162,093 research outputs found
Welfare-based and trade-based indicators of national agricultural distortions
No full textPeter J. Lloyd, Johanna L. Croser and Kym Andersonhttp://trove.nla.gov.au/work/3551319
Novel Indicators of the Trade and Welfare Effects of Agricultural Distortions in OECD Countries.
No full textAgricultural markets in OECD countries have long been highly distorted by government policies. Traditional weighted average aggregates of the price distortions they involve, such as producer and consumer support estimates (PSEs and CSEs), can be poor indicators of the trade restrictiveness and economic welfare losses associated with them, especially if a countryÂ’s support estimates vary a lot across the product range. Supplementing those measures with estimates of trade and welfare effects of price supports requires the use of a sectoral or economy wide model and price elasticity data. This paper shows that, in the absence of such a model, and a willingness to make simple assumptions about elasticities, it is possible to generate more satisfactory indicators than PSEs and CSEs using no more than the price and quantity data used to generate them. These new indexes provide an attractive supplement to the current policy monitoring regime developed by the OECD Secretariat.Distorted incentives, agricultural price and trade policies, trade restrictiveness index
Novel indicators of the trade and welfare effects of agricultural distortions in OECD countries
No full textAgricultural markets in OECD countries have long been highly distorted by government policies. Traditional weighted average aggregates of the price distortions involved, such as producer and consumer support estimates can be poor indicators of the trade restrictiveness and economic welfare losses associated with them, especially if a country's support estimates vary a lot across the product range. Certainly estimates of trade and welfare effects of price supports can be obtained from sector or economy-wide models using price elasticity estimates, but the results can be contentiousif there is no consensus on what model specification and elasticity parameters to use. This paper shows that, if there is a willingness to accept simple assumptions about elasticities, it is possible to generate indicators of the welfare and trade restrictiveness of agricultural policies using no more than the price and quantity data needed to generate producer and consumer support estimates. These new indexes thus provide an attractive supplement to the current policy monitoring regime developed by the OECD Secretariat.Economic Theory&Research,Markets and Market Access,Emerging Markets,Crops&Crop Management Systems,Free Trade
Welfare- and trade-based indicators of national distortions to agricultural incentives
No full textDistorted incentives, agricultural and trade policy reforms, national agricultural development, Agricultural and Food Policy, International Relations/Trade, F13, F14, Q17, Q18,
Appendix B: Annual estimates of distortions to agricultural incentives in Africa
No full text© 2009 The International Bank for Reconstruction and Development / The World BankErnesto Valenzuela, Marian Kurzweil, Johanna Croser, Signe Nelgen and Kym Anderso
[Report to Chief J. E. Curry, by an unknown author #1]
No full textReport to Chief J. E. Curry, by an unknown author. The report contains a list of officers who gave depositions to the United States Attorney
[Report to Chief J. E. Curry, by an unknown author #2]
No full textReport to Chief J. E. Curry, by an unknown author. The report contains a list of officers who gave depositions to the United States Attorney
Apppendix B: Annual estimates of Latin American Distortions to Agricultural incentives
No full textErnesto Valenzuela, Marianne Kurzweil, Esteban Jara, Johanna Croser, and Kym Anderso
Global distortions to agricultural markets: indicators of trade and welfare impacts, 1960 to 2007
No full textDespite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions such as producer and consumer support estimates (PSEs and CSEs) can be poor guides to the policies' economic effects. Recent theoretical literature provides scalar index numbers of trade- and welfare-reducing effects of price and trade policies which this paper builds on to develop more-satisfactory indexes that can be generated using no more than the data used to generate PSEs and CSEs. We then exploit a new Agricultural Distortion database to provide time-series estimates of index numbers for 75 developing and high-income countries over the past half-century.Peter J. Lloyd, Johanna L. Croser and Kym Anderso
Appendix B: Annual estimates of Asian distortions to agricultural incentives
No full text© 2009 The International Bank for Reconstruction and Development / The World BankErnesto Valenzuela, Marianne Kurzweil, Johanna Croser, Signe Nelgen and Kym Andersonhttp://trove.nla.gov.au/work/18456
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