Global Distortions to Agricultural Markets : New Indicators of Trade and Welfare Impacts, 1955 to 2007

Lloyd, Peter J.; Croser, Johanna L.; Anderson, Kym

dc.creator	Lloyd, Peter J.
dc.creator	Croser, Johanna L.
dc.creator	Anderson, Kym
dc.date	2012-03-19T19:09:15Z
dc.date	2012-03-19T19:09:15Z
dc.date	2009-03-01
dc.date.accessioned	2023-02-17T21:08:26Z
dc.date.available	2023-02-17T21:08:26Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090317084405
dc.identifier	http://hdl.handle.net/10986/4060
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/245030
dc.description	Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions can be poor guides to the policies' economic effects. Recent theoretical literature provides indicators of trade and welfare-reducing effects of price and trade policies which this paper builds on to develop more-satisfactory indexes. The authors exploit a new Agricultural Distortion database to generate estimates of them for developing and high-income countries over the past half century. These better approximations of the trade and welfare effects of sector policies are generated without a formal model of global markets or even price elasticity estimates.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 4865
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo
dc.rights	World Bank
dc.subject	ABSOLUTE VALUE
dc.subject	AGGREGATE DEMAND
dc.subject	AGRICULTURAL GOODS
dc.subject	AGRICULTURAL INCENTIVES
dc.subject	AGRICULTURAL INDUSTRY
dc.subject	AGRICULTURAL MARKETS
dc.subject	AGRICULTURAL POLICIES
dc.subject	AGRICULTURAL POLICY
dc.subject	AGRICULTURAL PRICE
dc.subject	AGRICULTURAL PRODUCTION
dc.subject	AGRICULTURAL PRODUCTS
dc.subject	AGRICULTURAL PROGRAMS
dc.subject	AGRICULTURAL PROTECTION
dc.subject	AGRICULTURAL SECTOR
dc.subject	AGRICULTURE
dc.subject	BORDER MEASURES
dc.subject	BORDER PRICE
dc.subject	COIN
dc.subject	COMMODITIES
dc.subject	CONSUMER PRICE
dc.subject	CONSUMER PRICES
dc.subject	CONSUMER SURPLUS
dc.subject	CONSUMERS
dc.subject	DEMAND FUNCTION
dc.subject	DEVELOPED COUNTRIES
dc.subject	DEVELOPING COUNTRIES
dc.subject	DISTORTION
dc.subject	DISTORTIONS
dc.subject	DOMESTIC DEMAND
dc.subject	DOMESTIC PRICE
dc.subject	DOMESTIC PRICES
dc.subject	DOMESTIC PRODUCER
dc.subject	DOMESTIC PRODUCTION
dc.subject	ECONOMIC EFFECTS
dc.subject	EXCHANGE RATE
dc.subject	EXCHANGE RATE POLICIES
dc.subject	EXCHANGE RATES
dc.subject	EXPORT
dc.subject	EXPORT PRICE
dc.subject	EXPORT SECTOR
dc.subject	EXPORT SUBSIDY
dc.subject	EXPORT TAX
dc.subject	EXPORTABLE GOODS
dc.subject	EXPORTERS
dc.subject	EXPORTS
dc.subject	FARM
dc.subject	FARM PRODUCTS
dc.subject	FARM SECTOR
dc.subject	FARMERS
dc.subject	FEDERAL RESERVE
dc.subject	FEDERAL RESERVE BANK
dc.subject	GDP
dc.subject	GENERAL EQUILIBRIUM
dc.subject	GENERAL EQUILIBRIUM MODEL
dc.subject	GENERAL EQUILIBRIUM MODELS
dc.subject	GLOBAL MARKETS
dc.subject	GLOBAL TRADE
dc.subject	GLOBALIZATION
dc.subject	GROSS VALUE
dc.subject	HIGH-INCOME COUNTRIES
dc.subject	HIGH-INCOME COUNTRY
dc.subject	IMPORT
dc.subject	IMPORT BARRIERS
dc.subject	IMPORT COMPETITION
dc.subject	IMPORT DEMAND
dc.subject	IMPORT MEASURES
dc.subject	IMPORT POLICIES
dc.subject	IMPORT TARIFF
dc.subject	IMPORT TAX
dc.subject	IMPORT VOLUME
dc.subject	IMPORTS
dc.subject	INCOME
dc.subject	INDEX NUMBERS
dc.subject	INTERNATIONAL ECONOMICS
dc.subject	INTERNATIONAL PRICE
dc.subject	INTERNATIONAL PRICES
dc.subject	INTERNATIONAL TRADE
dc.subject	INTERNATIONAL TRADE POLICY
dc.subject	MULTILATERAL SYSTEM
dc.subject	MULTIPLE EXCHANGE RATES
dc.subject	OPEN ECONOMY
dc.subject	PRICE ADJUSTMENT
dc.subject	PRICE CHANGE
dc.subject	PRICE COMPARISONS
dc.subject	PRICE CONTROLS
dc.subject	PRICE DISTORTION
dc.subject	PRICE DISTORTIONS
dc.subject	PRICE ELASTICITIES
dc.subject	PRICE ELASTICITY
dc.subject	PRICE INCREASES
dc.subject	PRICE OF GOOD
dc.subject	PRICE RATIOS
dc.subject	PRICE SUPPORT
dc.subject	PRIMARY PRODUCTS
dc.subject	PRODUCER PRICE
dc.subject	PRODUCER PRICES
dc.subject	QUANTITATIVE RESTRICTIONS
dc.subject	QUOTA RENTS
dc.subject	QUOTAS
dc.subject	SUBSIDIZATION
dc.subject	SUPPLY CURVES
dc.subject	SUPPLY FUNCTIONS
dc.subject	SUPPLY SIDE
dc.subject	SURPLUS
dc.subject	TARIFF BORDER
dc.subject	TARIFF EQUIVALENTS
dc.subject	TARIFF PROTECTION
dc.subject	TARIFF RATE
dc.subject	TARIFF RATES
dc.subject	TARIFF REVENUE
dc.subject	TAXATION
dc.subject	TOTAL AGRICULTURAL PRODUCTION
dc.subject	TOTAL IMPORTS
dc.subject	TRADE DISTORTIONS
dc.subject	TRADE POLICIES
dc.subject	TRADE PRICES
dc.subject	TRADE REDUCTION
dc.subject	TRADE RESTRICTION
dc.subject	TRADE RESTRICTIONS
dc.subject	TRADE RESTRICTIVENESS
dc.subject	TRADE TAXES
dc.subject	TRANSITION ECONOMIES
dc.subject	UNEMPLOYMENT
dc.subject	UNIFORM TARIFF
dc.subject	VOLUME
dc.subject	VOLUME OF TRADE
dc.subject	WEIGHTS
dc.subject	WORLD PRICE
dc.subject	WORLD TRADE
dc.subject	Microdata Set
dc.title	Global Distortions to Agricultural Markets : New Indicators of Trade and Welfare Impacts, 1955 to 2007
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	The World Region
dc.coverage	The World Region