Doha Round of the World Trade Organization and Agricultural Markets Liberalization: Impacts on Developing Economies, The
Jacinto F. Fabiosa,
John Beghin (),
Stephane DeCara,
Amani El Obeid,
Cheng Fang,
Murat Isik (),
Holger Matthey,
Alexander Saak and
FAPRI Staff, University of Missouri, Columbia Authors registered in the RePEc Author Service: Amani Elobeid,
Bruce Alan Babcock and
Stéphane De Cara ()
Abstract:
We investigate the impacts of multilateral removal of all border taxes and farm programs and their distortions on developing economies, using a world agriculture partial equilibrium model. We quantify changes in prices, trade flows, and production locations. Border measures and farm programs both affect world trade, but trade barriers have the largest impact. Following removal, trade expansion is substantial for most commodities, especially dairy, meats, and vegetable oils. Net agricultural and food exporters emerge with expanded exports; net importing countries with limited distortions before liberalization are penalized by higher world prices and reduced imports. We draw implications for current World Trade Organization negotiations.
More papers in Staff General Research Papers from Iowa State University, Department of Economics Address: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070 Contact information at EDIRC. Series data maintained by Stephanie Bridges ().
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