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2008 Conference (52nd), February 5-8, 2008, Canberra, Australia >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/6044
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| Title: | Do Sensitive Products Undermine Ambition? |
| Authors: | Vanzetti, David
Peters, Ralf |
| Authors (Email): | Vanzetti, David (david.vanzetti@anu.edu.au) |
| Keywords: | agriculture
trade
tariffs
WTO |
| JEL Codes: | F13
Q17 |
| Issue Date: | 2008 |
| Series/Report no.: | Conference Paper |
| Abstract: | The long-running WTO negotiations remain unresolved. Agriculture is the main stumbling
block. Members have agreed to linear tariff reductions within bands, but proposed exemptions
for sensitive products, while providing for much needed flexibility, threaten to undermine the
ambition.
A detailed partial equilibrium global agricultural trade model is used to analyse the likely
impact of exemptions from the formula tariff reductions. Applying one third of the formula
cuts to the five per cent of lines with the highest tariffs increases the final developed country
average agricultural tariff from 16 to 24 per cent but the negative impacts on trade and
welfare are less dramatic. |
| URI: | http://purl.umn.edu/6044 |
| Institution/Association: | Australian Agricultural and Resource Economics Society - 2008>2008 Conference (52nd), February 5-8, 2008, Canberra, Australia |
| Total Pages: | 19 |
| Collections: | 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia
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| cp08va01.pdf | | 170Kb | PDF | View/Open |
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