Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/139389
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Anderson, K. | - |
dc.contributor.author | Jensen, H.G. | - |
dc.date.issued | 2014 | - |
dc.identifier.uri | https://hdl.handle.net/2440/139389 | - |
dc.description.abstract | When prices spike in international grain markets, national governments often reduce the extent to which that spike affects their domestic food markets. Those actions exacerbate the price spike and international welfare transfer associated with that terms of trade change. Several recent analyses have assessed the extent to which those policies contributed to the 2006-08 international price rise, but only by focusing on one commodity or using a back-of-the envelope (BOTE) method. This paper provides a more-comprehensive analysis using a global economy-wide model that is able to take account of the interactions between markets for farm products that are closely related in production and/or consumption, and able to estimate the impacts of those insulating policies on grain prices and on the grain trade and economic welfare of the world?s various countries. Our results support the conclusion from earlier studies that there is a need for stronger WTO disciplines on export restrictions. | - |
dc.description.statementofresponsibility | Kym Anderson and Hans Grinsted Jensen | - |
dc.language.iso | en | - |
dc.publisher | Centre for Economic Policy Research (CEPR) | - |
dc.relation.ispartofseries | CEPR Discussion Paper; 10076 | - |
dc.rights | © 2014 CEPR | - |
dc.source.uri | https://cepr.org/publications/dp10076 | - |
dc.subject | commodity price stabilization | - |
dc.subject | distorted incentives | - |
dc.subject | domestic market insulation | - |
dc.subject | international price transmission | - |
dc.title | Grain Price Spikes and Beggar-Thy-Neighbor Policy Responses: A Global Economywide Analysis | - |
dc.type | Working paper | - |
pubs.publication-status | Published | - |
dc.identifier.orcid | Anderson, K. [0000-0002-1472-3352] | - |
Appears in Collections: | Economics Working papers |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.