| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5519 |
| DP5519 The Declining Equity Premium: What Role Does Macroeconomic Risk Play? | |
| Martin Lettau; Sydney Ludvigson; Jessica Wachter | |
| 发表日期 | 2006-03-22 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | This paper provides estimates of the economic impact of initial adoption of genetically modified (GM) cotton and of its potential impacts beyond the few countries where it is currently common. Use is made of the latest version of the GTAP database and model. Our results suggest that by following the lead of China and South Africa, adoption of GM cotton varieties by other developing countries ? especially in Sub-Saharan Africa ? could provide even larger proportionate gains to farmer and national welfare than in those first-adopting countries. Furthermore, those estimated gains are shown to exceed those from a successful campaign under the WTO?s Doha Development Agenda to reduce/remove cotton subsidies and import tariffs globally. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Gmos Cotton biotechnology Computable general equilibrium modeling Economic welfare Subsidy Tariff reform |
| URL | https://cepr.org/publications/dp5519 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534411 |
| 推荐引用方式 GB/T 7714 | Martin Lettau,Sydney Ludvigson,Jessica Wachter. DP5519 The Declining Equity Premium: What Role Does Macroeconomic Risk Play?. 2006. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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