By Organisation for Economic Co-Operation and Development
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Extra info for Agricultural Trade and Poverty: Making Policy Analysis Count
Our country coverage includes high-income economies: Western Europe (EU-15 and EFTA countries), The United States, Canada, Australia and New Zealand, and HighIncome Asia (Japan, South Korea, Taiwan, Singapore, and Hong Kong). Among developing and transition economies, we have Argentina, Brazil, China, India, Rest of East Asia, Rest of Latin America and the Caribbean, Eastern Europe and Central Asia, Sub Saharan Africa and SACU (South Africa, Botswana, Lesotho and Swaziland), and Rest of the World.
Results for the other scenarios are available from the authors. The simulations assume that liberalisations are phased in stepwise between 2005 and 2010. In each of these years, one sixth of the relevant benchmark policy is eliminated, while the simulations provide identical results between 1997 and 2004. The model is allowed to settle down for five years after the final year of phase-in. Policy reductions are only implemented in the high-income regions defined as Australia and New Zealand, Canada, the European Union and EFTA countries, High-Income Asia, and the United States.
Another State trading agency control dairy imports and administer dairy prices. There are supply controls for dairy via production quotas, and for rice via compulsory diversion to other crops. Rice farmers receive direct compensation when market prices fall below some historical average level. Production subsidies are also received for calves and dairy manufacturing (OECD, 2001). Special safeguard duties are frequently used to increase the border protection of various food industries. As shown in Figure 1, the overall PSE of Japanese agriculture was 63% for the 1998-2000 period.