caa a22 4500 445859261 CHVBK 20180317145437.0 cr unu---uuuuu 170323e20110601xx s 000 0 eng 10.1007/s10290-010-0082-6 doi (NATIONALLICENCE)springer-10.1007/s10290-010-0082-6 Novel indicators of the trade and welfare effects of agricultural distortions in OECD countries [Elektronische Daten] [Kym Anderson, Johanna Croser] Agricultural markets in OECD countries have long been highly distorted by government policies. Traditional weighted average aggregates of the price distortions involved, such as producer and consumer support estimates (PSEs and CSEs), can be poor indicators of the trade restrictiveness and economic welfare losses associated with them, especially if a country's support estimates vary a lot across the product range. Certainly estimates of trade and welfare effects of price supports can be obtained from sectoral or economywide models using price elasticity estimates, but the results can be contentious if there is no consensus on what model specification and elasticity parameters to use. This paper shows that, if there is a willingness to accept simple assumptions about elasticities, it is possible to generate indicators of the welfare and trade restrictiveness of agricultural policies using no more than the price and quantity data needed to generate PSEs and CSEs. These new indexes thus provide an attractive supplement to the current policy monitoring regime developed by the OECD Secretariat. Kiel Institute, 2010 Distorted incentives nationallicence Agricultural price and trade policies nationallicence Trade restrictiveness index nationallicence Anderson Kym School of Economics, University of Adelaide, 5005, Adelaide, SA, Australia aut Croser Johanna School of Economics, University of Adelaide, 5005, Adelaide, SA, Australia aut Review of World Economics Springer-Verlag 147/2(2011-06-01), 269-302 1610-2878 147:2<269 2011 147 10290 https://doi.org/10.1007/s10290-010-0082-6 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10290-010-0082-6 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Anderson Kym School of Economics, University of Adelaide, 5005, Adelaide, SA, Australia aut NATIONALLICENCE 700 1- Croser Johanna School of Economics, University of Adelaide, 5005, Adelaide, SA, Australia aut NATIONALLICENCE 773 0- Review of World Economics Springer-Verlag 147/2(2011-06-01), 269-302 1610-2878 147:2<269 2011 147 10290 Metadata rights reserved Springer special CC-BY-NC licence nationallicence SWISSBIB 093269919 BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer