
COCOA
COCONUT
COFFEE
COMMODITY
CONSUMER PRICES
COTTON
CROP
CROP PRODUCTION
DOMESTIC MARKET
DOMESTIC MARKETS
EGG
FAO
FARM
FARM INCOMES
FARM PRODUCTS
FARMERS
FOOD INTAKE
FOOD MARKETS
FOOD POLICY
FOOD PRICES
FOOD PRODUCTION
FOOD SECURITY
FOOD STAPLES
FOODS
FRUIT
FRUITS
GA
GARLIC
GRAIN
GRAIN CROPS
GRAIN PRICES
GRAINS
GROUNDNUT
INTENSIVE FEEDING
INTERNATIONAL MARKET
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
JUTE
LIVESTOCK
LIVESTOCK PRODUCTS
LIVESTOCK SECTOR
MAIZE
MARKET ACCESS
MARKET FAILURE
MARKET VOLATILITY
MARKETPLACE
MBI
MEAT
MEATS
MILK
MILK PRODUCTS
MILLET
MONOPOLY
OILSEEDS
ORANGE
PEPPER
PEPPERS
PIG
POOR HOUSEHOLDS
POTATO
POTATOES
POULTRY
POULTRY MEAT
PRICE DISTORTION
PRICE STABILITY
PRICE STABILIZATION
PRICE VOLATILITY
PRICING POLICY
PRODUCE
PRODUCER PRICES
PROTEIN
RAPESEED
RICE
RICE PRICE
RICE PRODUCTION
RICE TRADE
RUBBER
SESAME
SISAL
SORGHUM
SOYBEAN
SPREAD
STABLES
STAPLE FOODS
SUGAR
SUGAR TRADE
SUNFLOWER
SWEET POTATO
TEA
TOBACCO
TROPICAL CROPS
TROPICAL PRODUCTS
TUBERS
VANILLA
VEGETABLES
WHEAT
WOOL
WORLD MARKETS
YAM
YAMS
spellingShingle AGRICULTURAL COMMODITIES
AGRICULTURAL ECONOMICS
AGRICULTURAL MARKETS
AGRICULTURAL POLICY
AGRICULTURAL PRICE
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTS
AGRICULTURE
BANANAS
BARLEY
BEEF
CA
CASH CROPS
CASSAVA
COCOA
COCONUT
COFFEE
COMMODITY
CONSUMER PRICES
COTTON
CROP
CROP PRODUCTION
DOMESTIC MARKET
DOMESTIC MARKETS
EGG
FAO
FARM
FARM INCOMES
FARM PRODUCTS
FARMERS
FOOD INTAKE
FOOD MARKETS
FOOD POLICY
FOOD PRICES
FOOD PRODUCTION
FOOD SECURITY
FOOD STAPLES
FOODS
FRUIT
FRUITS
GA
GARLIC
GRAIN
GRAIN CROPS
GRAIN PRICES
GRAINS
GROUNDNUT
INTENSIVE FEEDING
INTERNATIONAL MARKET
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
JUTE
LIVESTOCK
LIVESTOCK PRODUCTS
LIVESTOCK SECTOR
MAIZE
MARKET ACCESS
MARKET FAILURE
MARKET VOLATILITY
MARKETPLACE
MBI
MEAT
MEATS
MILK
MILK PRODUCTS
MILLET
MONOPOLY
OILSEEDS
ORANGE
PEPPER
PEPPERS
PIG
POOR HOUSEHOLDS
POTATO
POTATOES
POULTRY
POULTRY MEAT
PRICE DISTORTION
PRICE STABILITY
PRICE STABILIZATION
PRICE VOLATILITY
PRICING POLICY
PRODUCE
PRODUCER PRICES
PROTEIN
RAPESEED
RICE
RICE PRICE
RICE PRODUCTION
RICE TRADE
RUBBER
SESAME
SISAL
SORGHUM
SOYBEAN
SPREAD
STABLES
STAPLE FOODS
SUGAR
SUGAR TRADE
SUNFLOWER
SWEET POTATO
TEA
TOBACCO
TROPICAL CROPS
TROPICAL PRODUCTS
TUBERS
VANILLA
VEGETABLES
WHEAT
WOOL
WORLD MARKETS
YAM
YAMS
Anderson, Kym
Croser, Johanna L.
Nelgen, Signe
Valenzuela, Ernesto
Global Distortions to Key Agricultural Commodity Markets
relation Agricultural Distortions Working Paper;71
description The regional books that provided detailed estimates of distortion in developing economies are all country focused. While they include commodity details for their particular country, they are not able to provide an overview for developing countries or high-income countries as a group, or for the world as a whole. This paper seeks to fill this gap. The paper begins by describing the overall project's coverage of 30 major commodities and their importance in regional and global agricultural production and trade. It then summarizes the nominal rates of assistance and consumer tax equivalents for twelve key covered products, together with their gross subsidy/tax equivalents in constant dollars. The paper then examines seven largely non-traded food staples that are nonetheless important food items for poor people in low-income countries. Even though those commodities are only a small share of global production and exports of farm products, they can be crucial to the food security of large segments of developing country societies. The agricultural distortions database lends itself to placing the policies affecting (or ignoring) those products in a broader perspective. The final part of the paper provides another new perspective on the project's database. It seeks to shed light on how relatively distorted are the various commodity markets from the viewpoint of global trade or welfare restrictiveness. This analysis draws on the theory outlined in the previous chapter, but switches the focus from countries to products.
format Working Paper
author Anderson, Kym
Croser, Johanna L.
Nelgen, Signe
Valenzuela, Ernesto
author_facet Anderson, Kym
Croser, Johanna L.
Nelgen, Signe
Valenzuela, Ernesto
author_sort Anderson, Kym
title Global Distortions to Key Agricultural Commodity Markets
title_short Global Distortions to Key Agricultural Commodity Markets
title_full Global Distortions to Key Agricultural Commodity Markets
title_fullStr Global Distortions to Key Agricultural Commodity Markets
title_full_unstemmed Global Distortions to Key Agricultural Commodity Markets
title_sort global distortions to key agricultural commodity markets
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/427571468335994805/Global-distortions-to-key-agricultural-commodity-markets
http://hdl.handle.net/10986/28169
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