Methodology for Measuring Distortions to Agricultural Incentives

This paper outlines the methodological issues associated with the task of measuring that actual delivered direct protection or taxation to individual agricultural industries, as well as the direct protection or anti-protection to non-agricultural sectors. It begins with a guide to what elements in principle could be measured. There are two key purposes of the distortion estimates being generated by this project are: 1) to provide a long annual time series of indicators showing the extent to which price incentives faced by farmers and food consumers have been distorted directly and indirectly by own-government policies in all major developing, transition and high-income countries, and hence for the world as a whole; and 2) to attribute the price distortion estimates for each farm product to specific border or domestic policy measures, so they can serve as inputs into various types of partial and general equilibrium economic models for estimating the effects of those various policies on such things as national and international agricultural markets, farm value added, income inequality, poverty, and national, regional and global welfare.

Bibliographic Details

Main Authors:	Anderson, Kym, Kurzweil, Marianne, Martin, Will, Sandri, Damiano, Valenzuela, Ernesto
Format:	Working Paper biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2008-01
Subjects:	ADVERSE IMPACT, AGRICULTURAL OUTPUT, AGRICULTURAL PRICE, AGRICULTURE, ARBITRAGE, AUTARCHY, BANKING SYSTEM, BENCHMARK, BENCHMARKS, BILATERAL TRADE, BLACK MARKET, BLACK MARKET PREMIUM, BORDER PRICE, BUSINESS REGULATIONS, CAPITAL FLOWS, CAPITAL INFLOWS, CENTRAL BANK, COMMERCIAL BANKING, COMMERCIAL BANKS, COMMODITIES, COMMODITY, COMMODITY PRICES, CONSUMER PRICE, CONSUMER PRICES, CONSUMER SURPLUS, CONSUMERS, COUNTRY OF ORIGIN, CURRENCY, CURRENT ACCOUNT, CUSTOMS UNIONS, DEBT, DEMAND CURVES, DEVALUATION, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DIRECT PAYMENTS, DOLLAR VALUE, DOLLAR VALUES, DOMESTIC CURRENCY, DOMESTIC CURRENCY PRICE, DOMESTIC DEMAND, DOMESTIC MARKET, DOMESTIC MARKETS, DOMESTIC PRICE, DOMESTIC PRICE LEVEL, DOMESTIC PRICES, ECONOMIC COOPERATION, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC MODEL, ECONOMIC MODELS, ECONOMIC PERFORMANCE, ECONOMIC RESEARCH, ELASTICITY, EQUILIBRIUM, EXCESS DEMAND, EXCHANGE RATE, EXCHANGE RATE MISALIGNMENT, EXCHANGE RATE OVERVALUATION, EXCHANGE RATE POLICY, EXCHANGE RATE REGIME, EXCHANGE RATE SYSTEM, EXCHANGE RATES, EXOGENOUS VARIABLES, EXPENDITURE, EXPORT SECTOR, EXPORT SUBSIDY, EXPORTERS, EXPORTS, EXTERNALITIES, FINANCIAL MARKET, FINANCIAL MARKETS, FOOD PRICE, FOOD PRODUCTION, FOREIGN CURRENCY, FOREIGN DEBT, FOREIGN DIRECT INVESTMENT, FOREIGN EXCHANGE, FOREIGN EXCHANGE RATE, FOREIGN INVESTMENT, FOREIGN TRADE, FREE MARKET, FREE TRADE, GDP, GENERAL EQUILIBRIUM, GENERAL EQUILIBRIUM ANALYSIS, GENERALIZED SYSTEM OF PREFERENCES, GLOBAL ECONOMY, GLOBALIZATION, GOVERNMENT ACTIONS, GOVERNMENT INTERVENTION, GOVERNMENT INTERVENTIONS, GOVERNMENT REGULATION, GROSS VALUE, HIGH-INCOME COUNTRIES, IMPERFECT COMPETITION, IMPORT, IMPORT BARRIERS, IMPORT DEMAND, IMPORT PRICE, IMPORT PROTECTION, IMPORT TARIFF, IMPORT TARIFFS, IMPORTS, INCOME, INCOMES, INSURANCE, INTERNATIONAL MARKET, INTERNATIONAL MARKETS, INTERNATIONAL PRICE, INTERNATIONAL PRICES, INTERNATIONAL TRADE, LABOR MARKETS, LIBERALIZATION, LOCAL CURRENCY, LOW-INCOME COUNTRIES, LOW-INCOME COUNTRY, MACROECONOMIC POLICY, MANUFACTURING INDUSTRIES, MARGINAL COSTS, MARKET ACCESS, MARKET CONDITIONS, MARKET EXCHANGE RATE, MARKET EXCHANGE RATES, MARKET FAILURES, MARKET INTEGRATION, MARKET POWER, MARKET PRICE, MARKET RATE, MARKET REFORM, MARKET STRUCTURE, MARKETING BOARDS, MERCHANDISE, MERCHANDISE TRADE, MONEY SUPPLY, MONOPOLY, MULTIPLE EXCHANGE RATE, MULTIPLE EXCHANGE RATES, NATIONAL ECONOMY, NATURAL RESOURCE, OPEN ECONOMY, OUTPUTS, OVERVALUATION, PARTICULAR COUNTRY, POLITICAL ECONOMY, POVERTY ALLEVIATION, PREFERENTIAL ACCESS, PRICE BANDS, PRICE CHANGES, PRICE COMPARISON, PRICE COMPARISONS, PRICE CONTROLS, PRICE DISTORTION, PRICE DISTORTIONS, PRICE ELASTICITIES, PRICE ELASTICITY, PRICE ELASTICITY OF DEMAND, PRICE ELASTICITY OF SUPPLY, PRICE INCENTIVES, PRICE LEVEL, PRICE SERIES, PRICE SUPPORT, PRICE VOLATILITY, PRICING POLICY, PRODUCER PRICE, PRODUCT DIFFERENTIATION, PURCHASE PRICE, REAL APPRECIATION, REAL DEVALUATION, REAL EXCHANGE RATE, REAL EXCHANGE RATE APPRECIATION, REAL EXCHANGE RATE CHANGES, REAL EXCHANGE RATES, RELATIVE PRICE, RELATIVE PRICES, REMITTANCES, RETAIL, RETAIL MARKETING, RETAIL PRICE, RURAL INFRASTRUCTURE, SALE, SALES, SECONDARY MARKET, SERVICES MARKETS, SMALL ECONOMIES, SMALL ECONOMY, SOCIAL COST, SPREAD, STANDARD DEVIATION, STANDARD DEVIATIONS, SUBSTITUTE, SUBSTITUTION, SUPPLY CURVES, SUPPLY INCREASES, TARIFF BARRIERS, TAX, TAX RATE, TAXATION, TECHNOLOGICAL ADVANCES, TECHNOLOGICAL CHANGES, THIRD WORLD, TRADE BARRIERS, TRADE FACILITATION, TRADE POLICIES, TRADE POLICY, TRADE RESTRICTIVENESS, TRADE TAX, TRADE TAXES, TRADES, TRANSITION ECONOMIES, UNDERVALUATION, URUGUAY ROUND, VALUE ADDED, VALUE OF OUTPUT, WEALTH, WEIGHTS, WELFARE ECONOMICS, WHOLESALE PRICES, WHOLESALER, WHOLESALERS, WHOLESALING, WORLD ECONOMY, WORLD TRADE, WTO,
Online Access:	http://documents.worldbank.org/curated/en/495511468157502089/Methodology-for-measuring-distortions-to-agricultural-incentives http://hdl.handle.net/10986/28271
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