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Will Special Agricultural Safeguards Advance or Retard LDC Growth and Welfare? A Dynamic General Equilibrium Analysis

Agapi L. Somwaru () and David W. Skully

No 19533, 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This study examines the potential magnitude and distribution of the costs and benefits of allowing developing countries to establish Special Safeguards (SSGs) for staple agricultural commodities. An inter-temporal general equilibrium model used to simulate the static and dynamic effects of SSGs. Our results indicate that developing countries in aggregate lose welfare when SSGs are imposed for staple food and for all agricultural commodities as opposed to agricultural trade liberalization without SSGs. However, the distribution of gains and losses among developing countries is not uniform.

Keywords: International Relations/Trade (search for similar items in EconPapers)
Date: 2005
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