EFFECTIVENESS OF AGRICULTURAL SUPPORTS ACROSS OECD AND SELECTED COUNTRIES UNDER THE WTO SPELL

Agricultural supports are among the most favored policies of governments to affect domestic welfare and maintain food security. Supports provided take many forms ranging from those distorting prices and production to de-coupled ones with no link to production. In addition to budgetary or climatic re...

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Main Authors: Emine Meltem Baştan, Hüseyin Songül
Format: Article
Language:English
Published: International Journal of Food and Agricultural Economics 2019-10-01
Series:International Journal of Food and Agricultural Economics
Subjects:
Online Access:http://www.foodandagriculturejournal.com/vol7.no4.pp303.pdf
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author Emine Meltem Baştan
Hüseyin Songül
author_facet Emine Meltem Baştan
Hüseyin Songül
author_sort Emine Meltem Baştan
collection DOAJ
description Agricultural supports are among the most favored policies of governments to affect domestic welfare and maintain food security. Supports provided take many forms ranging from those distorting prices and production to de-coupled ones with no link to production. In addition to budgetary or climatic restrictions, countries also face challenges due to the terms of the WTO about types of supports. In line with the WTO mandates, this study analyses the impact of supports by excluding market price supports, that are the biggest parts of distorting supports. Using the OECD and FAO databases, it is shown that there is a discrepancy between crops and animal products with respect to the impact of supports with no significant impact noted for animal products. It is also considered that analyses conducted with different types of supports and products could create a solid basis for suggesting counter arguments against the WTO mandates.
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spelling doaj.art-8c9180e25b14413686b85f39eba684192023-02-15T16:08:36ZengInternational Journal of Food and Agricultural EconomicsInternational Journal of Food and Agricultural Economics2147-89882147-89882019-10-0174303311EFFECTIVENESS OF AGRICULTURAL SUPPORTS ACROSS OECD AND SELECTED COUNTRIES UNDER THE WTO SPELLEmine Meltem Baştan0Hüseyin Songül1Central Bank of the Republic of Turkey, Structural Economic Research Department TurkeyCentral Bank of the Republic of Turkey, Structural Economic Research Department TurkeyAgricultural supports are among the most favored policies of governments to affect domestic welfare and maintain food security. Supports provided take many forms ranging from those distorting prices and production to de-coupled ones with no link to production. In addition to budgetary or climatic restrictions, countries also face challenges due to the terms of the WTO about types of supports. In line with the WTO mandates, this study analyses the impact of supports by excluding market price supports, that are the biggest parts of distorting supports. Using the OECD and FAO databases, it is shown that there is a discrepancy between crops and animal products with respect to the impact of supports with no significant impact noted for animal products. It is also considered that analyses conducted with different types of supports and products could create a solid basis for suggesting counter arguments against the WTO mandates.http://www.foodandagriculturejournal.com/vol7.no4.pp303.pdfagricultural supportproducer single commodity transfemost distorting supportsarellano-bond gmm estimation
spellingShingle Emine Meltem Baştan
Hüseyin Songül
EFFECTIVENESS OF AGRICULTURAL SUPPORTS ACROSS OECD AND SELECTED COUNTRIES UNDER THE WTO SPELL
International Journal of Food and Agricultural Economics
agricultural support
producer single commodity transfe
most distorting supports
arellano-bond gmm estimation
title EFFECTIVENESS OF AGRICULTURAL SUPPORTS ACROSS OECD AND SELECTED COUNTRIES UNDER THE WTO SPELL
title_full EFFECTIVENESS OF AGRICULTURAL SUPPORTS ACROSS OECD AND SELECTED COUNTRIES UNDER THE WTO SPELL
title_fullStr EFFECTIVENESS OF AGRICULTURAL SUPPORTS ACROSS OECD AND SELECTED COUNTRIES UNDER THE WTO SPELL
title_full_unstemmed EFFECTIVENESS OF AGRICULTURAL SUPPORTS ACROSS OECD AND SELECTED COUNTRIES UNDER THE WTO SPELL
title_short EFFECTIVENESS OF AGRICULTURAL SUPPORTS ACROSS OECD AND SELECTED COUNTRIES UNDER THE WTO SPELL
title_sort effectiveness of agricultural supports across oecd and selected countries under the wto spell
topic agricultural support
producer single commodity transfe
most distorting supports
arellano-bond gmm estimation
url http://www.foodandagriculturejournal.com/vol7.no4.pp303.pdf
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