Assessing Protectionism and Subsidies in Agriculture: A Gravity Approach

January 1, 2005

Preview Citation

Format: Chicago

Claudio A Paiva. Assessing Protectionism and Subsidies in Agriculture: A Gravity Approach, (USA: International Monetary Fund, 2005) accessed December 22, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper provides the first comprehensive empirical analysis of agricultural trade using a gravity model. The data set covers bilateral trade in agricultural goods for 152 countries over the periods 1990-93 and 1999-2002. The estimations support claims that protectionism and distortive subsidies to agriculture remain widespread in more developed nations, which are shown to import less and export more agricultural products than expected given other economic, political, and geographic determinants of trade. However, some developing regions that are often thought to be the main victims of industrial-country protectionism are also found to be relatively closed to agricultural trade.

Subject: Agricultural commodities, Agricultural exports, Agricultural imports, Agricultural policy, Imports

Keywords: Country, Dummy variable, Product, Trade, WP

Publication Details

Pages:

17
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2005/021
Stock No:

WPIEA2005021
ISBN:

9781451860405
ISSN:

1018-5941

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