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Agricultural Policies of Industrial Countries and their Effects on Traditional Food Exporters *
Author(s) -
ANDERSON KYM,
TYERS ROD
Publication year - 1986
Publication title -
economic record
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.365
H-Index - 42
eISSN - 1475-4932
pISSN - 0013-0249
DOI - 10.1111/j.1475-4932.1986.tb00905.x
Subject(s) - protectionism , agriculture , economics , agricultural economics , commodity , per capita , disadvantage , welfare , econometric analysis , business , international trade , international economics , geography , market economy , demography , archaeology , sociology , political science , law , macroeconomics , population
A multi‐commodity model of world food markets is used to quantify the adverse impact of agricultural policies in Western Europe and East Asia on farmer welfare in Australasia and North America. The results suggest that net farm incomes for these traditional food exporters would be one‐third greater than in the absence of protectionism in other industrial countries. For Australian farmers this represents as much as A$30 000 per farm, or more than three times as much as the adverse impact on them of Australia's manufacturing protection. Econometric analysis suggests that agricultural protectionism is likely to continue to grow as per capita incomes and agricultural comparative disadvantage increase in industrial countries.