Alternativas para disciplinar o efeito de distorção do preço e do comércio mundial causado pelos subsídios agrícolas

The limits to agricultural subsidies established in the Uruguay Round Agreement on Agriculture could cause trade-distorting domestic support. This study suggests limits in the subsidy value to level the maximum price distortion for each product. A partial equilibrium model was estimated for the prod...

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Bibliographic Details
Published in:Economia aplicada 2009-09, Vol.13 (3), p.425-439
Main Authors: Costa, Cinthia Cabral da, Nassar, André Meloni, Jank, Marcos Sawaya
Format: Article
Language:Portuguese
Subjects:
Agricultural subsidies
comércio internacional
distorção no preço
ECONOMICS
international trade
price distortion
Subsidies
subsídios agrícolas
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Summary:The limits to agricultural subsidies established in the Uruguay Round Agreement on Agriculture could cause trade-distorting domestic support. This study suggests limits in the subsidy value to level the maximum price distortion for each product. A partial equilibrium model was estimated for the products. The maximum value of subsidy to main agricultural products in the country-regionplaceUSA., causing a two percentage limit in their world price, were: US$ 1.0 billion to soybean; US$ 0.6 billion to cotton; US$ 0.2 billion to rice; US$ 1.4 to corn and US$ 1.3 billion to wheat. Therefore, those patterns of product value could be used as a parameter to product subsidy cap.
ISSN:1413-8050
1980-5330
1980-5530
1980-5330
DOI:10.1590/S1413-80502009000300004