Publication:
Krueger/Schiff/Valdes Revisited : Agricultural Price and Trade Policy Reform in Developing Countries since 1960

Simple item page
dc.contributor.authorAnderson, Kym
dc.date.accessioned2014-09-02T21:36:12Z
dc.date.available2014-09-02T21:36:12Z
dc.date.issued2010-01
dc.description.abstractA study of distortions to agricultural incentives in 18 developing countries during 1960-84, by Krueger, Schiff and Valdes (1988; 1991), found that policies in most of those developing countries were directly or indirectly harming their farmers. Since the mid-1980s there has been a substantial amount of policy reform and opening up of many developing countries, and indicators of that progress have been made available recently by a new study that has compiled estimates for a much larger sample of developing countries and for as many years as possible since 1955. The new study also covers Europe s transition economies and comparable estimates for high-income countries, thereby covering more than 90 percent of world agricultural output and employment. This paper summarizes the methodology used in the new study (pointing out similarities and differences with those used by the OECD and by Krueger, Schiff and Valdes), compares a synopsis of the indicators from Krueger, Schiff and Valdes and the new study for the period to 1984, summarizes the changing extent of price distortions across countries and commodities globally since then, and concludes by evaluating the degree of distortion reduction over the years since 1984 compared with how much still remains, according to the results of a global economy wide model.en
dc.identifierhttp://documents.worldbank.org/curated/en/2010/01/11604392/kruegerschiffvaldes-revisited-agricultural-price-trade-policy-reform-developing-countries-1960
dc.identifier.doi10.1596/1813-9450-5165
dc.identifier.urihttps://hdl.handle.net/10986/19952
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 5165
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABSOLUTE VALUES
dc.subjectADVANCED ECONOMIES
dc.subjectADVERSE IMPACT
dc.subjectAGRICULTURAL ECONOMICS
dc.subjectAGRICULTURAL OUTPUT
dc.subjectAGRICULTURAL PRICE
dc.subjectAGRICULTURAL PRICES
dc.subjectAGRICULTURE
dc.subjectALLOCATION
dc.subjectBALANCE SHEETS
dc.subjectBENCHMARK
dc.subjectBORDER PRICE
dc.subjectCHANGES IN PRICES
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCOMPARATIVE ADVANTAGES
dc.subjectCOMPETITIVENESS
dc.subjectCONSTANT DOLLARS
dc.subjectCONSUMER PRICES
dc.subjectCONSUMERS
dc.subjectCOUNTRY FIXED EFFECTS
dc.subjectCURRENCY
dc.subjectDATA AVAILABILITY
dc.subjectDEREGULATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPING ECONOMIES
dc.subjectDOLLAR VALUES
dc.subjectDOMESTIC COMPETITION
dc.subjectDOMESTIC ECONOMY
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC MARKETS
dc.subjectDOMESTIC PRICE
dc.subjectDOMESTIC PRICES
dc.subjectECONOMETRICS
dc.subjectECONOMIC COOPERATION
dc.subjectECONOMIC COSTS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC EFFECTS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC WELFARE
dc.subjectECONOMY WIDE MODELING
dc.subjectEMERGING ECONOMIES
dc.subjectEQUILIBRIUM
dc.subjectEQUILIBRIUM PRICE
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE MOVEMENTS
dc.subjectEXCHANGE RATE POLICIES
dc.subjectEXCHANGE RATES
dc.subjectEXPORT BARRIERS
dc.subjectEXPORT SUBSIDIES
dc.subjectEXPORTERS
dc.subjectEXTERNALITIES
dc.subjectFINANCIAL ASSISTANCE
dc.subjectFIXED EXCHANGE RATE
dc.subjectFOOD PRICE
dc.subjectFOOD PRICES
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DEBT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE MARKET
dc.subjectFREE TRADE
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGENERAL EQUILIBRIUM
dc.subjectGENERAL EQUILIBRIUM ANALYSIS
dc.subjectGLOBAL DEMAND
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL EXPORTS
dc.subjectGLOBAL MARKETS
dc.subjectGLOBAL OUTPUT
dc.subjectGLOBALIZATION
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGROSS VALUE
dc.subjectGROWTH IN DEMAND
dc.subjectGROWTH RATE
dc.subjectHIGH-INCOME COUNTRIES
dc.subjectHIGH-INCOME COUNTRY
dc.subjectIMPORT
dc.subjectIMPORT BARRIERS
dc.subjectIMPORT PROTECTION
dc.subjectIMPORT RESTRICTIONS
dc.subjectIMPORT TARIFFS
dc.subjectIMPORT-SUBSTITUTING INDUSTRIALIZATION
dc.subjectIMPORT-SUBSTITUTING INDUSTRIALIZATION STRATEGY
