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Will Special Agricultural Safeguards Advance or Retard LDC Growth and Welfare? A Dynamic General Equilibrium Analysis

Author

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  • Somwaru, Agapi
  • Skully, David W.

Abstract

This study examines the potential magnitude and distribution of the costs and benefits of allowing developing countries to establish Special Safeguards (SSGs) for staple agricultural commodities. An inter-temporal general equilibrium model used to simulate the static and dynamic effects of SSGs. Our results indicate that developing countries in aggregate lose welfare when SSGs are imposed for staple food and for all agricultural commodities as opposed to agricultural trade liberalization without SSGs. However, the distribution of gains and losses among developing countries is not uniform.

Suggested Citation

  • Somwaru, Agapi & Skully, David W., 2005. "Will Special Agricultural Safeguards Advance or Retard LDC Growth and Welfare? A Dynamic General Equilibrium Analysis," 2005 Annual meeting, July 24-27, Providence, RI 19533, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea05:19533
    DOI: 10.22004/ag.econ.19533
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    Cited by:

    1. Grant, Jason H. & Meilke, Karl D., 2004. "Import Safeguards: Protectionist Measures Or A Liberalization Strategy?," 2004 Annual meeting, August 1-4, Denver, CO 20236, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Mr. Jean-Jacques Hallaert, 2005. "Special Agricultural Safeguards: Virtual Benefits and Real Costs—Lessons for the Doha Round," IMF Working Papers 2005/131, International Monetary Fund.
    3. Grant, Jason H. & Meilke, Karl D., . "Triggers, Remedies, and Tariff Cuts: Assessing the Impact of a Special Safeguard Mechanism for Developing Countries," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 10(01), pages 1-24.
    4. Grant, Jason H. & Meilke, Karl D., 2005. "The WTO Special Safeguard Mechanism: A Case Study of Wheat," Working Papers 24158, Canadian Agricultural Trade Policy Research Network.
    5. Countryman, Amanda & Ufer, Danielle, 2016. "Potential Poverty Effects of the Special Safeguard Mechanism: the Case of Wheat," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236023, Agricultural and Applied Economics Association.

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