EFFECTIVENESS OF AGRICULTURAL SUPPORTS ACROSS OECD AND SELECTED COUNTRIES UNDER THE WTO SPELL

Emine Meltem Baştan and Hüseyin Songül

International Journal of Food and Agricultural Economics (IJFAEC), 2019, vol. 07, issue 4

Abstract: Agricultural supports are among the most favored policies of governments to affect domestic welfare and maintain food security. Supports provided take many forms ranging from those distorting prices and production to de-coupled ones with no link to production. In addition to budgetary or climatic restrictions, countries also face challenges due to the terms of the WTO about types of supports. In line with the WTO mandates, this study analyses the impact of supports by excluding market price supports, that are the biggest parts of distorting supports. Using the OECD and FAO databases, it is shown that there is a discrepancy between crops and animal products with respect to the impact of supports with no significant impact noted for animal products. It is also considered that analyses conducted with different types of supports and products could create a solid basis for suggesting counter arguments against the WTO mandates.

Keywords: Agricultural and Food Policy; Financial Economics; International Relations/Trade; Political Economy; Production Economics; Productivity Analysis (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/296759/files/vol7.no4.pp303.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:ijfaec:296759

DOI: 10.22004/ag.econ.296759

Access Statistics for this article

More articles in International Journal of Food and Agricultural Economics (IJFAEC) from Alanya Alaaddin Keykubat University, Department of Economics and Finance Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().