| Description |
v, 26 pages : illustrations ; 28 cm. |
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text txt rdacontent |
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computer c rdamedia |
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online resource cr rdacarrier |
| Series |
Economic research report ; 16 |
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Economic research report (United States. Department of Agriculture. Economic Research Service) ; no. 16.
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| System Details |
Mode of access: Internet from the USDA web site. |
| Note |
Title from title screen (viewed on July 22, 2008). |
| Summary |
This report examines issues related to modeling complex policy regimes that affect international dairy markets using a partial equilibrium, multiple-commodity, multiregion model of agricultural policy and trade. Average bound tariffs for dairy remain among the highest of all agricultural commodities and dairy trade is characterized by a large number of megatariffs and tariff-rate quotas (TRQs). In addition to tariffs and TRQs, countries have used milk production quotas to control milk production. Modeling results indicate that liberalization would reduce world dairy product supplies and increase the value of dairy trade. |
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A partial-equilibrium, multiple-commodity, multiregion model of agricultural policy and trade is used to simulate the effects of changes in domestic and trade policy on dairy production, consumption, prices, and trade. Simulations using the ERS-Penn State Trade model analyze the effects of separately and concurrently relaxing domestic income and price supports, and import restrictions and export subsidies, with special attention to tariff-rate and milk production quotas. Modeling results indicate that liberalization would reduce world dairy product supplies and increase the value of dairy trade. |
| Note |
"February 2006." |
| Bibliography |
Includes bibliographical references (pages 20-22). |
| Form |
Also available in print. |
| Reproduction |
Electronic reproduction. [Washington, D.C.? : U.S. Dept. of Agriculture, ERS], Mode of access: World Wide Web. System requirements: PDF reader. |
| Subject |
Dairy products industry -- Economic aspects.
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Free trade -- Economic aspects.
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dairy products.
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dairy industry.
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trade liberalization.
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Dairy products industry -- Economic aspects.
(OCoLC)fst00887004
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Free trade -- Economic aspects.
(OCoLC)fst00933947
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| Added Author |
Somwaru, Agapi.
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Normile, Mary Anne.
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United States. Department of Agriculture. Economic Research Service.
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| Other Form: |
Langley, Suchada Vichitakul. Trade liberalization in international dairy markets v, 26 p. (OCoLC)68181745 |
| Gpo Item No. |
0042-V (online) |
| Sudoc No. |
A 93.73:16 |
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