Understanding International Trade in Agricultural Products: One Hundred Years of Contributions by Agricultural Economists

The study of international trade in agricultural products has developed rapidly over the past fifty years. In the 1960s the disarray in world agriculture caused by domestic price support policies became the focus of analytical studies. There followed attempts to measure the distortions caused by pol...

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Bibliographic Details
Published in:American journal of agricultural economics 2010-04, Vol.92 (2), p.424-446
Main Authors: Josling, Tim, Anderson, Kym, Schmitz, Andrew, Tangermann, Stefan
Format: Article
Language:English
Subjects:
Agricultural economics
Agricultural exports
Agricultural policy
Agricultural production
Agricultural productivity
Agricultural trade
agricultural trade distortions
Climate change
commodity prices
Economic history
Economic models
Economists
F13
F55
Farm commodities
Farm economics
Farm exports
International economics
International trade
measurement of agricultural protection
modeling agricultural trade
Pricing policies
Q17
Studies
Trade development
Trade policy
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Summary:The study of international trade in agricultural products has developed rapidly over the past fifty years. In the 1960s the disarray in world agriculture caused by domestic price support policies became the focus of analytical studies. There followed attempts to measure the distortions caused by policies also in developing countries and to model their impact on world agricultural markets. Tools were advanced to explain the trends and variations in world prices and the implications of market imperfections. Challenges for the future include analyzing trade based on consumer preferences for certain production methods and understanding the impact of climate change mitigation and adaptation on trade.
ISSN:0002-9092
1467-8276
DOI:10.1093/ajae/aaq011