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Challenges in Modeling the Effects of Trade Agreements on the Agricultural Sector

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  • Westhoff, Patrick C.
  • Fabiosa, Jacinto F.
  • Beghin, John C.
  • Meyers, William H.

Abstract

Major issues and challenges encountered in modeling and analyzing agricultural and trade policy reforms are reviewed. We focus on the modeling approach and pay special attention to the type and scope of the models, the calibration of a realistic baseline scenario, the representation of the reform agreement, the use of extra-model information, the choice of metrics to measure reform impacts, and emerging issues in policy modeling. Existing solutions and unresolved issues are examined. We stress the complementarity of various modeling approaches in assessing policy reforms and the importance of helping users understand the limitations of the chosen approach. Keywords: agricultural policy, economic modeling, trade agreements. JEL classification: Q17, Q18, F13

Suggested Citation

  • Westhoff, Patrick C. & Fabiosa, Jacinto F. & Beghin, John C. & Meyers, William H., 2004. "Challenges in Modeling the Effects of Trade Agreements on the Agricultural Sector," Staff General Research Papers Archive 11673, Iowa State University, Department of Economics.
  • Handle: RePEc:isu:genres:11673
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    References listed on IDEAS

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    2. Karl D. Meilke & Don McClatchy & Harry de Gorter, 1996. "Challenges in quantitative economic analysis in support of multilateral trade negotiations," Agricultural Economics, International Association of Agricultural Economists, vol. 14(3), pages 185-200, August.
    3. John C. Beghin & Jean-Christophe Bureau, 2017. "Quantitative Policy Analysis Of Sanitary, Phytosanitary And Technical Barriers To Trade," World Scientific Book Chapters, in: John Christopher Beghin (ed.), Nontariff Measures and International Trade, chapter 3, pages 39-62, World Scientific Publishing Co. Pte. Ltd..
    4. Hart, Chad E. & Babcock, Bruce A., 2002. "U.S. Farm Policy and the WTO: How Do They Match Up?," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 3(1), pages 1-21.
    5. Martin,Will & Winters,L. Alan (ed.), 1996. "The Uruguay Round and the Developing Countries," Cambridge Books, Cambridge University Press, number 9780521586016.
    6. Michael D. Helmar & William H. Meyers & Dermot J. Hayes, 1993. "GATT and CAP Reform: Different, Similar, or Redundant?," Center for Agricultural and Rural Development (CARD) Publications 93-gatt4, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    7. Chad E. Hart & Bruce A. Babcock, 2002. "U.S. Farm Policy and the World Trade Organization: How Do They Match Up?," Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) 02-wp294, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    8. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685, December.
    9. Bijit Bora & Aki Kuwahara & Sam Laird, 2002. "Quantification Of Non-Tariff Measures," UNCTAD Blue Series Papers 18, United Nations Conference on Trade and Development.
    10. Richard E. Just, 2001. "Addressing the Changing Nature of Uncertainty in Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(5), pages 1131-1153.
    11. World Bank, 2003. "Global Economic Prospects 2004 : Realizing the Development Promise of the Doha Agenda," World Bank Publications - Books, The World Bank Group, number 14782, December.
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    Cited by:

    1. Alexandre Gohin & GianCarlo Moschini, 2006. "Evaluating the Market and Welfare Impacts of Agricultural Policies in Developed Countries: Comparison of Partial and General Equilibrium Measures," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(2), pages 195-211.
    2. Davids, T. & Meyer, F. & Westhoff, P., 2018. "Quantifying the regional impact of export controls in Southern African maize markets," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277353, International Association of Agricultural Economists.
    3. Jay Fabiosa & John Beghin & Amani Elobeid & Holger Matthey & Alexander Saak & Stéphane de Cara & Cheng Fang & Murat Isik & Pat Westhoff & D. Scott Brown & Brian Willott & Daniel Madison & Seth Meyer &, 2005. "The Doha Round of the World Trade Organization and Agricultural Markets Liberalization: Impacts on Developing Economies," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 27(3), pages 317-335.
    4. Rivera-Ferre, Marta G. & Ortega-Cerda, Miquel, 2011. "Assessment of the Agri-food System for Sustainability: Recognizing Ignorance," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 115965, European Association of Agricultural Economists.
    5. Oyewumi, Olubukola Ayodeju, 2005. "Modeling tariff rate quotas in the South African livestock industry," Master's Degree Theses 28064, University of the Free State, Department of Agricultural Economics.
    6. Pierre Rainelli, 2004. "Quelles voies pour l'évolution de la politique agricole ?," Post-Print hal-01518568, HAL.
    7. Niemi, Jyrki S. & Kerkela, Leena & Lehtonen, Heikki, 2008. "Modelling the impacts of multilateral agricultural trade liberalization on the EU," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44334, European Association of Agricultural Economists.
    8. Abler, David G., 2006. "Approaches to Measuring the Effects of Trade Agreements," Commissioned Papers 140762, Canadian Agricultural Trade Policy Research Network.

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    More about this item

    Keywords

    agricultural policy; economic modeling; trade agreements. jel classification: q17; q18; f13;
    All these keywords.

    JEL classification:

    • 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; Animal Welfare Policy
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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