Language:
English
Pages:
Online-Ressource
Edition:
2009 World Bank eLibrary Also available in print
Series Statement:
Policy research working paper 4865
Parallel Title:
Lloyd, P. J Global distortions to agricultural markets
Keywords:
Agricultural prices
;
Agriculture Economic aspects
;
Agriculture and state
;
Agricultural prices
;
Agriculture Economic aspects
;
Agriculture and state
Abstract:
"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. "--World Bank web site
Note:
Includes bibliographical references
,
Title from PDF file as viewed on 5/8/2009
,
Also available in print.
DOI:
10.1596/1813-9450-4865
URL:
Volltext
(Deutschlandweit zugänglich)
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