| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10076 |
| DP10076 Grain Price Spikes and Beggar-thy-neighbor Policy Responses: A Global Economywide Analysis | |
| Kym Anderson | |
| 发表日期 | 2014-07-27 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | When prices spike in international grain markets, national governments often reduce the extent to which that spike affects their domestic food markets. Those actions exacerbate the price spike and international welfare transfer associated with that terms of trade change. Several recent analyses have assessed the extent to which those policies contributed to the 2006-08 international price rise, but only by focusing on one commodity or using a back-of-the envelope (BOTE) method. This paper provides a more-comprehensive analysis using a global economy-wide model that is able to take account of the interactions between markets for farm products that are closely related in production and/or consumption, and able to estimate the impacts of those insulating policies on grain prices and on the grain trade and economic welfare of the world?s various countries. Our results support the conclusion from earlier studies that there is a need for stronger WTO disciplines on export restrictions. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Commodity price stabilization Distorted incentives Domestic market insulation International price transmission |
| URL | https://cepr.org/publications/dp10076 |
| 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/538909 |
| 推荐引用方式 GB/T 7714 | Kym Anderson. DP10076 Grain Price Spikes and Beggar-thy-neighbor Policy Responses: A Global Economywide Analysis. 2014. |
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