Journal article
Trade policy, biotechnology and grain self-sufficiency in China
Agricultural economics, Vol.28(3), pp.173-186
2003
Handle:
https://hdl.handle.net/2376/115445
Abstract
Over the past 20 years the growth of China’s agricultural economy has been extraordinary. However, it seems unlikely that China will maintain self-sufficiency in grains by 2005 without substantial intervention. We develop a CGE model to assess the options available to Chinese policy makers. We compare the welfare effects of import tariffs and domestic support, and explore the potential of biotechnology as a means to achieve self-sufficiency through improvements in agricultural productivity. Our results indicate that the price interventions that would be required to maintain China’s desired self-sufficiency ratios are considerable, and are unlikely to be compatible with WTO accession. The productivity improvements required are also significant, and likely beyond the current potential of biotechnology.
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Details
- Title
- Trade policy, biotechnology and grain self-sufficiency in China
- Creators
- Fabrizio Felloni - International Fund for Agricultural Development, Via del Serafico, 107, 00142 Rome, ItalyJohn Gilbert - Department of Economics, Utah State University, Utah, UT, USAThomas I Wahl - IMPACT Center, 123 Hulbert Hall, Washington State University, P.O. Box 646214, Pullman, WA 99164-6214, USAPhilip Wandschneider - Department of Agricultural and Resource Economics, Washington State University, Pullman, WA, USA
- Publication Details
- Agricultural economics, Vol.28(3), pp.173-186
- Academic Unit
- Economic Sciences, School of
- Publisher
- Elsevier B.V
- Identifiers
- 99900548386801842
- Language
- English
- Resource Type
- Journal article