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Provedor de dados:  AgEcon
País:  United States
Título:  GROUNDNUT TRADE LIBERALIZATION: A SOUTH-SOUTH DEBATE?
Autores:  Beghin, John C.
Diop, Ndiame
Matthey, Holger
Sewadeh, Mirvat
Data:  2003-11-07
Ano:  2003
Palavras-chave:  Distortion
Doha
Groundnuts
Negotiations
Oil
Peanut
Protection
Trade liberalization
Crop Production/Industries
International Relations/Trade
Resumo:  We use a new partial-equilibrium, multi-market international model to analyze trade and agricultural policies affecting markets for peanut/groundnut products. The model covers four goods in thirteen countries/regions, including a large set of developing countries. Welfare is evaluated by looking at consumers' equivalent variation, quasi-profits in farming, quasi-profits in crushing, and taxpayers' revenues and outlays implied by distortions. We calibrate the model on recent historical data and current policy information. We analyze several groundnut trade liberalization scenarios in deviation from the recent historical baseline. Trade liberalization in groundnut markets has a strong South-South dimension, opposing India and, to a lesser extent, China to smaller developing countries mainly located in Africa. In the former, current policies, exacerbated by their market size, depress the world prices of groundnut products. Under free trade, African exporters present in these world markets would gain because they are net sellers of groundnut products. In India, consumers would be better off, with lower consumer prices resulting from the removal of prohibitive tariffs and large imports of groundnut products. The cost of the adjustment would fall on Indian farmers and crushers. In China, crush margins would improve because of the large terms-of-trade effects in the oil market relative to the seed market. China's groundnut product exports would expand dramatically. Net buyers of groundnut products in OECD (Organisation of Economic Co-operation and Development) countries would be worse off. We draw implications for Doha negotiations.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  11273

http://purl.umn.edu/18329
Editor:  AgEcon Search
Relação:  Iowa State University>Center for Agricultural and Rural Development>CARD Working Paper Series
CARD Working Paper 03-WP 347
Formato:  37

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