Challenges in Modeling the Effects of Trade Agreements on the Agricultural Sector

Date
2004-01-01
Authors
Westerhoff, Patrick
Fabiosa, Jacinto
Beghin, John
Meyer, William
Journal Title
Journal ISSN
Volume Title
Publisher
Altmetrics
Authors
Research Projects
Organizational Units
Economics
Organizational Unit
Journal Issue
Series
Abstract

Major issues and challenges encountered in modeling and analyzing agricultural and trade policy reforms are reviewed. We focus on modeling approach and pay special attention to the type and scope of models, calibration of a realistic baseline scenario, representation of the reform agreement, use of extramodel information, choice of metrics to measure reform impacts, and emerging issues in policy modeling. Existing solutions and unresolved issues are examined. We stress the complementarity of various modeling approaches in assessing policy reforms and the importance of helping users understand the limitations of the chosen approach.

Description

This article is from Journal of Agricultural and Applied Economics 36 (2004): 383, doi:10.1017/S1074070800026663. Posted with permission.

Keywords
agricultural policy, economic modeling, trade agreements
Citation
DOI
Collections