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Title
Agricultural distortions in Sub-Saharan Africa: trade and welfare indicators, 1961 to 2004 |
Full text
http://hdl.handle.net/1885/12519; https://digitalcollections.anu.edu.au/retrieve/61051/World Bank Economic Review.pdf.jpg; https://digitalcollections.anu.edu.au/bitstream/1885/12519/1/World Bank Economic Review.pdf |
Date
2011 |
Author(s)
Croser, Johanna L.; Anderson, Kym |
Abstract
For decades, agricultural price and trade policies in Sub-Saharan Africa hampered farmers' contributions to economic growth and poverty reduction. This paper draws on a modification of so-called trade restrictiveness indexes to provide theoretically precise partial-equilibrium indicators of the trade and welfare effects of agricultural policy distortions to producer and consumer prices in 19 African countries since 1961. Annual time series estimates are provided not only by country but also, for the region, by commodity and by policy instrument. The findings reveal the considerable extent of policy reform over the past two decades, especially through reducing export taxation; but they also reveal that national policies continue to reduce trade and economic welfare much more in Sub-Saharan Africa than in Asia or Latin America. - This work is a product of a World Bank research project on Distortions to Agricultural Incentives (Project P093895, see www.worldbank.org/agdistortions) which was financially supported by the governments of the Netherlands (BNPP), the United Kingdom (DfID) and Ireland; and by the Australian Research Council (DP0880565). |
Subject(s)
agricultural price; trade policies; Sub-Saharan Africa; farmers; economic growth; poverty reduction; trade restrictiveness indexes; partial-equilibrium indicators; agricultural policy distortions |
Publisher
Oxford University Press; http://www.oxfordjournals.org/ |
Relation
http://purl.org/au-research/grants/arc/DP0880565 |
Type of publication
Journal article; Other |
Format
28 pages |
Source
World Bank Economic Review 25.2 (2011): 250-277; http://doi.org/10.1093/wber/lhr012 |
Rights
© Oxford University Press |
Identifier
0258-6770; 1564-698X |
Repository
Canberra - Australian National University
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Added to C-A: 2015-01-26;16:20:19 |
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