The Relative Importance of Global Agricultural Subsidies and Tariffs, Revisited

Kym Anderson, Erwin Corong, Anna Strutt and Ernesto Valenzuela

No 18099, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Over the past three decades, tariff protection to farmers has fallen and partly been replaced by domestic support, whilst support for farmers in some emerging economies has grown. Against that backdrop, this paper provides new estimates of national economic impacts of global agricultural tariffs and domestic supports. Using the latest global economywide GTAP (Global Trade Analysis Project) model calibrated to 2017, we simulate (a) the removal of food and agricultural domestic supports and agri-food tariffs and (b) the removal also of tariffs on imports of non-agricultural goods. We find that agricultural support policies are still an important part of the global welfare cost of all goods’ trade-restrictive policies (albeit only half as costly as in 2001), and tariffs still dominate the global welfare cost of all farm-support programs. That farm support could be re-instrumented to relieve natural resource and environmental stresses, boost food and nutrition security, and alleviate poverty and income inequality.

JEL-codes: F13 F14 O13 Q17 Q18 (search for similar items in EconPapers)
Date: 2023-04
References: Add references at CitEc
Citations:

Downloads: (external link)
https://cepr.org/publications/DP18099 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: The Relative Importance of Global Agricultural Subsidies and Tariffs, Revisited (2023)
Working Paper: The relative importance of global agricultural subsidies and tariffs, revisited (2023)
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:cpr:ceprdp:18099

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP18099

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().