@article{Hansen:51704,
      recid = {51704},
      author = {Hansen, James M. and Tuan, Francis C. and Somwaru, Agapi  and Seeley, Ralph},
      title = {Impact of China’s Agriculture Policies on Domestic and  World Commodity Markets},
      address = {2009-08},
      number = {1005-2016-78938},
      series = {Contributed Paper},
      pages = {24},
      year = {2009},
      abstract = {China’s agricultural and trade policies have been shifting  despite little change in policy objectives.  This paper  investigates potential implications of recent agriculture  policies applied in China, and quantitatively analyzes  their impacts on domestic and international commodity  markets. Results from a 42 country partial equilibrium  dynamic agricultural simulation model indicate that the  effects on international markets are likely to be small  with world price impacts of less than one percent.  The set  of policies partially offset each other in the  international market. Results indicate increased returns to  farmers and lowering domestic prices to consumers. China’s  producers increase production slightly because of increased  input subsidies. Exports are reduced because of applied  export tax and decrease in value added tax rebate. Domestic  consumer prices would likely decrease by 2 to 4.5 percent  in real terms.  The lower prices benefits lower income and  rural households, and benefit expanding beef, pork, and  poultry production in China.},
      url = {http://ageconsearch.umn.edu/record/51704},
      doi = {https://doi.org/10.22004/ag.econ.51704},
}