TY - BOOK ID - 84542586 TI - Measuring the Impact of Distortions in Agricultural Trade in Partial and General Equilibrium PY - 2003 SN - 1462378188 1452722994 128210828X 9786613801630 1451898894 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Investments: Commodities KW - Exports and Imports KW - Macroeconomics KW - Taxation KW - Agriculture in International Trade KW - Trade Policy KW - International Trade Organizations KW - Price Level KW - Inflation KW - Deflation KW - Trade: General KW - Agriculture: General KW - Commodity Markets KW - Investment & securities KW - Public finance & taxation KW - International economics KW - Price incentives KW - Tariffs KW - Imports KW - Agricultural commodities KW - Commodities KW - Prices KW - Taxes KW - International trade KW - Tariff KW - Farm produce KW - Commercial products KW - United States UR - https://www.unicat.be/uniCat?func=search&query=sysid:84542586 AB - This paper provides quantitative estimates of the impact of removing agricultural support (both tariffs and subsidies) in partial- and general-equilibrium frameworks. The results show that agricultural support in industrial countries is highly distortionary and tariffs have a larger distortionary impact than subsidies. Removal of agricultural support would likely raise the international prices of food, resulting in an increase in the cost of food for many net-food- importing countries, although the increase is generally small. The results also show that most of the benefits from removing agricultural support accrue to the countries that liberalize. ER -