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China’s Agricultural Policy Transition: Impacts of Recent Reforms and Future Scenarios AgEcon
Yu, Wusheng; Jensen, Hans Grinsted.
Tipo: Conference Paper or Presentation Palavras-chave: This paper reviews recent development of China’s agricultural domestic support policy; Especially the transition from taxing farmers and agriculture to providing direct subsidies to grain production and purchased inputs. A model-based quantitative analysis on the effects of these policy changes has been conducted. Simulation results suggest that recent policy changes have likely achieved the declared policy goals of increasing grain production and boosting farm income. Much of the increase in grain production and farm income can be attributed to higher per unit return to arable land; Land reallocation to grain production; And extra agricultural employment triggered by the policy changes. Based on the assumption that China’s public assistance to agriculture and farmers will continue and rise; Two hypothetical future scenarios are simulated. If China uses up all its support allowance permitted by the WTO using existing instruments; Increased grain production; Changing trade pattern seemingly contrary to China’s comparative advantage; Increased rural employment; And significantly higher farm income (16 percent) will be expected. If alternative; Decoupled instruments are applied to raise China’s agricultural domestic support to the same allowed level; China’s agricultural production and trade will remain unchanged; Rural employment stays stable; But farm income will experience a higher boost (17 percent). Agricultural and Food Policy International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/51682
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Reforming the EU Sugar Policy AgEcon
Frandsen, Soren E.; Jensen, Hans Grinsted.
This article presents and analyses the impacts of the EU sugar policy. Particular attention is given to the modelling of the quite complex policy and the calibration of the global general equilibrium model at the member state level. Two scenarios are analysed, namely a reduction in the intervention price of sugar and the sugar quota. It is found that the economic impacts of the two scenarios are quite different in terms of the effects on European production and trade in sugar as well in terms of efficiency. The impacts for developing countries also differ considerably across the two scenarios.
Tipo: Conference Paper or Presentation Palavras-chave: EU sugar policy; General equilibrium modelling; Reform scenarios; Agricultural and Food Policy; C68; D58; Q17; Q18.
Ano: 2002 URL: http://purl.umn.edu/24837
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Trade policy responses to food price rises and implications for existing domestic support measures: the case of China in 2008 AgEcon
Yu, Wusheng; Jensen, Hans Grinsted.
Existing literature on the 2007/8 food price crisis focuses on the causes and poverty and hunger consequences of the crisis and seems to be less concerned with the interactions of different policy measures applied by governments. As such, the relative effectiveness, interactions and costs of these policy actions are often not satisfactorily explored. This paper provides a first preliminary quantitative assessment on the individual and joint effects of China’s short term trade policy actions and existing domestic support measures on domestic market prices, outputs, trade flows and farm income, using a global CGE model characterized with detailed and up-to-date policy information for China in the year of 2008. A series of interesting results emerge from our...
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis; International Relations/Trade.
Ano: 2011 URL: http://purl.umn.edu/115970
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Agricultural Domestic Support: European Union AgEcon
Jensen, Hans Grinsted.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy.
Ano: 2010 URL: http://purl.umn.edu/115434
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Multilateral Market-Access Reforms of the Doha Round: A Preliminary Assessment of Implications for EU Agricultural Trade AgEcon
Yu, Wusheng; Jensen, Hans Grinsted.
The July package of the Doha Round of trade negotiations stipulates that a tiered-formula approach should be used to significantly reduce market access barriers across countries, implying that the EU would have to make larger cuts to its high external tariffs, in comparison with many other WTO members such as the US. This paper provides a preliminary assessment of the likely impact of the tiered-formula reform approach on EU agricultural sectors. Numerical simulations of a multilateral market-access reform scenario show that such cuts would lead to across-the-board decreases in intra-EU trade flows, as compared with a baseline projection. While intra-EU trade flows would decrease, the EU's trade with the rest of the world would increase. Yet such increases...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/25138
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