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Price, Trade and Welfare Effects of Agricultural Protection: The Case of East Asia

Author

Listed:
  • Tyers, Rodney
  • Anderson, Kym

Abstract

During the 1960's and 1970's, the extent of agricultural protection increased rapidly not only in Japan but also in South Korea and Taiwan. By the early 1980's food prices in East Asia averaged two or three times international levels, rivalling those in Western Europe. A multi-commodity stochastic simulation model measures the extent to which policies in East Asia have reduced the mean and increased the variance of international prices for grain and meat, reduced world trade in these products and affected economic welfare in East Asia and elsewhere. The effects of continued growth in East Asia's protection through the 1980's (leading to rice export surpluses) are then compared with the effects of partial liberalization.

Suggested Citation

  • Tyers, Rodney & Anderson, Kym, 1985. "Price, Trade and Welfare Effects of Agricultural Protection: The Case of East Asia," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 53(03), December.
  • Handle: RePEc:ags:remaae:12511
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    File URL: http://purl.umn.edu/12511
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    References listed on IDEAS

    as
    1. Anderson, Kym, 1983. "Growth of agricultural protection in East Asia," Food Policy, Elsevier, vol. 8(4), pages 327-336, November.
    2. Josling, Timothy, 1980. "Developed-country agricultural policies and developing-country food supplies: the case of wheat," Research reports 14, International Food Policy Research Institute (IFPRI).
    3. Anderson, Kym & Tyers, Rodney, 1984. "European Community Grain and Meat Policies: Effects on International Prices, Trade and Welfare," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 11(4), pages 367-394.
    4. Anderson, Kym, 1983. "Economic Growth, Comparative Advantage and Agricultural Trade of Pacific Rim Countries," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 51(03), December.
    5. D. Gale Johnson, 1975. "World Agriculture, Commodity Policy, and Price Variability," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(5), pages 823-828.
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    Cited by:

    1. MacGregor, R. J., 1988. "Exporter Cooperation in the World Grain Trade," Working Papers 244043, Agriculture and Agri-Food Canada.

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    Keywords

    International Relations/Trade;

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