EconPapers    
Economics at your fingertips  
 

Multilateral agricultural trade reform: Potential impacts of current negotiations on New Zealand

Allan Rae and Anna Strutt

New Zealand Economic Papers, 2004, vol. 38, issue 2, 175-205

Abstract: Multilateral agricultural negotiations are a crucial part of the WTO's Doha Development Agenda, the outcome of which may significantly impact New Zealand. In this paper we review progress and key proposals put forward to date in the negotiations. We use a newly available and significantly improved version of a global trade database to model the potential economic effects of trade reforms that might be agreed in the Doha Round. Our results indicate that New Zealand is likely to experience relatively large aggregate gains from reform, with significant benefits arising from terms of trade improvements. In the event of a successful outcome from the Doha Round, New Zealand's farm sector and agricultural exports are likely to become further dominated by dairy products. We find that increased access to the markets of industrial countries and a rapid phase-out of agricultural export subsidies are likely to be of particular importance. Efforts to negotiate global reductions in domestic farm support appear to offer the least benefit to New Zealand.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00779950409544402 (text/html)
Access to full text is restricted to subscribers.

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:taf:nzecpp:v:38:y:2004:i:2:p:175-205

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RNZP20

DOI: 10.1080/00779950409544402

Access Statistics for this article

New Zealand Economic Papers is currently edited by Dennis Wesselbaum

More articles in New Zealand Economic Papers from Taylor & Francis Journals
Bibliographic data for series maintained by ().

 
Page updated 2025-03-31
Handle: RePEc:taf:nzecpp:v:38:y:2004:i:2:p:175-205