The Doha Round of the World Trade Organization and Agricultural Markets Liberalization: Impacts on Developing Economies

Pat Westhoff, D. Scott Brown, Brian Willott, Daniel Madison, Seth Meyer and John Kruse

Review of Agricultural Economics, 2005, vol. 27, issue 3, 317-335

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. Copyright 2005, Oxford University Press.

Date: 2005
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