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China’S Accession To The Wto. What Is At Stake For Agricultural Markets?

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  • Fuller, Frank
  • Beghin, John C.
  • Cara, Stephane De
  • Fabiosa, Jacinto
  • Fang, Cheng
  • Matthey, Holger

Abstract

We analyze the impact of China’s accession to the WTO on agricultural markets using the FAPRI modeling framework. Our analysis includes major crops, livestock sectors, and exogenous changes in consumer income, expanded textile production, and policies. Chinese livestock, grain and oilseed crushing industries experience lower revenues, while cotton production prospers with accession, despite increased cotton imports. Most food prices decrease with accession. Chinese consumers benefit from these lower prices, with vegetable oil, dairy and meat consumption increasing significantly. The increase in world agricultural trade with China benefits Argentina (soy meal and oil); Brazil (soy oil and poultry); Canada (pork); the EU (pork); and the United states (pork, poultry, soy oil).

Suggested Citation

  • Fuller, Frank & Beghin, John C. & Cara, Stephane De & Fabiosa, Jacinto & Fang, Cheng & Matthey, Holger, 2002. "China’S Accession To The Wto. What Is At Stake For Agricultural Markets?," 2002 Conference (46th), February 13-15, 2002, Canberra, Australia 173976, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare02:173976
    DOI: 10.22004/ag.econ.173976
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    Cited by:

    1. Alan Matthews, 2001. "The Possible Impact of China's WTO Membership on the WTO Agricultural Negotiations," Trinity Economics Papers 200115, Trinity College Dublin, Department of Economics.
    2. Fang, Cheng & Beghin, John C., 2002. "Urban Demand for Edible Oils and Fats in China: Evidence from Household Survey Data," Journal of Comparative Economics, Elsevier, vol. 30(4), pages 732-753, December.
    3. Christophe Charlier, 2012. "Distrust and Barriers to International Trade in Food Products: An Analysis of the US — Poultry Dispute," GREDEG Working Papers 2012-02, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, revised Nov 2013.
    4. Wusheng Yu & Søren E. Frandsen, 2005. "China's WTO Commitments in Agriculture and Impacts of Potential OECD Agricultural Trade Liberalizations," Asian Economic Journal, East Asian Economic Association, vol. 19(1), pages 1-28, March.
    5. Nin, Alejandro & Hertel, Thomas W. & Foster, Kenneth & Rae, Allan, 2004. "Productivity growth, catching-up and uncertainty in China's meat trade," Agricultural Economics, Blackwell, vol. 31(1), pages 1-16, July.
    6. Unknown, 2005. "Articles from Volume 1, Issue 1, 2005, Journal of International Agricultural Trade and Development," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 1(1), pages 1-95.

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