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| Bureau, Jean-Christophe; Salvatici, Luca. |
| This paper provides a summary measure of the possible new commitments in the area of market access undertaken by the European Union and the United States, using the Trade Restrictiveness Index (TRI) as the tariff aggregator. Indicators such as the TRI, based on welfare theory, integrate economic behavioural assumptions within a balance of trade framework. We take the 2000 bound tariffs as the starting point and attempt to assess how much liberalisation in agriculture could be achieved in the European Union and the United States as a result of the present negotiations. We compute the index for agricultural commodity aggregates assuming a specific (Constant Elasticity of Substitution) functional form for import demand. The present levels of the TRI under the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International agricultural trade; Agricultural price; Income; Policy analysis; International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/24883 |
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