OECD Domestic Support and Developing Countries

Betina Dimaranan, Thomas Hertel and Roman Keeney ()

No DP2003-32, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: An AGE model with detailed farm supply and substitution relationships is used to analyze impacts of OECD domestic support reform on developing economy welfare. Stylized simulations indicate reforms best suited for reducing trade distortions with least impact on farm incomes. Comprehensive reforms result in welfare losses for LDCs and large declines in OECD farm incomes. Shifting from market price support to land-based payments designed to maintain farm incomes results in increased welfare for most developing countries.

Keywords: Agriculture; Food industry and trade; Welfare economics (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (25)

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Related works:
Working Paper: OECD Domestic Support and the Developing Countries (2003)
Working Paper: OECD Domestic Support and the Developing Countries (2003)
Working Paper: OECD Domestic Support and the Developing Countries (2003)
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