Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/187338 
Year of Publication: 
1997
Series/Report no.: 
PIDS Discussion Paper Series No. 1997-19
Publisher: 
Philippine Institute for Development Studies (PIDS), Makati City
Abstract: 
Despite commitments to the WTO and the AFTA, many agricultural commodities continue to enjoy protection in the form of tariffs and quotas. Still, the sector has performed dismally relative to other countries. Using tariffs alone, corn producers possess comparative advantage under the 5 percent uniform tariff rate. However, using import prices, they become uncompetitive. Indeed, interventions fail to produce desired results in terms of credit and marketing support. With the various governmental concerns regarding food stability and security, intervention in the agriculture sector has not yet achieved the desired impact.
Subjects: 
trade sector
agriculture sector
uniform tariff rate
effective protection rate
shadow exchange rate
net present values
producer subsidy equivalent
Document Type: 
Working Paper

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