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The World Wheat Market--Government Intervention and Multilateral Policy Reform

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  • Harwood, Joy L.
  • Bailey, Kenneth W.

Abstract

Negotiators in the Uruguay Round of negotiations under the General Agreement on Tariffs and Trade (GATT) have proposed policy reforms that could phase out government supports to agriculture that distort production, consumption, and trade. If complete multilateral policy reform occurs for all commodities, world wheat prices could rise considerably and patterns of production, consumption, and stockholding would change. The total volume of world wheat trade is unlikely to change substantially, but the countries that are now major market players would fare differently. Trade policy reform would likely enhance the U.S. position in world wheat trade since the most efficient producers and marketers would be expected to fare the best.

Suggested Citation

  • Harwood, Joy L. & Bailey, Kenneth W., 1990. "The World Wheat Market--Government Intervention and Multilateral Policy Reform," Staff Reports 278264, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278264
    DOI: 10.22004/ag.econ.278264
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    References listed on IDEAS

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    Cited by:

    1. Helm, William & van Zyl, Johan, 1994. "Domestic Agricultural Support In South Africa From 1988/89 To 1993/94: A Calculation," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 33(4), December.
    2. Mohanty, Samarendu & Peterson, E. Wesley F., 1999. "Estimation of Demand for Wheat by Classes for the United States and the European Union," Agricultural and Resource Economics Review, Cambridge University Press, vol. 28(2), pages 158-168, October.
    3. Childs, Nathan W., 1990. "The World Rice Market--Government Intervention and Multilateral Policy Reform," Staff Reports 278351, United States Department of Agriculture, Economic Research Service.
    4. Wiebelt, Manfred & Herrmann, Roland & Schenck, Patricia & Thiele, Rainer, 1992. "Discrimination against agriculture in developing countries?," Open Access Publications from Kiel Institute for the World Economy 458, Kiel Institute for the World Economy (IfW Kiel).
    5. Hyberg, Bengt & Mercier, Stephanie & Hoffman, Linwood A., 1990. "The World Coarse Grain Market-Government Intervention and Multilateral Policy Reform," Staff Reports 278278, United States Department of Agriculture, Economic Research Service.
    6. Lord, Ron & Barry, Robert D., 1990. "The World Sugar Market--Government Intervention and Multilateral Policy Reform," Staff Reports 278353, United States Department of Agriculture, Economic Research Service.
    7. Golz, Joel T. & Koo, Won W., 1993. "Spatial Equilibrium Analysis of the World Wheat Market Under Alternative Trade Policies," Agricultural Economics Reports 23271, North Dakota State University, Department of Agribusiness and Applied Economics.
    8. Byerlee, Derek & Morris, Michael L., 1990. "Calculating Measures Of Protection: Is It Always Appropriate To Use World Reference Prices?," 1990 Annual meeting, August 5-8, Vancouver, Canada 271009, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Helm, William & van Zyl, Johan, 1995. "Does South African Agriculture Receive Too Much Support? -A Comparison," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 34(2), June.
    10. Mercier, Stephanie A., 1993. "The Role of Quality in Wheat Import Decisionmaking," Agricultural Economic Reports 308270, United States Department of Agriculture, Economic Research Service.

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