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OECD Domestic Support and Developing Countries

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Listed:
  • Betina Dimaranan
  • Thomas W. Hertel
  • Roman Keeney

Abstract

An AGE model with detailed farm supply and substitution relationships is used to analyze impacts of OECD domestic support reform on developing economy welfare. Stylized simulations indicate reforms best suited for reducing trade distortions with least impact on farm incomes. Comprehensive reforms result in welfare losses for LDCs and large declines in OECD farm incomes. Shifting from market price support to land-based payments designed to maintain farm incomes results in increased welfare for most developing countries.

Suggested Citation

  • Betina Dimaranan & Thomas W. Hertel & Roman Keeney, 2003. "OECD Domestic Support and Developing Countries," WIDER Working Paper Series DP2003-32, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2003-32
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    References listed on IDEAS

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