Agricultural distortions in Sub-Saharan Africa : trade and welfare indicators, 1961 to 2004
AbstractFor decades, agricultural price and trade policies in Sub-Saharan Africa have hampered farmers’ contributions to economic growth and poverty reduction. Although there has been much policy reform over the past two decades, the injections of agricultural development funding, together with ongoing regional and global trade negotiations, have brought distortionary policies under the spotlight once again. A key question asked of those policies is: How much are they still reducing national economic welfare and trade? Economy-wide models are able to address that question, but they are not available for many poor countries. Even where they are, typically they apply to just one particular previous year and so are unable to provide trends in effects over time. This paper provides a partial-equilibrium alternative to economy-wide modeling, by drawing on a modification of so-called trade restrictiveness indexes to provide theoretically precise indicators of the trade and welfare effects of agricultural policy distortions to producer and consumer prices over the past half-century. The authors generate time series of country level indexes, as well as Africa-wide aggregates. They also provide annual commodity market indexes for the region, and a sense of the relative importance of the key policy instruments used.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 5344.
Date of creation: 01 Jun 2010
Date of revision:
Economic Theory&Research; Markets and Market Access; Emerging Markets; Trade Policy; Free Trade;
Other versions of this item:
- Johanna L. Croser & Kym Anderson, 2011. "Agricultural Distortions in Sub-Saharan Africa: Trade and Welfare Indicators, 1961 to 2004," World Bank Economic Review, World Bank Group, vol. 25(2), pages 250-277, May.
- Johanna Croser & Kym Anderson, 2010. "Agricultural Distortions in Sub-Saharan Africa: Trade and Welfare Indicators, 1961 to 2004," Centre for International Economic Studies Working Papers 2010-07, University of Adelaide, Centre for International Economic Studies.
- Croser, Johanna L. & Anderson, Kym, 2010. "Agricultural Distortions in Sub-Saharan Africa: Trade and Welfare Indicators, 1961 to 2004," 2010 Conference (54th), February 10-12, 2010, Adelaide, Australia 58879, Australian Agricultural and Resource Economics Society.
- Anderson, Kym & Croser, Johanna L., 2010. "Agricultural Distortions in Sub-Saharan Africa: Trade and Welfare Indicators, 1961 to 2004," CEPR Discussion Papers 7747, C.E.P.R. Discussion Papers.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F15 - International Economics - - Trade - - - Economic Integration
- N57 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Africa; Oceania
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
This paper has been announced in the following NEP Reports:
- NEP-AFR-2010-07-03 (Africa)
- NEP-AGR-2010-07-03 (Agricultural Economics)
- NEP-ALL-2010-07-03 (All new papers)
- NEP-DEV-2010-07-03 (Development)
You can help add them by filling out this form.
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