How Do Agricultural Policy Restrictions to Global Trade and Welfare Differ Across Commodities?

Johanna Croser (), Peter Lloyd () and Kym Anderson
Additional contact information
Johanna Croser: University of Adelaide
Peter Lloyd: University of Melbourne

No 2009-12, School of Economics and Public Policy Working Papers from University of Adelaide, School of Economics and Public Policy

Abstract: For decades the worldÂ’s agricultural markets have been highly distorted by national government policies, but very differently for different commodities such that a ranking of weighted average nominal rates of assistance across countries can be misleading as an indicator of the trade or welfare effects of policies affecting global markets. This article develops a new set of more-satisfactory indicators, drawing on the recent literature on trade restrictiveness indexes. It then estimates those two indicators for each of 28 key agricultural commodities from 1960 to 2004, based on a sample of 75 countries that together account for more than three-quarters of the worldÂ’s production of those agricultural commodities.

Keywords: distorted commodity markets; agricultural price and trade policies; trade restrictiveness index (search for similar items in EconPapers)
JEL-codes: F13 F14 Q17 Q18 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://media.adelaide.edu.au/economics/papers/doc/wp2009-12.pdf (application/pdf)

Related works:
Journal Article: How Do Agricultural Policy Restrictions on Global Trade and Welfare Differ Across Commodities? (2010)
Working Paper: How Do Agricultural Policy Restrictions to Global Trade and Welfare Differ Across Commodities? (2010)
Working Paper: How Do Agricultural Policy Restrictions to Global Trade and Welfare Differ Across Commodities? (2009)
Working Paper: How do agricultural policy restrictions to global trade and welfare differ across commodities ? (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:adl:wpaper:2009-12

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