IDEAS home Printed from https://ideas.repec.org/a/ags/remaae/12511.html
   My bibliography  Save this article

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), pages 1-28, December.
    • Handle: RePEc:ags:remaae:12511
    DOI: 10.22004/ag.econ.12511
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/12511/files/53030113.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.12511?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    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. Malcolm D. Bale & Bruce L. Greenshields, 1978. "Japanese Agricultural Distortions and Their Welfare Value," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(1), pages 59-64.
    3. 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.
    4. Alexander H. Sarris & John Freebairn, 1983. "Endogenous Price Policies and International Wheat Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(2), pages 214-224.
    5. 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).
    6. Shun-Yi Shei & Robert L. Thompson, 1977. "The Impact of Trade Restrictions on Price Stability in the World Wheat Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(4), pages 628-638.
    7. Anderson, Kym & Tyers, Rodney, 1984. "European Community Grain and Meat Policies: Effects on International Prices, Trade and Welfare," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 11(4), pages 367-394.
    8. Malcolm D. Bale & Ernst Lutz, 1981. "Price Distortions in Agriculture and Their Effects: An International Comparison," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(1), pages 8-22.
    9. Kym Anderson & Peter G. Warr, 1985. "General Equilibrium Effects of Agricultural Price Distortions: A Simple Model for Korea," School of Economics and Public Policy Working Papers 1985-01, University of Adelaide, School of Economics and Public Policy.
    10. Maury E. Bredahl & William H. Meyers & Keith J. Collins, 1979. "The Elasticity of Foreign Demand for U.S. Agricultural Products: The Importance of the Price Transmission Elasticity," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(1), pages 58-63.
    11. 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), pages 1-18, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Unknown, 1987. "Japanese agricultural policies: an overview," Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) Archive 316179, Australian Government, Australian Bureau of Agricultural and Resource Economics and Sciences.
    2. MacGregor, R. J., 1988. "Exporter Cooperation in the World Grain Trade," Working Papers 244043, Agriculture and Agri-Food Canada.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mahama, Ramatu, 1985. "A stochastic simulation of the impact of price insulation policies on world wheat market stability," ISU General Staff Papers 198501010800008868, Iowa State University, Department of Economics.
    2. Coyle, Barry & Chambers, Robert G. & Schmitz, Andrew, 1986. "Economic Gains from Agricultural Trade: A Review and Bibliography," Miscellaneous Publications 319990, United States Department of Agriculture, Economic Research Service.
    3. Geoff W. Edwards, 1987. "Agricultural Policy Debate: A Survey," The Economic Record, The Economic Society of Australia, vol. 63(2), pages 129-143, June.
    4. Harald Witzke, 1986. "Endogenous supranational policy decisions: The Common Agricultural Policy of the European Community," Public Choice, Springer, vol. 48(2), pages 157-174, January.
    5. Rose, Roger, 1987. "A perspective on recent developments in the world wheat market," Agricultural Outlook Forum Archive 1923 - 1997 326419, United States Department of Agriculture, Agricultural Outlook Forum.
    6. Bale, Malcolm D. & Lutz, Ernst, 1981. "Agricultural Pricing Policies in Developed and Developing Countries: Their Effects on Efficiency, Distribution, and Rural Change," 1981 Occasional Paper Series No. 2 197129, International Association of Agricultural Economists.
    7. Labson, B. Stephen & Rausser, Gordon C., 1992. "Modeling Phased Reduction of Distortionary Policies in the U.S. Wheat Market Under Alternative Macroeconomic Environments," Staff General Research Papers Archive 502, Iowa State University, Department of Economics.
    8. Liapis, Peter S., 1989. "Estimation and Evaluation of Economic Community Wheat Export Subsidies," Staff Reports 278253, United States Department of Agriculture, Economic Research Service.
    9. Liu, Hsiang-Hsi, 1983. "An annual simultaneous equation econometric model of U.S. corn and soybean cash and futures markets," ISU General Staff Papers 198301010800009935, Iowa State University, Department of Economics.
    10. Kim, C. S., 1986. "Modeling Import Demand Under Government Intervention And Financial Constraints: The Case Of Corn In Mexico," Staff Reports 277848, United States Department of Agriculture, Economic Research Service.
    11. 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), pages 1-18, December.
    12. C. S. C. Sekhar, 2010. "Structure of the World Wheat Market: Some Implications for Strategic Trade Policy?," Journal of Quantitative Economics, The Indian Econometric Society, vol. 8(2), pages 142-158.
    13. Roe, Terry & Shane, Mathew & Vo, De Huu, 1986. "Price Responsiveness of World Grain Markets: The Influence of Government Intervention on Import Price Elasticity," Technical Bulletins 157021, United States Department of Agriculture, Economic Research Service.
    14. Liu, Zong-Shin, 1989. "Monetary policy, exchange rate, and effects on US wheat trade and domestic market in an imperfect competition framework," ISU General Staff Papers 1989010108000010216, Iowa State University, Department of Economics.
    15. Bahreinian, Aniss, 1987. "EC common agricultural policy and the world trade in feed grain: a multi-region nonspatial price equilibrium analysis," ISU General Staff Papers 198701010800009612, Iowa State University, Department of Economics.
    16. Jaouad, Mohamed, 1994. "An agricultural policy and trade model for Morocco," ISU General Staff Papers 1994010108000011483, Iowa State University, Department of Economics.
    17. Jeffrey D. McDonald & Daniel A. Sumner, 2003. "The Influence of Commodity Programs on Acreage Response to Market Price: With an Illustration Concerning Rice Policy in the United States," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(4), pages 857-871.
    18. Wenting Wang & Longbao Wei, 2019. "Impacts of Agricultural Price Support Policies on Price Variability and Welfare: Evidence from China's Soybean Market," Center for Agricultural and Rural Development (CARD) Publications 19-wp592, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    19. van Schalkwyk, H. D. & van Zyl, J. & Doyer, O. T., 1996. "Welfare Effects Of Regulation In Lesotho'S Wheat Market," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 35(4), December.
    20. Roe, Terry L. & Shane, Mathew & Vo, De Huu, 1986. "Import Elasticity with Government Intervention: A Time Series Cross Section Analysis of Seventy-Two Countries," Bulletins 7509, University of Minnesota, Economic Development Center.

    More about this item

    Keywords

    International Relations/Trade;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:remaae:12511. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.