Trade liberalization in international dairy markets : estimated impacts / Suchada Langley, Agapi Somwaru, and Mary Anne Normile.

Author/creator Langley, Suchada Vichitakul
Other author Somwaru, Agapi.
Other author Normile, Mary Anne.
Other author United States. Department of Agriculture. Economic Research Service.
Format Electronic
Publication Info[Washington, D.C.] : U.S. Dept. of Agriculture, Economic Research Service, [2006]
Descriptionv, 26 p. : ill. ; 28 cm.
Supplemental Contenthttps://purl.fdlp.gov/GPO/LPS97691
Subjects

SeriesEconomic research report ; 16
Economic research report (United States. Department of Agriculture. Economic Research Service) ; no. 16. ^A613631
Abstract This report examines issues related to modeling complex policy regimes that affect international dairy markets using a partial equilibrium, multiple-commodity, multiregion model of agricultural policy and trade. Average bound tariffs for dairy remain among the highest of all agricultural commodities and dairy trade is characterized by a large number of megatariffs and tariff-rate quotas (TRQs). In addition to tariffs and TRQs, countries have used milk production quotas to control milk production. Modeling results indicate that liberalization would reduce world dairy product supplies and increase the value of dairy trade.
Summary A partial-equilibrium, multiple-commodity, multiregion model of agricultural policy and trade is used to simulate the effects of changes in domestic and trade policy on dairy production, consumption, prices, and trade. Simulations using the ERS-Penn State Trade model analyze the effects of separately and concurrently relaxing domestic income and price supports, and import restrictions and export subsidies, with special attention to tariff-rate and milk production quotas. Modeling results indicate that liberalization would reduce world dairy product supplies and increase the value of dairy trade.
General noteTitle from title screen (viewed on July 22, 2008).
General note"February 2006."
General noteGPO Cataloging Record Distribution Program (CRDP).
Bibliography noteIncludes bibliographical references (p. 20-22).
Reproduction noteElectronic reproduction. [Washington, D.C.? : U.S. Dept. of Agriculture, ERS], Mode of access: World Wide Web. System requirements: PDF reader.
Technical detailsMode of access: Internet from the USDA web site. Address as of 7/22/2008: http://www.ers.usda.gov/publications/ERR16/ERR16.pdf; current access is available via PURL.
GPO item number0042-V (online)
Govt. docs number A 93.73:16

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