Agricultural Tariffs or Subsidies: Which Are More Important for Developing Economies?
评估了OECD国家农业补贴和边境保护对发展中经济体出口、进口和福利的影响，模拟发现削减边境保护比削减补贴更能促进发展中经济体的出口和福利。
This article assesses the impact of the \n world price-depressing effect of agricultural subsidies and \n border protection in Organization for Economic Co-operation \n and Development (OECD) countries on developing \n economies' exports, imports, and welfare. Developing \n economy exporters are likely to benefit from reductions in \n such subsidies and trade barriers, whereas net importers may \n lose as world prices rise. A simple partial equilibrium \n model of global trade in commodities that benefit from \n domestic support or export subsidies is developed to \n estimate the relevant elasticities. Simulation results \n suggest that a 50 percent reduction in border protection \n will have a much larger positive impact on developing \n economies' exports and welfare than a 50 percent \n reduction in agricultural subsidies. Although there is \n significant heterogeneity across developing economies, the \n results suggest that efforts in the Doha round of World \n Trade Organization (WTO) negotiations should be directed at \n substantially reducing border protection.