Assessing protectionism and subsidies in agriculture
Subtitle: a gravity approach
By: prepared by Claudio Paiva.
Contributors: International Monetary Fund.; IMF Institute.
Series: IMF working paper -- WP/05/21
Publisher: International Monetary Fund,  IMF Institute
Published: 2005
Place of publication: Washington, D.C
Language: eng
Number of pages: 17
Subjects: Agriculture and state -- Econometric models.; Protectionism -- Econometric models.; Subsidies -- Econometric models.
Description: This paper provides the first comprehensive empirical analysis of agricultural trade using a gravity model. The data set covers bilateral trade in agricultural goods for 152 countries over the periods 1990-93 and 1999-2002. The estimations support claims that protectionism and distortive subsidies to agriculture remain widespread in more developed nations, which are shown to import less and export more agricultural products than expected given other economic, political, and geographic determinants of trade. However, some developing regions that are often thought to be the main victims of industrial-country protectionism are also found to be relatively closed to agricultural trade.
Notes: "January 2005."

Includes bibliographical references (p. 16-17).

Also available on the World Wide Web.