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WTO Doha Round: Impact of an Agreement on Agriculture and the Importance of Sensitive Products

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  • Binfield, Julian C.R.
  • Donnellan, Trevor
  • Hanrahan, Kevin F.
  • Westhoff, Patrick C.
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    Abstract

    The Doha round of WTO negotiations has been ongoing since 2001. In the summer of 2008 the negotiations on the modalities for a new WTO agriculture agreement collapsed when seemingly on the verge of a successful conclusion. In this paper we present quantitative analysis of the impact of a new WTO agreement undertaken using a partial equilibrium model of Irish and EU agriculture. Results are presented on the agreement’s impact on Irish and EU-27 agriculture markets and on Irish agricultural sector incomes. Our analysis highlights the importance of the Baseline counter-factual, and will illustrate that protection afforded by the conferral of sensitive product status differs from commodity to commodity. The paper will draw conclusions concerning the economic impact of an agreement on Irish agriculture and Ireland’s likely future perspective on the conclusion of the Doha Round.

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    Bibliographic Info

    Paper provided by Agricultural Economics Society in its series 83rd Annual Conference, March 30-April 1, 2009, Dublin, Ireland with number 50936.

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    Date of creation: 01 Apr 2009
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    Handle: RePEc:ags:aesc09:50936

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    Related research

    Keywords: WTO; agriculture; policy analysis; partial equilibrium modelling; baseline; scenario analysis; tariffs; tariff rate quota; sensitive products; International Relations/Trade; Q11; Q17; Q18;

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    1. Bureau, Jean-Christophe & Tangermann, Stefan, 2000. "Tariff Rate Quotas In The Eu," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 29(1), April.
    2. Binfield, Julian C.R. & Donnellan, Trevor & Hanrahan, Kevin F. & Hart, Chad E. & Westhoff, Patrick C., 2004. "CAP Reform and the WTO: Potential Impacts on EU Agriculture," 2004 Annual meeting, August 1-4, Denver, CO 20020, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Philip C. Abbott, 2002. "Tariff-rate quotas: failed market access instruments?," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 29(1), pages 109-130, March.
    4. Zohra Bouamra-Mechemache & Roel Jongeneel & Vincent Réquillart, 2008. "Impact of a gradual increase in milk quotas on the EU dairy sector," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 35(4), pages 461-491, December.
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