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Trans-Pacific Partnership

Implications for the Canadian Industrial Dairy Sector

Bibliographic Data

ID11969035
AuthorsJames Rude (0000-0003-1197-4006, Department of Resource Economics and Environmental Sociology University of Alberta, Edmonton, corresponding author), Henry An (0000-0002-8500-5374, Department of Resource Economics and Environmental Sociology University of Alberta, Edmonton)
Year2013
Volume39
Issue3
Pages393-410
Publication date2013-09-01
Open AccessNo
TypeARTICLE
VenueCanadian Public Policy (JOURNAL)
Journal identifiersISSN: 0317-0861 • E-ISSN: 1911-9917
PublisherUniversity of Toronto Press Inc. (UTPress) (PUBLISHER)
DOI10.3138/cpp.39.3.393
OpenAlexW2018782175
LanguageEN
Citations received6
References cited12

The announcement of the Trans-Pacific Partnership in June 2012 raised speculation about dire consequences for the dairy sector and the end of supply management. We examine these claims in the context of tariff liberalization and the transmission of volatile international dairy prices into the Canadian market. The paper examines the implications for dairy farmer welfare, quota values, and the welfare of other agents in the economy. Given that the US dairy industry has interests of its own to protect, significant dairy tariff liberalization is not expected. With modest tariff reductions, the impact on quota values will be minimal. Likewise, the overall decline in producer welfare will also be small. Therefore, supply management, as a marketing institution, is likely to survive the TPP, but marketing boards may have to change their pricing policies in response to tariff reductions

Business · Context (archaeology · Dairy industry · Economics · Free trade · General partnership · International economics · International trade · Liberalization · Market economy · Supply management · Tariff · Welfare · Canadian Policy and Governance · Economic Analysis and Policy · Global trade and economics · Finance

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Citations per year0.55
Citation span2015 - 2026 (12)
Highly citedNo

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