Multilateral Market Access Reforms of the Doha Round: A Preliminary Assessment of Implications for EU Agricultural Trade
The July package of the Doha Round of trade negotiations stipulates that a tiered-formula approach should be used to significantly reduce market access barriers, implying that the EU would have to make larger cuts to its high external tariffs in comparison with other WTO members such as the US. This paper provides a preliminary assessment of the likely impact of this approach on EU agricultural sectors. Numerical simulations of a multilateral market-access reform scenario show that such cuts would lead to across-the-board decreases in intra-EU trade flows compared with a baseline projection. While intra-EU trade flows would decrease, the EU’s trade with the rest of the world would increase. Yet such increases would not be symmetric – imports into the EU would increase more than exports, resulting in larger external trade deficits or smaller external trade surpluses in many EU agricultural products. Further, the resulting adjustments in member states’ production and net trade positions are not equal: new member states would generally lose part of their export shares in the EU market to external competitors, as highlighted in the cases of bovine meat and dairy products. Finally, simulation results show that although EU welfare as a whole improves, the distribution of such gains across EU member states is uneven. EU-15 countries generally gain from improved efficiency as a result of the reform. The new member states, however, will only experience marginal efficiency improvements but will likely suffer terms-of-trade losses, thereby losing some of the related benefits of joining the EU.
| Attachment | Size | Hits | Last download |
|---|---|---|---|
| 1193.pdf | 198.88 KB | 1617 | 1 week 9 hours ago |
The July package of the Doha Round of trade negotiations stipulates that a tiered-formula approach should be used to significantly reduce market access barriers, implying that the EU would have to make larger cuts to its high external tariffs in comparison with other WTO members such as the US. This paper provides a preliminary assessment of the likely impact of this approach on EU agricultural sectors. Numerical simulations of a multilateral market-access reform scenario show that such cuts would lead to across-the-board decreases in intra-EU trade flows compared with a baseline projection. While intra-EU trade flows would decrease, the EU’s trade with the rest of the world would increase. Yet such increases would not be symmetric – imports into the EU would increase more than exports, resulting in larger external trade deficits or smaller external trade surpluses in many EU agricultural products. Further, the resulting adjustments in member states’ production and net trade positions are not equal: new member states would generally lose part of their export shares in the EU market to external competitors, as highlighted in the cases of bovine meat and dairy products. Finally, simulation results show that although EU welfare as a whole improves, the distribution of such gains across EU member states is uneven. EU-15 countries generally gain from improved efficiency as a result of the reform. The new member states, however, will only experience marginal efficiency improvements but will likely suffer terms-of-trade losses, thereby losing some of the related benefits of joining the EU.
-en-1039
[list_price] => 0.00000 [cost] => 0.00000 [sell_price] => 12.00000 [weight] => 300 [weight_units] => g [length] => 0 [width] => 0 [height] => 0 [length_units] => cm [pkg_qty] => 0 [default_qty] => 1 [unique_hash] => e6fa858ac6c76ff6f9cca99c736ac4ca [ordering] => 0 [shippable] => 1 [path] => book/multilateral-market-access-reforms-doha-round-preliminary-assessment-implications-eu-agricultur [field_book_isbn] => Array ( [0] => Array ( [value] => [safe] => ) ) [field_book_number] => Array ( [0] => Array ( [value] => 11 [safe] => 11 [view] => 11 ) ) [field_book_short_title] => Array ( [0] => Array ( [value] => [safe] => [view] => ) ) [field_book_author_external] => Array ( [0] => Array ( [value] => Wusheng Yu and Hans G. Jensen [safe] => Wusheng Yu and Hans G. Jensen ) ) [field_book_old_path] => Array ( [0] => Array ( [value] => 1193 [safe] => 1193 ) ) [field_book_pages] => Array ( [0] => Array ( [value] => [view] => ) ) [field_book_publication_date] => Array ( [0] => Array ( [value] => 2005-01-01T00:00:00 [timezone] => Europe/Brussels [timezone_db] => Europe/Brussels [date_type] => date [view] => 01 January 2005 ) ) [field_book_author] => Array ( [0] => Array ( [nid] => [safe] => Array ( ) [view] => ) ) [field_image_cache] => Array ( [0] => ) [field_type] => Array ( [0] => Array ( [value] => BOOK [format] => [safe] =>BOOK
[view] => Printed book ) [1] => Array ( [value] => [format] => [safe] => [view] => ) [2] => Array ( [value] => [format] => [safe] => [view] => ) ) [print_display] => 1 [print_display_comment] => 0 [print_display_urllist] => 1 [signup] => 0 [tags] => Array ( ) [uc_order_product_id] => [0] => [taxonomy] => Array ( [taxonomy_term_13] => Array ( [title] => Agricultural agreements [href] => taxonomy/term/13 [attributes] => Array ( [rel] => tag [title] => ) ) [taxonomy_term_98] => Array ( [title] => ENARPRI Working Papers [href] => catalog/98 [attributes] => Array ( [rel] => tag [title] => ENEPRI Working Papers re-publish selective studies that have been carried out by researchers associated with ENEPRI ) ) ) [files] => Array ( [893] => stdClass Object ( [fid] => 893 [uid] => 1 [filename] => 1193.pdf [filepath] => files/book/1193.pdf [filemime] => application/pdf [filesize] => 203651 [status] => 1 [timestamp] => 2009-09-16 17:11:19 [nid] => 1039 [vid] => 1039 [description] => 1193.pdf [list] => 1 [weight] => 0 ) ) [flatrate] => Array ( ) [shipping_type] => small_package [shipping_address] => stdClass Object ( [first_name] => [last_name] => [company] => CEPS [phone] => +32 2 2293951 [street1] => place du Congres 1 [street2] => [city] => Brussels [zone] => 94 [postal_code] => 1000 [country] => 56 ) [usps] => Array ( [vid] => 1039 [nid] => 1039 [container] => ) [weightquote] => Array ( ) [build_mode] => 0 [readmore] => 1 [content] =>The July package of the Doha Round of trade negotiations stipulates that a tiered-formula approach should be used to significantly reduce market access barriers, implying that the EU would have to make larger cuts to its high external tariffs in comparison with other WTO members such as the US. This paper provides a preliminary assessment of the likely impact of this approach on EU agricultural sectors. Numerical simulations of a multilateral market-access reform scenario show that such cuts would lead to across-the-board decreases in intra-EU trade flows compared with a baseline projection. While intra-EU trade flows would decrease, the EU’s trade with the rest of the world would increase. Yet such increases would not be symmetric – imports into the EU would increase more than exports, resulting in larger external trade deficits or smaller external trade surpluses in many EU agricultural products. Further, the resulting adjustments in member states’ production and net trade positions are not equal: new member states would generally lose part of their export shares in the EU market to external competitors, as highlighted in the cases of bovine meat and dairy products. Finally, simulation results show that although EU welfare as a whole improves, the distribution of such gains across EU member states is uneven. EU-15 countries generally gain from improved efficiency as a result of the reform. The new member states, however, will only experience marginal efficiency improvements but will likely suffer terms-of-trade losses, thereby losing some of the related benefits of joining the EU.
| Attachment | Size | Hits | Last download |
|---|---|---|---|
| 1193.pdf | 198.88 KB | 1617 | 1 week 9 hours ago |
The July package of the Doha Round of trade negotiations stipulates that a tiered-formula approach should be used to significantly reduce market access barriers, implying that the EU would have to make larger cuts to its high external tariffs in comparison with other WTO members such as the US. This paper provides a preliminary assessment of the likely impact of this approach on EU agricultural sectors. Numerical simulations of a multilateral market-access reform scenario show that such cuts would lead to across-the-board decreases in intra-EU trade flows compared with a baseline projection. While intra-EU trade flows would decrease, the EU’s trade with the rest of the world would increase. Yet such increases would not be symmetric – imports into the EU would increase more than exports, resulting in larger external trade deficits or smaller external trade surpluses in many EU agricultural products. Further, the resulting adjustments in member states’ production and net trade positions are not equal: new member states would generally lose part of their export shares in the EU market to external competitors, as highlighted in the cases of bovine meat and dairy products. Finally, simulation results show that although EU welfare as a whole improves, the distribution of such gains across EU member states is uneven. EU-15 countries generally gain from improved efficiency as a result of the reform. The new member states, however, will only experience marginal efficiency improvements but will likely suffer terms-of-trade losses, thereby losing some of the related benefits of joining the EU.
