| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Trade and Welfare Impacts of Partial Liberalization of U.S. Sugar TRQs: The Application of a PE/GE Modeling Approach
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| Autores: |
Meade, Birgit Gisela Saager
Grant, Jason H.
Regmi, Anita
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| Data: |
2010-05-05
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| Ano: |
2010
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| Palavras-chave: |
International Relations/Trade
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| Resumo: |
The sugar sector is one of the most heavily protected commodities in agriculture using a system of tariff rate quotas (TRQs) with a complex set of administration procedures. General equilibrium models are not suitable to analyze trade liberalization scenarios that involve numerous tariff-rate quotas across narrowly defined product lines. We use the Rutherford/Grant/Hertel modeling approach by embedding a detailed, partial equilibrium (PE) model into a standard, global general equilibrium (GE) framework. We use this PE/GE model to compare trade and welfare outcomes of two liberalization scenarios: Increasing quota levels by 25% and cutting over tariffs by 50%, versus increasing quota levels by 50% and cutting over-quota tariffs by 25%. We find that lowering over-quota tariffs relatively more has more positive welfare effects than increasing quota levels relatively more.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/61657
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| Relação: |
Agricultural and Applied Economics Association>2010 Annual Meeting, July 25-27, 2010, Denver, Colorado
Selected Paper
11849
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| Formato: |
31
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