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINCOME GROUP
dc.subjectINCOME GROUPS
dc.subjectINCOMES
dc.subjectINDUSTRIALIZATION
dc.subjectINTERNATIONAL COMPETITIVENESS
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL PRICE
dc.subjectINTERNATIONAL PRICES
dc.subjectINTERNATIONAL TRADE
dc.subjectINTERNATIONAL TRADE POLICIES
dc.subjectINTERNATIONAL TRADE POLICY
dc.subjectLESS DEVELOPED ECONOMIES
dc.subjectLIBERALIZATION
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMACROECONOMIC POLICY
dc.subjectMARGINAL COSTS
dc.subjectMARKET DISTORTIONS
dc.subjectMARKET ECONOMIES
dc.subjectMARKET EQUILIBRIUM
dc.subjectMARKET EQUILIBRIUM PRICE
dc.subjectMARKET LIBERALIZATION
dc.subjectMERCHANDISE
dc.subjectMERCHANDISE TRADE
dc.subjectMISALIGNMENT
dc.subjectMONOPOLIES
dc.subjectMULTILATERAL TRADE
dc.subjectMULTIPLE EXCHANGE RATES
dc.subjectNATIONAL INCOME
dc.subjectOPEN ECONOMY
dc.subjectOUTPUT
dc.subjectOVERVALUATION
dc.subjectOVERVALUED EXCHANGE RATES
dc.subjectPER CAPITA INCOME
dc.subjectPER CAPITA INCOMES
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOLITICAL ECONOMY
dc.subjectPOVERTY REDUCTION
dc.subjectPRICE COMPARISON
dc.subjectPRICE COMPARISONS
dc.subjectPRICE DISTORTION
dc.subjectPRICE DISTORTIONS
dc.subjectPRICE ELASTICITIES
dc.subjectPRICE HIKE
dc.subjectPRICE INCENTIVES
dc.subjectPRICE INDEX
dc.subjectPRICE SUBSIDIES
dc.subjectPRICE TRENDS
dc.subjectPRICING POLICY
dc.subjectPRIVATIZATION
dc.subjectPRODUCER PRICE
dc.subjectPROTECTIONISM
dc.subjectPURCHASE PRICE
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL EXCHANGE RATES
dc.subjectREAL GDP
dc.subjectRELATIVE PRICE
dc.subjectRELATIVE PRICES
dc.subjectRETAIL
dc.subjectSINGLE MARKET
dc.subjectSLOWDOWN
dc.subjectSOCIALIST ECONOMIES
dc.subjectSTANDARD DEVIATION
dc.subjectSUBSIDIZATION
dc.subjectSUBSTITUTION
dc.subjectTAX
dc.subjectTAXATION
dc.subjectTRADABLE GOODS
dc.subjectTRADE DATA
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE NEGOTIATIONS
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectTRADE PROTECTION
dc.subjectTRADE RESTRICTIONS
dc.subjectTRADE TAX
dc.subjectTRADE TAXES
dc.subjectTRADING SYSTEM
dc.subjectTRANSITION ECONOMIES
dc.subjectUNDERESTIMATES
dc.subjectUNDERVALUATION
dc.subjectURUGUAY ROUND
dc.subjectVALUE ADDED
dc.subjectVOLATILITY
dc.subjectVOLUME OF TRADE
dc.subjectWEIGHTS
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD MARKETS
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleKrueger/Schiff/Valdes Revisited : Agricultural Price and Trade Policy Reform in Developing Countries since 1960en
dspace.entity.typePublication
okr.crosscuttingsolutionareaClimate Change
okr.crossref.titleKrueger/Schiff/Valdes Revisited: Agricultural Price And Trade Policy Reform In Developing Countries Since 1960
okr.date.disclosure2010-01-31
okr.date.doiregistration2025-04-10T11:58:33.061481Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2010/01/11604392/kruegerschiffvaldes-revisited-agricultural-price-trade-policy-reform-developing-countries-1960
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid698411468138268794
okr.identifier.doi10.1596/1813-9450-5165
okr.identifier.externaldocumentum000158349_20100105091614
okr.identifier.internaldocumentum11604392
okr.identifier.reportWPS5165
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/01/05/000158349_20100105091614/Rendered/PDF/WPS5165.pdfen
okr.sectorIndustry and trade :: Other domestic and international trade
okr.sectorIndustry and trade :: General industry and trade sector
okr.themeTrade and integration :: Regional integration
okr.themeSocial protection and risk management :: Poverty strategy, analysis and monitoring
okr.topicPrivate Sector Development::Emerging Markets
okr.topicEconomic Theory and Research
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicFinance and Financial Sector Development::Currencies and Exchange Rates
okr.topicMacroeconomics and Economic Growth::Climate Change Economics
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isAuthorOfPublication952f550f-cf8c-5d8d-9ae5-d0208ea5edd1
relation.isAuthorOfPublication.latestForDiscovery952f550f-cf8c-5d8d-9ae5-d0208ea5edd1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
WPS5165.pdf
Size:
742.08 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
WPS5165.txt
Size:
122.04 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers