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GTAP Resources: Resource Display

GTAP Resource #86

"Agriculture and the WTO: Next Steps"
by Anderson, Kym, Bernard Hoekman and Anna Strutt

The potential welfare gains from further liberalizing agricultural markets are huge, both absolutely and relative to gains from liberalizing textiles or other manufacturing. The probability of the next WTO round delivering sizeable farm protection cuts would be greater if better WTO rules regarding domestic regulatory policies were introduced, as they could reduce the risk of farm trade measures being replaced with domestic agricultural assistance that may be almost as trade-distorting. The challenge for analysts is to identify and assess feasible policy packages that facilitate genuine agricultural reform rather than encourage inefficient re-instrumentation. Such assessment will require significant improvements in both analytical tools and databases.

Keywords: WTO, multilateral trade negotiations, agricultural policy reform, new trade issues

JEL codes: F13, K33, Q17, Q18

Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
Status: Published
By/In: Review of International Economics, 9(2): 192-214, May
Date: 2001
Created: Bacou, M. (9/27/2000)
Updated: Anderson, K. (1/3/2002)
Visits: 3,028
- Agricultural policies

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