Distortions to Agricultural Incentives in Latin America and the Caribbean

This study on Latin America is based on a sample of eight countries, comprising the big four economies of Argentina, Brazil, Chile, and Mexico; Colombia and Ecuador, two of the poorest South American tropical countries; the Dominican Republic, the...

Full description

Bibliographic Details
Main Authors: Anderson, Kym, Valdés, Alberto
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
EGG
GDP
TAX
TEA
YAM
Online Access:http://documents.worldbank.org/curated/en/600481468335994131/Distortions-to-agricultural-incentives-in-Latin-America-and-the-Caribbean
http://hdl.handle.net/10986/28190
id okr-10986-28190
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 ADVANCED ECONOMIES
ADVERSE EFFECTS
AGRICULTURAL DEVELOPMENT
AGRICULTURAL OUTPUT
AGRICULTURAL POLICIES
AGRICULTURAL PRICE
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTS
AGRICULTURE
APPLES
BALANCE SHEETS
BEEF
BORDER PRICE
CAPITAL ACCOUNT
CASSAVA
CEREALS
CLOSED ECONOMY
COCOA
COMMERCIAL POLICY
COMMODITIES
COMMODITY
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITIVENESS
CONSUMER PRICE
CONSUMERS
CROPS
CURRENCY
DEREGULATION
DEVALUATION
DEVELOPING COUNTRIES
DEVELOPMENT STRATEGY
DOLLAR VALUE
DOMESTIC MARKET
DOMESTIC PRICE
ECONOMIC DEVELOPMENT
ECONOMIC LIBERALIZATION
ECONOMIC REFORMS
ECONOMIC SECTORS
ECONOMICS
EGG
EXCHANGE RATE
EXCHANGE RATES
EXPORTS
FARM POLICIES
FARMERS
FARMS
FISCAL DEFICIT
FOOD EXPORTS
FOOD PRICE
FOOD PRICES
FOOD PRODUCTS
FOREIGN CURRENCY
FOREIGN INVESTMENT
FREE MARKETS
FREE TRADE
FREE TRADE AGREEMENT
FRUIT
GDP
GDP PER CAPITA
GINI COEFFICIENT
GLOBAL EXPORTS
GOVERNMENT INTERVENTION
GRAINS
GROSS DOMESTIC PRODUCT
GROSS VALUE
GROUNDNUT
HUMAN CAPITAL
INCOME
INDUSTRIALIZATION
INFLATION
INPUT PRICES
INTEGRATION
INTEREST RATES
LIVELIHOODS
LIVESTOCK
LIVESTOCK PRODUCTS
MACROECONOMIC STABILIZATION
MAIZE
MARKET PRICES
MARKETING
MARKETPLACE
MERCHANDISE
MERCHANDISE EXPORTS
MONOPOLY
NET EXPORTS
OPEN ECONOMIES
OPEN ECONOMY
OUTPUTS
OVERVALUATION
PALM OIL
PEANUTS
PER CAPITA INCOME
PER CAPITA INCOMES
POLITICAL ECONOMY
POVERTY ALLEVIATION
PRICE BANDS
PRICE COMPARISONS
PRICE DISTORTION
PRICE DISTORTIONS
PRICE INCENTIVES
PRICE POLICIES
PRICE STABILITY
PRICE SUPPORT
PRICING POLICIES
PRICING POLICY
PRIVATE INVESTMENT
PRIVATIZATION
PRODUCER PRICE
PRODUCT QUALITY
RAPID GROWTH
REAL EXCHANGE RATES
REAL GDP
REFORM PROGRAMS
RETAIL
RUBBER
SAFETY NET
SOYBEAN
SOYBEANS
SPREAD
STOCKS
SUBSTITUTION
SUGAR
TAX
TAXATION
TEA
TOTAL FACTOR PRODUCTIVITY
TOTAL FACTOR PRODUCTIVITY GROWTH
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE TAXES
UNDERDEVELOPED COUNTRIES
URBANIZATION
VALUE ADDED
WAGE RATES
WHEAT
WORLD DEVELOPMENT INDICATORS
WORLD ECONOMY
WORLD TRADE
WORLD TRADE ORGANIZATION
YAM
spellingShingle ADVANCED ECONOMIES
ADVERSE EFFECTS
AGRICULTURAL DEVELOPMENT
AGRICULTURAL OUTPUT
AGRICULTURAL POLICIES
AGRICULTURAL PRICE
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTS
AGRICULTURE
APPLES
BALANCE SHEETS
BEEF
BORDER PRICE
CAPITAL ACCOUNT
CASSAVA
CEREALS
CLOSED ECONOMY
COCOA
COMMERCIAL POLICY
COMMODITIES
COMMODITY
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITIVENESS
CONSUMER PRICE
CONSUMERS
CROPS
CURRENCY
DEREGULATION
DEVALUATION
DEVELOPING COUNTRIES
DEVELOPMENT STRATEGY
DOLLAR VALUE
DOMESTIC MARKET
DOMESTIC PRICE
ECONOMIC DEVELOPMENT
ECONOMIC LIBERALIZATION
