Trade barrier volatility and domestic price stabilization (Record no. 24014)
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fixed length control field | 02755cam a22003734a 4500 |
001 - CONTROL NUMBER | |
control field | 5511 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | The World Bank |
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION | |
fixed length control field | m d |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
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008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 020129s2010 dcu i001 0 eng |
024 8# - OTHER STANDARD IDENTIFIER | |
Standard number or code | 10.1596/1813-9450-5511 |
035 ## - SYSTEM CONTROL NUMBER | |
System control number | (The World Bank)5511 |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | Anderson, Kym |
245 10 - TITLE STATEMENT | |
Title | Trade barrier volatility and domestic price stabilization |
Medium | [electronic resource] : |
Remainder of title | Evidence from agriculture / |
Statement of responsibility, etc | Kym Anderson |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication, distribution, etc | Washington, D.C., |
Name of publisher, distributor, etc | The World Bank, |
Date of publication, distribution, etc | 2010 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 1 online resource (37 p.) |
520 3# - SUMMARY, ETC. | |
Summary, etc | National barriers to trade are often varied to insulate domestic markets from international price variability, especially following a sudden spike. This paper explores the extent of that behavior by governments in the case of agricultural products, particularly food staples whose prices have spiked three times over the past four decades. It does so using new annual estimates since 1955 of agricultural price distortions in 75 countries, updated to 2008. Responses by food importers to upward price spikes are shown to be as substantial as those by food exporters, thereby weakening the domestic price-stabilizing effect of intervention by exporters. They also add to the transfer of welfare to food-surplus from food-deficit countries-the opposite of what is usually thought of when considering inter-sector trade retaliation. Phasing down World Trade Organization-bound import tariffs toward their applied rates would help reduce the legal opportunities for food-deficit countries to raise their import restrictions when international prices slump. To date there is no parallel discipline in the World Trade Organization that limits increases in export restrictions when prices spike upward, however. Bringing such discipline through new World Trade Organization rules could help alleviate the extent to which government responses to exogenous price spikes exacerbate those spikes. |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Agricultural trade policies |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Climate Change Economics |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Commodity price stabilization |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Distorted incentives |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Domestic market insulation |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Economic Theory & Research |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Emerging Markets |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Food & Beverage Industry |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | International Economics & Trade |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Markets and Market Access |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Price transmission |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Anderson, Kym |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Nelgen, Signe |
776 18 - ADDITIONAL PHYSICAL FORM ENTRY | |
Main entry heading | Print version: |
Display text | Anderson, Kym. |
Title | Trade barrier volatility and domestic price stabilization. |
Place, publisher, and date of publication | Washington, D.C., The World Bank, 2010 |
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
Uniform title | Policy research working papers. |
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
Uniform title | World Bank e-Library. |
856 40 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-5511">http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-5511</a> |
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