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|Title:||Distortions to world trade: Impacts on agricultural markets and incomes|
Van der Mensbrugghe, D.
|Citation:||Review of Agricultural Economics, 2006; 28(2):168-194|
|Publisher:||Amer Agricultural Economics Assoc|
|Kym Anderson, Will Martin, and Dominique van der Mensbrugghe|
|Abstract:||The latest versions of the Global Trade Analysis Project database and the Linkage model of the global economy (projected to 2015) are used to estimate the impact of removing all merchandise trade distortions (including agricultural subsidies). Results suggest that a move to free merchandise trade would increase farm employment, the real value of agricultural output and exports, real returns to farm land and unskilled labor, and real net farm incomes in developing countries. This would occur despite the decline in international terms of trade for some developing countries that are net food importers or are enjoying preferential access to agricultural markets of high-income countries.|
|Keywords:||Trade policy reform; computable general equilibrium modeling; agricultural|
|Description:||The definitive version is available at www.blackwell-synergy.com An earlier version is circulated as 15 World Bank Policy Research Working Paper 3736, Washington DC, October 2005. Recipient of an Outstanding Article Honorable Mention for that journal by the American Agricultural Economics Association, 2007.|
|Appears in Collections:||Economics publications|
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