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Discussion Paper Details

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Title: Reducing Agriculture Tariffs Versus Domestic Support: What's More Important for Developing Countries?

Author(s): Bernard Hoekman, Francis Ng and Marcelo Olarreaga

Publication Date: October 2002

Keyword(s): agriculture trade, developing countries, subsidies, tariffs, trade negotiations and WTO

Programme Area(s): International Trade and Regional Economics

Abstract: High levels of protection and domestic support for farmers in developed countries significantly affect many least developed countries (LDCs), both directly and through the price-depressing effect of agricultural support policies. High tariffs and domestic support may also lower the world price of agricultural products, benefiting net importers. This Paper assesses the impact of reducing these distortionary policies for a sample of 119 countries. We find significant differences in the impact of a 50 percent cut in tariffs and a 50 cut in domestic support for LDCs as compared to non-LDC developing countries. However, for both groups of countries tariff reductions have a much greater positive effect on exports and welfare.

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Bibliographic Reference

Hoekman, B, Ng, F and Olarreaga, M. 2002. 'Reducing Agriculture Tariffs Versus Domestic Support: What's More Important for Developing Countries?'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=3576