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Understanding the World Wool Market: Trade, Productivity and Grower Incomes. Part 6: The Costs of Global Tariff Barriers on Wool Products; Conclusion

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  • George Verikios

    (UWA Business School, The University of Western Australia)

Abstract

This is Chapters 6 & 7 of my PhD thesis Understanding the World Wool Market: Trade, Productivity and Grower Incomes, UWA, 2006. The full thesis is available as Discussion Papers 06.19 to 06.24. The WOOLGEM model is applied to estimate the distortionary effects on prices, output, trade and regional welfare of wool tariff barriers. The estimates are simulated under long-run conditions where each region faces a trade balance constraint and capital is free to accumulate or depreciate within each region. Our experiments analyse the distortionary effects of tariff barriers from 1997 to 2005, and from 2005 onwards.

Suggested Citation

  • George Verikios, 2006. "Understanding the World Wool Market: Trade, Productivity and Grower Incomes. Part 6: The Costs of Global Tariff Barriers on Wool Products; Conclusion," Economics Discussion / Working Papers 06-24, The University of Western Australia, Department of Economics.
    • Handle: RePEc:uwa:wpaper:06-24
    as

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    References listed on IDEAS

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    1. Roger N. Rose, 1980. "Supply Shifts and Research Benefits: Comment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(4), pages 834-837.
    2. Joseph Francois & Hans Van Meijl & Frank Van Tongeren, 2005. "Trade liberalization in the Doha Development Round [Trade in Manufactures, the Outcome of the Uruguay Round and Developing Country Interests]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 20(42), pages 350-391.
    3. J. W. Freebairn & J. S. Davis & G. W. Edwards, 1982. "Distribution of Research Gains in Multistage Production Systems," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(1), pages 39-46.
    4. John D. Mullen & Julian M. Alston & Michael K. Wohlgenant, 1989. "The Impact Of Farm And Processing Research On The Australian Wool Industry," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 33(1), pages 32-47, April.
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