-en-1039
[list_price] => 0.00000 [cost] => 0.00000 [sell_price] => 12.00000 [weight] => 300 [weight_units] => g [length] => 0 [width] => 0 [height] => 0 [length_units] => cm [pkg_qty] => 0 [default_qty] => 1 [unique_hash] => e6fa858ac6c76ff6f9cca99c736ac4ca [ordering] => 0 [shippable] => 1 [path] => book/multilateral-market-access-reforms-doha-round-preliminary-assessment-implications-eu-agricultur [field_book_isbn] => Array ( [0] => Array ( [value] => [safe] => ) ) [field_book_number] => Array ( [0] => Array ( [value] => 11 [safe] => 11 [view] => 11 ) ) [field_book_short_title] => Array ( [0] => Array ( [value] => [safe] => [view] => ) ) [field_book_author_external] => Array ( [0] => Array ( [value] => Wusheng Yu and Hans G. Jensen [safe] => Wusheng Yu and Hans G. Jensen ) ) [field_book_old_path] => Array ( [0] => Array ( [value] => 1193 [safe] => 1193 ) ) [field_book_pages] => Array ( [0] => Array ( [value] => [view] => ) ) [field_book_publication_date] => Array ( [0] => Array ( [value] => 2005-01-01T00:00:00 [timezone] => Europe/Brussels [timezone_db] => Europe/Brussels [date_type] => date [view] => 01 January 2005 ) ) [field_book_author] => Array ( [0] => Array ( [nid] => [safe] => Array ( ) [view] => ) ) [field_image_cache] => Array ( [0] => ) [field_type] => Array ( [0] => Array ( [value] => BOOK [format] => [safe] =>BOOK
[view] => Printed book ) [1] => Array ( [value] => [format] => [safe] => [view] => ) [2] => Array ( [value] => [format] => [safe] => [view] => ) ) [print_display] => 1 [print_display_comment] => 0 [print_display_urllist] => 1 [signup] => 0 [tags] => Array ( ) [uc_order_product_id] => [0] => [taxonomy] => Array ( [13] => stdClass Object ( [tid] => 13 [vid] => 3 [name] => Agricultural agreements [description] => [weight] => 0 ) [98] => stdClass Object ( [tid] => 98 [vid] => 4 [name] => ENARPRI Working Papers [description] => ENEPRI Working Papers re-publish selective studies that have been carried out by researchers associated with ENEPRI [weight] => 0 ) ) [files] => Array ( [893] => stdClass Object ( [fid] => 893 [uid] => 1 [filename] => 1193.pdf [filepath] => files/book/1193.pdf [filemime] => application/pdf [filesize] => 203651 [status] => 1 [timestamp] => 2009-09-16 17:11:19 [nid] => 1039 [vid] => 1039 [description] => 1193.pdf [list] => 1 [weight] => 0 ) ) [flatrate] => Array ( ) [shipping_type] => small_package [shipping_address] => stdClass Object ( [first_name] => [last_name] => [company] => CEPS [phone] => +32 2 2293951 [street1] => place du Congres 1 [street2] => [city] => Brussels [zone] => 94 [postal_code] => 1000 [country] => 56 ) [usps] => Array ( [vid] => 1039 [nid] => 1039 [container] => ) [weightquote] => Array ( ) [build_mode] => 0 [readmore] => 1 [content] => Array ( [print_links] => Array ( [#weight] => -101 [#suffix] => [#value] => [#prefix] => [#title] => [#description] => [#printed] => 1 ) [display_price] => Array ( [#weight] => -10 [#access] => 1 [#value] =>BOOK
[#delta] => 0 ) [#title] => [#description] => [#theme_used] => 1 [#printed] => 1 [#type] => [#value] => [#prefix] => [#suffix] => [#children] => Printed book ) [1] => Array ( [#formatter] => default [#node] => stdClass Object *RECURSION* [#type_name] => book [#field_name] => field_type [#weight] => 1 [#theme] => text_formatter_default [#item] => Array ( [value] => [format] => [safe] => [#delta] => 1 ) [#title] => [#description] => [#theme_used] => 1 [#printed] => 1 [#type] => [#value] => [#prefix] => [#suffix] => ) [2] => Array ( [#formatter] => default [#node] => stdClass Object *RECURSION* [#type_name] => book [#field_name] => field_type [#weight] => 2 [#theme] => text_formatter_default [#item] => Array ( [value] => [format] => [safe] => [#delta] => 2 ) [#title] => [#description] => [#theme_used] => 1 [#printed] => 1 [#type] => [#value] => [#prefix] => [#suffix] => ) [#title] => [#description] => [#children] => Printed book [#printed] => 1 ) [#single] => 1 [#attributes] => Array ( ) [#required] => [#parents] => Array ( ) [#tree] => [#context] => full [#page] => 1 [#field_name] => field_type [#title] => type [#access] => 1 [#label_display] => inline [#teaser] => [#node] => stdClass Object *RECURSION* [#type] => content_field [#children] => Printed book [#printed] => 1 ) [#title] => [#description] => [#children] =>| Attachment | Size |
