Distortions to World Trade : Impacts on Agricultural Markets and Farm Incomes

Distortions to World Trade : Impacts on Agricultural Markets and Farm Incomes

The authors provide estimates of the impact that removing all merchandise trade distortions (including agricultural subsidies) would have on food and agricultural production, trade, and incomes. Using the latest versions of the Global Trade Analysis Project (GTAP) database and the World Bank's...

Full description

Bibliographic Details
Main Authors: Anderson, Kym, Martin, Will, van der Mensbrugghe, Dominique
Format: Publications & Research
Language:English
Published: World Bank, Washington, DC 2012
Online Access:http://documents.worldbank.org/curated/en/2005/10/6318281/distortions-world-trade-impacts-agricultural-markets-farm-incomes
http://hdl.handle.net/10986/8642
id okr-10986-8642
recordtype oai_dc
spelling okr-10986-86422021-04-23T14:02:43Z Distortions to World Trade : Impacts on Agricultural Markets and Farm Incomes Anderson, Kym Martin, Will van der Mensbrugghe, Dominique The authors provide estimates of the impact that removing all merchandise trade distortions (including agricultural subsidies) would have on food and agricultural production, trade, and incomes. Using the latest versions of the Global Trade Analysis Project (GTAP) database and the World Bank's LINKAGE model of the global economy (projected to 2015), their results suggest farm employment, the real value of agricultural output and exports, the real returns to farm land and unskilled labor, and real net farm incomes would all rise substantially in developing country regions with a move to free merchandise trade, thereby alleviating rural poverty-despite the decline in international terms of trade for developing countries that are net food importers or are enjoying preferential access to agricultural markets of high-income countries. 2012-06-21T15:22:41Z 2012-06-21T15:22:41Z 2005-10 http://documents.worldbank.org/curated/en/2005/10/6318281/distortions-world-trade-impacts-agricultural-markets-farm-incomes http://hdl.handle.net/10986/8642 English Policy Research Working Paper; No. 3736 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
relation Policy Research Working Paper; No. 3736
description The authors provide estimates of the impact that removing all merchandise trade distortions (including agricultural subsidies) would have on food and agricultural production, trade, and incomes. Using the latest versions of the Global Trade Analysis Project (GTAP) database and the World Bank's LINKAGE model of the global economy (projected to 2015), their results suggest farm employment, the real value of agricultural output and exports, the real returns to farm land and unskilled labor, and real net farm incomes would all rise substantially in developing country regions with a move to free merchandise trade, thereby alleviating rural poverty-despite the decline in international terms of trade for developing countries that are net food importers or are enjoying preferential access to agricultural markets of high-income countries.
format Publications & Research
author Anderson, Kym
Martin, Will
van der Mensbrugghe, Dominique
spellingShingle Anderson, Kym
Martin, Will
van der Mensbrugghe, Dominique
Distortions to World Trade : Impacts on Agricultural Markets and Farm Incomes
author_facet Anderson, Kym
Martin, Will
van der Mensbrugghe, Dominique
author_sort Anderson, Kym
title Distortions to World Trade : Impacts on Agricultural Markets and Farm Incomes
title_short Distortions to World Trade : Impacts on Agricultural Markets and Farm Incomes
title_full Distortions to World Trade : Impacts on Agricultural Markets and Farm Incomes
title_fullStr Distortions to World Trade : Impacts on Agricultural Markets and Farm Incomes
title_full_unstemmed Distortions to World Trade : Impacts on Agricultural Markets and Farm Incomes
title_sort distortions to world trade : impacts on agricultural markets and farm incomes
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2005/10/6318281/distortions-world-trade-impacts-agricultural-markets-farm-incomes
http://hdl.handle.net/10986/8642
_version_ 1764407849400664064

Similar Items