Implications of the World Trade Organization’s Doha Round for the Rice Sector
نویسنده
چکیده
The objective of this study is to measure the effect of global policy reforms on rice trade, prices, and economic welfare. The Doha Round of multilateral trade negotiations aims to increase market access, and reduce or eliminate export subsidies and trade distorting domestic price supports. Two modeling frameworks are used to estimate trade, price and economic welfare effects of policy reforms. World rice trade is estimated to expand by 15%, export prices increase by 33%, and import prices are reduced by 14%. Global economic welfare improves by $7.4 billion annually and the United States gains nearly $900 million annually.
منابع مشابه
Doha Round of WTO and the Rice Sector of Pakistan
This study evaluates the impacts of the trade liberalization under Doha Round on basmati rice in Pakistan using a partial equilibrium model. Price integration analysis shows that there is a stable long-run relationship between farm gate price and wholesale price and between wholesale price and world price of basmati and non-basmati rice. Direction of influence is from world price to wholesale p...
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