|---|---|
| 1193.pdf | 198.88 KB |
The July package of the Doha Round of trade negotiations stipulates that a tiered-formula approach should be used to significantly reduce market access barriers, implying that the EU would have to make larger cuts to its high external tariffs in comparison with other WTO members such as the US. This paper provides a preliminary assessment of the likely impact of this approach on EU agricultural sectors. Numerical simulations of a multilateral market-access reform scenario show that such cuts would lead to across-the-board decreases in intra-EU trade flows compared with a baseline projection. While intra-EU trade flows would decrease, the EU’s trade with the rest of the world would increase. Yet such increases would not be symmetric – imports into the EU would increase more than exports, resulting in larger external trade deficits or smaller external trade surpluses in many EU agricultural products. Further, the resulting adjustments in member states’ production and net trade positions are not equal: new member states would generally lose part of their export shares in the EU market to external competitors, as highlighted in the cases of bovine meat and dairy products. Finally, simulation results show that although EU welfare as a whole improves, the distribution of such gains across EU member states is uneven. EU-15 countries generally gain from improved efficiency as a result of the reform. The new member states, however, will only experience marginal efficiency improvements but will likely suffer terms-of-trade losses, thereby losing some of the related benefits of joining the EU.
| Attachment | Size |
|---|---|
| 1193.pdf | 198.88 KB |
The July package of the Doha Round of trade negotiations stipulates that a tiered-formula approach should be used to significantly reduce market access barriers, implying that the EU would have to make larger cuts to its high external tariffs in comparison with other WTO members such as the US. This paper provides a preliminary assessment of the likely impact of this approach on EU agricultural sectors. Numerical simulations of a multilateral market-access reform scenario show that such cuts would lead to across-the-board decreases in intra-EU trade flows compared with a baseline projection. While intra-EU trade flows would decrease, the EU’s trade with the rest of the world would increase. Yet such increases would not be symmetric – imports into the EU would increase more than exports, resulting in larger external trade deficits or smaller external trade surpluses in many EU agricultural products. Further, the resulting adjustments in member states’ production and net trade positions are not equal: new member states would generally lose part of their export shares in the EU market to external competitors, as highlighted in the cases of bovine meat and dairy products. Finally, simulation results show that although EU welfare as a whole improves, the distribution of such gains across EU member states is uneven. EU-15 countries generally gain from improved efficiency as a result of the reform. The new member states, however, will only experience marginal efficiency improvements but will likely suffer terms-of-trade losses, thereby losing some of the related benefits of joining the EU.
Researchers
Related Publications
- EU Land Markets and the Common Agricultural Policy
- The Perfect Storm: The Political Economy of the Fischler Reforms of the Common Agricultural Policy
- From Marx and Mao to the Market: The Economics and Politics of Agricultural Transition
- Agricultural Market Access: Striking the Balance between Formulas and Water in the Tariffs
- Potential WTO Trade Reform: Multifunctionality Impacts for Ireland?
- The Effects of Alternative Policy Scenarios on Multifunctionality: A Case Study of Spain
- Who finances the Queen's CAP payments? The CAP as a dooH niboR Scheme
- Scenarios for Modelling Trade Policy Effects on the Multifunctionality of European Agriculture
- Scenarios for Examining General Trade Agreements
- Structural Change and Market Opening in Agriculture
Editor's choice
-
Financial Markets
-
Politics and Institutions
-
Justice and Home Affairs
-
Economic Policy
-
EU Neighbourhood Policy
-
Economic Policy