IDEAS home Printed from https://ideas.repec.org/p/ags/aare96/149719.html
   My bibliography  Save this paper

An Economic Assessment of the Uruguay Round Agreement on Agriculture

Author

Listed:
  • Martin, Will
  • Winters, L. Alan

Abstract

The Uruguay Round agreement on agriculture was a milestone, bringing this important sector under the disciplines from which it had escaped in the early days of the GATT. The agreement limits the distortions that countries may impose on: market access, on export subsidization and domestic support. In this paper, we evaluate the direct impacts of each of these limits, and then assess the economic implications of the agreement. Our conclusion is that the gains from the agriculture agreement were reduced considetably by the slippage which occurred in its implementation. They remain important, however, and are estimated to account for around a third of the global income gains from the liberalization achieved in the Round, even though formal modeling of the outcome omits the important gains from reductions in the variability of agricultunll protection. Perhaps most importantly, the agreement provides a basis for future liberalization.

Suggested Citation

  • Martin, Will & Winters, L. Alan, 1996. "An Economic Assessment of the Uruguay Round Agreement on Agriculture," 1996 Conference (40th), February 11-16, 1996, Melbourne, Australia 149719, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare96:149719
    as

    Download full text from publisher

    File URL: http://ageconsearch.umn.edu/record/149719/files/1996-02-12-14.pdf
    Download Restriction: no

    Citations

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


    Cited by:

    1. Tanner, Carolyn, 1996. "Agricultural Trade Liberalisation And The Uruguay Round," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 40(01), April.

    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:aare96:149719. See general information about how to correct material in RePEc.

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

    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.

    We have no references for this item. You can help adding them by using 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.