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...
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INFORMATION
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2009/03/01
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Document de travail de recherche sur les politiques
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WPS4865
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1
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1
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2010/07/01
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Disclosed
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Global distortions to agricultural markets : new indicators of trade and welfare impacts, 1955 to 2007
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tariff rate