Working Paper 95 - Agricultural Trade Policy Reform in South Africa
AbstractThis paper empirically investigates the impact of agricultural trade reform in South Africa. Using UNCTAD’s Agricultural Trade Policy Simulation Model (ATPSM), the study performs two specific scenarios that capture the magnitude of (i) the economic impact of global agricultural trade reform in South Africa and (ii) the economic impact if the reform in South Africa is coupled with agricultural reforms in the European Union (EU). Trade reform focuses on substantial tariffs reduction, although in the case of the EU scenarios also include reduction in domestic support and export subsidies. The results show that unilateral tariff reduction in the selected number of agricultural products amounts to welfare gains of US$21 million. These gains are three times higher when accompanied by extensive reforms in the EU.
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Bibliographic InfoPaper provided by African Development Bank in its series Working Paper Series with number 230.
Date of creation: 18 Mar 2008
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- Scott McDonald & Cecilia Punt, 2004.
"Trade Liberalisation, Efficiency and South Africa's Sugar Industry,"
2004012, The University of Sheffield, Department of Economics, revised Aug 2004.
- McDonald, Scott & Punt, Cecilia & Leaver, Rosemary, 2004. "Trade Liberalisation, Efficiency and South Africa's Sugar Industry," Working Paper Series 15634, PROVIDE Project.
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