NALDC

Trade liberalization in international dairy markets : estimated impacts

Author:

Langley, Suchada Vichitakul., Somwaru, Agapi., Normile, Mary Anne., United States, Department of Agriculture., and Economic Research Service.

Source:

USDA

Year:

2006

Subject:

Dairy products industry, Economic aspects, Free trade, dairy products, dairy industry, and trade liberalization

Abstract:

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.

Language:

English

Publisher:

U.S. Dept. of Agriculture, Economic Research Service

Series:

Economic research report (United States. Department of Agriculture. Economic Research Service) ; no. 16

Collection:

USDA publications

Permanent URL:

http://handle.nal.usda.gov/10113/18144