000172718 001__ 172718
000172718 005__ 20180122233139.0
000172718 037__ $$a968-2016-75818
000172718 037__ $$a968-2016-76200
000172718 041__ $$aen_US
000172718 245__ $$aEconomic issues in tariffication: an overview
000172718 260__ $$c1991-06
000172718 269__ $$a1991-06
000172718 300__ $$a20
000172718 336__ $$aJournal Article
000172718 520__ $$aThe agricultural trade liberalization proposal known as 'tariffication' aims at converting
all existing non-tariff barriers (NTBs) to trade into bound tariffs, and to reduce these tariffs
over time. This is in tune with the original philosophy of the General Agreement on Tariffs
and Trade (GATT) and it calls for a dramatic overhaul of existing agricultural policies in
many developed countries. The main economic issues that arise with tariffication stem from
the non-equivalence of tariffs and NTBs in a number of scenarios. This paper analyzes
non-equivalence arising from the existence of: imperfect competition in importing countries;
price instability in importing and exporting countries; and, inefficient allocation of quantitative
restrictions. It is shown that in all these cases the definition of an appropriate 'equivalent
tariff to be used in tariffication is not straightforward, and that in general this equivalent
tariff cannot be computed on the basis of only observed price differences between countries.
Tariff-rate quotas, which are meant to be the main tool of implementation of tariffication
according to the existing proposal, are analyzed in some detail. Concerning the relationship
between tariffication and the other elements of the trade liberalization package, it is shown
that tariffication would limit the scope of export subsidy policies. It is also shown that the
existence of production and export subsidies makes observed price gaps between countries of
questionable value in setting equivalent tariff levels. Finally, it is argued that the main focus
of tariffication should be the conversion of NTBs to acceptable long-run (bound) tariffs rates,
and considerable flexibility in this conversion process could be exercised in the transition
period.
000172718 542__ $$fLicense granted by Jennifer Nelson (nels7877@umn.edu) on 2014-06-13T14:43:02Z (GMT):

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000172718 650__ $$aInternational Relations/Trade
000172718 650__ $$aProduction Economics
000172718 700__ $$aMoschini, Giancarlo
000172718 773__ $$dJune 1991$$jVolume 05$$kIssue 2$$o120$$q101$$tAgricultural Economics: The Journal of the International Association of Agricultural Economists
000172718 8564_ $$s1627402$$uhttp://ageconsearch.umn.edu/record/172718/files/agec1991v005i002a001.pdf
000172718 887__ $$ahttp://purl.umn.edu/172718
000172718 909CO $$ooai:ageconsearch.umn.edu:172718$$pGLOBAL_SET
000172718 912__ $$nSubmitted by Jennifer Nelson (nels7877@umn.edu) on 2014-06-13T14:50:50Z
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  Previous issue date: 1991-06
000172718 982__ $$gAgricultural Economics: The Journal of the International Association of Agricultural Economists>Volume 05, Issue 2, June 1991
000172718 980__ $$a968