Trade policy, biotechnology and grain self-sufficiency in China

Over the past 20 years the growth of China's agricultural economy has been extraordinary. However, it seems unlikely that China will maintain self-sufficiency in grains by 2005 without substantial intervention. We develop a CGE model to assess the options available to Chinese policy makers. We compare the welfare effects of import tariffs and domestic support, and explore the potential of biotechnology as a means to achieve self-sufficiency through improvements in agricultural productivity. Our results indicate that the price interventions that would be required to maintain China's desired self-sufficiency ratios are considerable, and are unlikely to be compatible with WTO accession. The productivity improvements required are also significant, and likely beyond the current potential of biotechnology. © 2002 Elsevier Science B.V. All rights reserved.


Issue Date:
2003-05
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/177964
PURL Identifier:
http://purl.umn.edu/177964
Published in:
Agricultural Economics: The Journal of the International Association of Agricultural Economists, 28, 3
Page range:
173-186
Total Pages:
14
JEL Codes:
C68; Fl3; 053; Ql7




 Record created 2017-04-01, last modified 2019-08-29

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