ECONOMIC REFORMS
ECONOMIC SECTORS
ECONOMICS
EGG
EXCHANGE RATE
EXCHANGE RATES
EXPORTS
FARM POLICIES
FARMERS
FARMS
FISCAL DEFICIT
FOOD EXPORTS
FOOD PRICE
FOOD PRICES
FOOD PRODUCTS
FOREIGN CURRENCY
FOREIGN INVESTMENT
FREE MARKETS
FREE TRADE
FREE TRADE AGREEMENT
FRUIT
GDP
GDP PER CAPITA
GINI COEFFICIENT
GLOBAL EXPORTS
GOVERNMENT INTERVENTION
GRAINS
GROSS DOMESTIC PRODUCT
GROSS VALUE
GROUNDNUT
HUMAN CAPITAL
INCOME
INDUSTRIALIZATION
INFLATION
INPUT PRICES
INTEGRATION
INTEREST RATES
LIVELIHOODS
LIVESTOCK
LIVESTOCK PRODUCTS
MACROECONOMIC STABILIZATION
MAIZE
MARKET PRICES
MARKETING
MARKETPLACE
MERCHANDISE
MERCHANDISE EXPORTS
MONOPOLY
NET EXPORTS
OPEN ECONOMIES
OPEN ECONOMY
OUTPUTS
OVERVALUATION
PALM OIL
PEANUTS
PER CAPITA INCOME
PER CAPITA INCOMES
POLITICAL ECONOMY
POVERTY ALLEVIATION
PRICE BANDS
PRICE COMPARISONS
PRICE DISTORTION
PRICE DISTORTIONS
PRICE INCENTIVES
PRICE POLICIES
PRICE STABILITY
PRICE SUPPORT
PRICING POLICIES
PRICING POLICY
PRIVATE INVESTMENT
PRIVATIZATION
PRODUCER PRICE
PRODUCT QUALITY
RAPID GROWTH
REAL EXCHANGE RATES
REAL GDP
REFORM PROGRAMS
RETAIL
RUBBER
SAFETY NET
SOYBEAN
SOYBEANS
SPREAD
STOCKS
SUBSTITUTION
SUGAR
TAX
TAXATION
TEA
TOTAL FACTOR PRODUCTIVITY
TOTAL FACTOR PRODUCTIVITY GROWTH
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE TAXES
UNDERDEVELOPED COUNTRIES
URBANIZATION
VALUE ADDED
WAGE RATES
WHEAT
WORLD DEVELOPMENT INDICATORS
WORLD ECONOMY
WORLD TRADE
WORLD TRADE ORGANIZATION
YAM
Anderson, Kym
Valdés, Alberto
Distortions to Agricultural Incentives in Latin America and the Caribbean
geographic_facet Latin America & Caribbean
Argentina
Brazil
Chile
Colombia
Dominican Republic
Ecuador
Mexico
Nicaragua
relation Agricultural Distortions Working Paper;70
description This study on Latin America is based on a sample of eight countries, comprising the big four economies of Argentina, Brazil, Chile, and Mexico; Colombia and Ecuador, two of the poorest South American tropical countries; the Dominican Republic, the largest Caribbean economy; and Nicaragua, the poorest country in Central America. Together, in 2000-04, these countries accounted for 78 percent of the region's population, 80 percent of the region's agricultural value added, and 84 percent of the total gross domestic product (GDP) of Latin America. The key characteristics of these economies-which account for only 4.5 percent of worldwide Gross Domestic Product (GDP), but 7.7 percent of agricultural value added and more than 10 percent of agricultural and food exports. The table reveals the considerable diversity within the region in terms of stages of development, relative resource endowments, comparative advantages and, hence, trade specialization, and the incidence of poverty and income inequality. This means that these countries represent a rich sample for comparative study. Nicaragua's per capita income is only one-seventh the global average, while the incomes of Colombia and Ecuador are one-third of this average. By contrast, the per capita incomes of Argentina and Chile average just one-eighth below and that of Mexico is one eighth above the global average. Only Argentina, Brazil, and Nicaragua are well above the global average in endowments of agricultural land per capita; the Dominican Republic and Ecuador are well below this average; and Chile, Colombia, and Mexico are a little less than one-third above the average.
