Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/52992
Authors: 
Dimaranan, Betina
Hertel, Thomas
Keeney, Roman
Year of Publication: 
2003
Series/Report no.: 
WIDER Discussion Papers // World Institute for Development Economics (UNU-WIDER) 2003/32
Abstract: 
An AGE model with detailed farm supply and substitution relationships is used to analyze impacts of OECD domestic support reform on developing economy welfare. Stylized simulations indicate reforms best suited for reducing trade distortions with least impact on farm incomes. Comprehensive reforms result in welfare losses for LDCs and large declines in OECD farm incomes. Shifting from market price support to land-based payments designed to maintain farm incomes results in increased welfare for most developing countries. LDCs should focus on improved market access to OECD economies while permitting said economies to continue domestic support payments not linked to output/variable inputs.
Subjects: 
domestic support
OECD
developing countries
agricultural trade
WTO
JEL: 
D58
F13
F14
O19
Q17
ISBN: 
9291904473
Document Type: 
Working Paper

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