Global distortions to agricultural markets : new indicators of trade and welfare impacts, 1955 to 2007, Vol. 1 of 1

About

Countries

Data & Research

Learning

News

Projects & Operations

Publications

Topics

Home > Data & Research > Author Profile > Report Details

Global distortions to agricultural markets : new indicators of trade and welfare impacts, 1955 to 2007

Author:	Lloyd, Peter J.; Croser, Johanna L.; Anderson, Kym;	Collection Title:	Policy Research working paper ; no. WPS 4865
Country:	World;	Date Stored:	2009/03/17
Document Date:	2009/03/01	Document Type:	Policy Research Working Paper
Language:	English	Region:	The World Region
Report Number:	WPS4865	SubTopics:	Currencies and Exchange Rates; Economic Theory & Research; Markets and Market Access; Agribusiness; Trade Policy
Volume No:	1 of 1	Related Dataset:	A supplementary database of trade and welfare reduction indexes;

Summary: Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions can be poor guides to the policies' economic effects. Recent theoretical literature provides indicators of trade and welfare-reducing effects of price and trade policies which this paper builds on to develop more-satisfactory indexes. The authors exploit a new Agricultural Distortion database to generate estimates of them for developing and high-income countries over the past half century. These better approximations of the trade and welfare effects of sector policies are generated without a formal model of global markets or even price elasticity estimates.


Official Documents Official, scanned versions of documents (may include signatures, etc.)
File Type		Description	File Size (mb)

	PDF 37 pages	Official version*	2.59 (approx.)
	Text	Text version**

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.

** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page: http://go.worldbank.org/PS14KL2PF0