IDEAS home Printed from https://ideas.repec.org/a/bla/jageco/v44y1993i1p14-24.html
   My bibliography  Save this article

Rebalancing Ec Cereals Protection And The Gatt Uruguay Round

Author

Listed:
  • S. McCorriston

Abstract

This paper considers the proposals put forward by the EC at the GATT Uruguay Round in December 1990. The EC's objective of rebalancing the Common Agricultural Policy in the context of a partial liberalisation of agricultural support on the world cereals market is assessed, as is the choice of base year from which liberalisation would have been initiated. The US's proposal for more significant reduction in agricultural support is also considered. The results show that the EC would not necessarily have benefited from rebalancing, since the effects would have depended on the choice of base period. For example, with 1986 (1988) as the base year, net welfare changes would have been 20 (50) percent higher (lower) with rebalancing, relative to the case without. Not surprisingly, the more substantial liberalisation proposed by the US would have resulted in greater net welfare gains even if rebalancing was conceded by the US.

Suggested Citation

  • S. McCorriston, 1993. "Rebalancing Ec Cereals Protection And The Gatt Uruguay Round," Journal of Agricultural Economics, Wiley Blackwell, vol. 44(1), pages 14-24, January.
    • Handle: RePEc:bla:jageco:v:44:y:1993:i:1:p:14-24
    DOI: 10.1111/j.1477-9552.1993.tb00247.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1477-9552.1993.tb00247.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1477-9552.1993.tb00247.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Gleckler, James & Tweeten, Luther, 1990. "The Impact of the Common Agricultural Rebalancing on the U.S., the European Community, and the World: The Basis for Agreement," Occasional Papers 233057, Regional Research Project NC-194: Organization and Performance of World Food Systems.
    2. Bickerton, Thomas W. & Glauber, Joseph W., 1990. "World Oilseed Markets--Government Intervention and Multilateral Policy Reform," Staff Reports 278284, United States Department of Agriculture, Economic Research Service.
    3. Roningen, Vernon O. & Dixit, Praveen M., 1990. "Assessing the implications of freer agricultural trade," Food Policy, Elsevier, vol. 15(1), pages 67-75, February.
    4. D. Greenaway, 1991. "The Uruguay Round Of Multilateral Trade Negotiations: Last Chance For Gatt?," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(3), pages 365-379, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. H. Guyomard & L. P. Mahé & K. J. Munk & T. L. Roe, 1993. "Agriculture In The Uruguay Round: Ambitions And Realities," Journal of Agricultural Economics, Wiley Blackwell, vol. 44(2), pages 245-263, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Babula, Ronald A. & Bessler, David A. & Reeder, John & Somwaru, Agapi, 2004. "Modeling U.S. Soy-Based Markets with Directed Acyclic Graphs and Time Series Econometrics: Evaluating the U.S. Market Impacts of High Soy Meal Prices," Working Paper ID Series 15885, United States International Trade Commission, Office of Industries.
    2. Babula, Ronald A. & Bessler, David A. & Reeder, John & Somwaru, Agapi, 2004. "Modeling U.S. Soy-Based Markets with Directed Acyclic Graphs and Bernanke Structural VAR Methods: The Impacts of High Soy Meal and Soybean Prices," Journal of Food Distribution Research, Food Distribution Research Society, vol. 35(3), pages 1-24, November.
    3. McCormick, Ian. & Davison, Cecil W. & Hoskin, Roger L., 1992. "The U.S. Sunflower Industry," Agricultural Economic Reports 305475, United States Department of Agriculture, Economic Research Service.
    4. Ames, Glenn C. W. & Gunter, Lewell & Davis, Claudia D., 1996. "Analysis of USA-European Community oilseeds agreements," Agricultural Economics, Blackwell, vol. 15(2), pages 97-112, November.
    5. Persaud, Suresh Chand & Chern, Wen S., 2002. "Meat Trade Liberalization And Soybean-Rapeseed Competition In The Japanese Market," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 20(1), pages 1-17.
    6. Erdman, Laurie, 1991. "Ec - U.S. Soybean And Soybean Product Trade Policy Issues And Disputes," Staff Papers 13778, University of Minnesota, Department of Applied Economics.
    7. Moulay-Benaissa, Samia, 1992. "Agricultural trade liberalization in Morocco: the case of oilseeds sector," ISU General Staff Papers 1992010108000018140, Iowa State University, Department of Economics.
    8. Ames, Glenn C.W. & Gunter, Lewell F. & Davis, Claudia D., 1996. "Analysis Of The U.S.-European Community Oilseeds Agreement," Faculty Series 16646, University of Georgia, Department of Agricultural and Applied Economics.
    9. Hofkes, M. W. & Gerlagh, R. & Lise, W. & Verbruggen, H., 2002. "Is Economic Growth Sustainable? A Trend Analysis for the Netherlands, 1990-1995," Conference papers 330984, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    10. Mercier, Stephanie A. & Gohlke, Brian, 1995. "The Role of Quality in Soybean Import Decisionmaking," Agricultural Economic Reports 308427, United States Department of Agriculture, Economic Research Service.
    11. Vink, N., 1992. "Expanding The Playing Field: South Africa, Southern Africa And The Role Of The Agricultural Economist," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 31(4), December.
    12. McCorriston, Steve & Sheldon, Ian M., 1993. "Trade Reform with Vertically-Related Markets," Occasional Papers 233156, Regional Research Project NC-194: Organization and Performance of World Food Systems.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jageco:v:44:y:1993:i:1:p:14-24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0021-857X .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.