format Working Paper
author Anderson, Kym
Valdés, Alberto
author_facet Anderson, Kym
Valdés, Alberto
author_sort Anderson, Kym
title Distortions to Agricultural Incentives in Latin America and the Caribbean
title_short Distortions to Agricultural Incentives in Latin America and the Caribbean
title_full Distortions to Agricultural Incentives in Latin America and the Caribbean
title_fullStr Distortions to Agricultural Incentives in Latin America and the Caribbean
title_full_unstemmed Distortions to Agricultural Incentives in Latin America and the Caribbean
title_sort distortions to agricultural incentives in latin america and the caribbean
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/600481468335994131/Distortions-to-agricultural-incentives-in-Latin-America-and-the-Caribbean
http://hdl.handle.net/10986/28190
_version_ 1764466053467865088
spelling okr-10986-281902021-04-23T14:04:46Z Distortions to Agricultural Incentives in Latin America and the Caribbean Anderson, Kym Valdés, Alberto ADVANCED ECONOMIES ADVERSE EFFECTS AGRICULTURAL DEVELOPMENT AGRICULTURAL OUTPUT AGRICULTURAL POLICIES AGRICULTURAL PRICE AGRICULTURAL PRICES AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTS AGRICULTURE APPLES BALANCE SHEETS BEEF BORDER PRICE CAPITAL ACCOUNT CASSAVA CEREALS CLOSED ECONOMY COCOA COMMERCIAL POLICY COMMODITIES COMMODITY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVENESS CONSUMER PRICE CONSUMERS CROPS CURRENCY DEREGULATION DEVALUATION DEVELOPING COUNTRIES DEVELOPMENT STRATEGY DOLLAR VALUE DOMESTIC MARKET DOMESTIC PRICE ECONOMIC DEVELOPMENT ECONOMIC LIBERALIZATION ECONOMIC REFORMS ECONOMIC SECTORS ECONOMICS EGG EXCHANGE RATE EXCHANGE RATES EXPORTS FARM POLICIES FARMERS FARMS FISCAL DEFICIT FOOD EXPORTS FOOD PRICE FOOD PRICES FOOD PRODUCTS FOREIGN CURRENCY FOREIGN INVESTMENT FREE MARKETS FREE TRADE FREE TRADE AGREEMENT FRUIT GDP GDP PER CAPITA GINI COEFFICIENT GLOBAL EXPORTS GOVERNMENT INTERVENTION GRAINS GROSS DOMESTIC PRODUCT GROSS VALUE GROUNDNUT HUMAN CAPITAL INCOME INDUSTRIALIZATION INFLATION INPUT PRICES INTEGRATION INTEREST RATES LIVELIHOODS LIVESTOCK LIVESTOCK PRODUCTS MACROECONOMIC STABILIZATION MAIZE MARKET PRICES MARKETING MARKETPLACE MERCHANDISE MERCHANDISE EXPORTS MONOPOLY NET EXPORTS OPEN ECONOMIES OPEN ECONOMY OUTPUTS OVERVALUATION PALM OIL PEANUTS PER CAPITA INCOME PER CAPITA INCOMES POLITICAL ECONOMY POVERTY ALLEVIATION PRICE BANDS PRICE COMPARISONS PRICE DISTORTION PRICE DISTORTIONS PRICE INCENTIVES PRICE POLICIES PRICE STABILITY PRICE SUPPORT PRICING POLICIES PRICING POLICY PRIVATE INVESTMENT PRIVATIZATION PRODUCER PRICE PRODUCT QUALITY RAPID GROWTH REAL EXCHANGE RATES REAL GDP REFORM PROGRAMS RETAIL RUBBER SAFETY NET SOYBEAN SOYBEANS SPREAD STOCKS SUBSTITUTION SUGAR TAX TAXATION TEA TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE TAXES UNDERDEVELOPED COUNTRIES URBANIZATION VALUE ADDED WAGE RATES WHEAT WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION YAM This study on Latin America is based on a sample of eight countries, comprising the big four economies of Argentina, Brazil, Chile, and Mexico; Colombia and Ecuador, two of the poorest South American tropical countries; the Dominican Republic, the largest Caribbean economy; and Nicaragua, the poorest country in Central America. Together, in 2000-04, these countries accounted for 78 percent of the region's population, 80 percent of the region's agricultural value added, and 84 percent of the total gross domestic product (GDP) of Latin America. The key characteristics of these economies-which account for only 4.5 percent of worldwide Gross Domestic Product (GDP), but 7.7 percent of agricultural value added and more than 10 percent of agricultural and food exports. The table reveals the considerable diversity within the region in terms of stages of development, relative resource endowments, comparative advantages and, hence, trade specialization, and the incidence of poverty and income inequality. This means that these countries represent a rich sample for comparative study. Nicaragua's per capita income is only one-seventh the global average, while the incomes of Colombia and Ecuador are one-third of this average. By contrast, the per capita incomes of Argentina and Chile average just one-eighth below and that of Mexico is one eighth above the global average. Only Argentina, Brazil, and Nicaragua are well above the global average in endowments of agricultural land per capita; the Dominican Republic and Ecuador are well below this average; and Chile, Colombia, and Mexico are a little less than one-third above the average. 2017-09-07T19:22:49Z 2017-09-07T19:22:49Z 2008-09 Working Paper http://documents.worldbank.org/curated/en/600481468335994131/Distortions-to-agricultural-incentives-in-Latin-America-and-the-Caribbean http://hdl.handle.net/10986/28190 English en_US Agricultural Distortions Working Paper;70 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 Latin America & Caribbean Argentina Brazil Chile Colombia Dominican Republic Ecuador Mexico Nicaragua