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Implications of Tariff Rate Quotas Liberalization in the South African Livestock Industry

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  • Oyewumi, Olubukola Ayodeju
  • Jooste, Andre
  • van Schalkwyk, Herman D.
  • Britz, Wolfgang

Abstract

Livestock farming is an important facet of agriculture and livelihood in South Africa. It forms the essence of rural agriculture contributing food, socio-economic stability, employment and income. After the liberalization of the agricultural sector and phasing out of past protection mechanisms South Africa introduced a process of tariff reform. Furthermore, a system of tariff rate quotas was introduced in compliance with WTO regulations. A partial equilibrium comparative static model was used to investigate the impact of further liberalization in the livestock industry of South Africa, particularly in meat products using four policy scenarios. Specific emphasis was given to the liberalization of the current TRQ regime. The conclusion is that the expansion in current quotas might be a more proper policy directive than reducing applied tariffs over the short to medium run to comply with trade liberalization targets.

Suggested Citation

  • Oyewumi, Olubukola Ayodeju & Jooste, Andre & van Schalkwyk, Herman D. & Britz, Wolfgang, 2006. "Implications of Tariff Rate Quotas Liberalization in the South African Livestock Industry," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25469, International Association of Agricultural Economists.
  • Handle: RePEc:ags:iaae06:25469
    DOI: 10.22004/ag.econ.25469
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    References listed on IDEAS

    as
    1. Lewis, Jeffrey D. & Robinson, Sherman & Thierfelder, Karen, 1999. "After the negotiations: assessing the impact of free trade agreements in Southern Africa," TMD discussion papers 46, International Food Policy Research Institute (IFPRI).
    2. Bureau, Jean-Christophe & Tangermann, Stefan, 2000. "Tariff Rate Quotas In The Eu," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 29(1), pages 1-11, April.
    3. repec:ags:nejare:v:29:y:2000:i:1:p:70-80 is not listed on IDEAS
    4. Herrmann, Roland & Kramb, Marc & Mönnich, Christina, 2000. "Tariff rate quotas and the economic impacts of agricultural trade liberalization in the WTO," Discussion Papers 1, Justus Liebig University Giessen, Center for international Development and Environmental Research (ZEU).
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    1. Oyewumi, Olubukola Ayodeju & Jooste, Andre & Britz, Wolfgang & van Schalkwyk, Herman D., 2007. "Tariff and Tariff Rate Quota Liberalization in the South African Livestock Industry: Approaches to Welfare Measurement," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 46(1), pages 1-22, March.

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