REBALANCING EC CEREALS PROTECTION AND THE GATT URUGUAY ROUND
作者:
S. McCorriston,
期刊:
Journal of Agricultural Economics
(WILEY Available online 1993)
卷期:
Volume 44,
issue 1
页码: 14-24
ISSN:0021-857X
年代: 1993
DOI:10.1111/j.1477-9552.1993.tb00247.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
This paper considers the proposals put forward by the EC at the GATT Uruguay Round in December 1990. The EC's objective of rebalancing the Common Agricultural Policy in the context of a partial liberalisation of agricultural support on the world cereals market is assessed, as is the choice of base year from which liberalisation would have been initiated. The US's proposal for more significant reduction in agricultural support is also considered. The results show that the EC would not necessarily have benefited from rebalancing, since the effects would have depended on the choice of base period. For example, with 1986 (1988) as the base year, net welfare changes would have been 20 (50) percent higher (lower) with rebalancing, relative to the case without. Not surprisingly, the more substantial liberalisation proposed by the US would have resulted in greater net welfare gains even if rebalancing was conceded by the US.
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