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| Lloyd, Peter J.; Croser, Johanna L.; Anderson, Kym. |
| Despite reforms over the past quarter-century, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions such as the nominal rate of assistance and consumer tax equivalent provide measures of the degree of intervention, but they can be misleading as indicators of the true effects of those policies. By drawing on recent theoretical literature that provides indicators of the trade- and welfare-reducing effects of price and trade policies, this paper develops more-satisfactory indexes for capturing distortions to agricultural incentives. It then exploits the Agricultural Distortion database recently compiled by the World Bank to generate estimates of them for both developing and high-income... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Distorted incentives; Agricultural and trade policies; Trade restrictiveness index. |
| Ano: 2009 |
URL: http://purl.umn.edu/48049 |
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| Croser, Johanna L.; Anderson, Kym. |
| For decades, agricultural price and trade policies in Sub-Saharan Africa hampered farmers’ contributions to economic growth and poverty reduction. While there has been much policy reform over the past two decades, the injections of agricultural development funding, together with on-going regional and global trade negotiations, have brought distortionary policies under the spotlight once again. A key question asked of those policies is: how much are they still reducing national economic welfare and trade? Economy-wide models are able to address that question, but they are not available for many poor countries. Even where they are, typically they apply to just one particular previous year and so are unable to provide trends in effects over time. This paper... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Distorted incentives; Agricultural price and trade policies; Trade restrictiveness index; International Development. |
| Ano: 2010 |
URL: http://purl.umn.edu/58879 |
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