MORE ON WELFARE GAINS TO DEVELOPING COUNTRIES FROM LIBERALIZING WORLD FOOD TRADE
质疑了粮食进口发展中国家会因世界粮食贸易自由化而受损的普遍假设，通过理论和实证模型表明，即使仅发达国家自由化，大多数发展中国家的经济福利和粮食贸易净外汇收入也可能改善。
The common presumption that food‐importing developing countries would be harmed by a liberalization of world food trade is questioned in this paper. Both theory and new empirical modelling evidence suggest the possibility of the opposite conclusion. Even if just advanced industrial countries were to liberalize their food trade, the present empirical analysis (using a model of world food markets) suggests that economic welfare and net foreign exchange earnings from food trade could improve for the vast majority of developing countries. The extent to which that gain would be greater if developing countries also were to liberalize their policies affecting food markets is shown as well. The analysis helps to reconcile differences between previous results using partial‐equilibrium models and those derived from computable general equilibrium models.