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Dispelling Some Misconceptions about Agricultural Trade Liberalization

Bibliographic Data

ID4030323
AuthorsStephen Tokarick (International Monetary Fund, corresponding author)
Year2008
Volume22
Issue1
Pages199-216
Publication date2008-02-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic Perspectives (JOURNAL)
Journal identifiersISSN: 0895-3309 • E-ISSN: 1944-7965
PublisherAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jep.22.1.199
OpenAlexW2060379876
LanguageEN
Citations received4
References cited2

There has been a great deal of public discussion over the impact that agricultural trade liberalization would likely have, especially on low-income countries. Unfortunately, the public discussion has been characterized by a number of misconceptions. This paper provides a clarifying discussion of the issues involved. Among the key points addressed are 1) agricultural "subsidies" are not nearly as large as has been portrayed; 2) tariffs are actually far more distortionary than subsidies and some low-income countries actually benefit from rich country subsides; and 3) widespread tariff reductions will not inflict large damage on developing countries as a result of preference erosion. The case for removing agricultural trade barriers remains compelling, even without the exaggerations and misconceptions

Agriculture · Developing country · Economic growth · Economics · Free trade · Geography · International economics · International trade · Liberalization · Market economy · Preference · Public economics · Subsidy · Tariff · Agricultural Economics and Policy · Global Trade and Competitiveness · Global trade and economics

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Unique citing works4
Citations per year0,22
Citation span2008 - 2023 (16)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 4

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