Trade barrier volatility and agricultural price stabilization

Kym Anderson, Signe Nelgen

    Research output: Contribution to journalArticle


    National barriers to agricultural trade are often varied to insulate domestic markets from international price variability, especially following a sudden spike. This paper examines the extent of that behavior by governments using new annual estimates of agricultural price distortions in 75 countries. Responses to price spikes are shown to be equally substantial for agricultural-importing and agricultural-exporting countries, thereby weakening the domestic price-stabilizing effect of their interventions. Bringing discipline to export restrictions through new World Trade Organization rules could help alleviate the extent to which government responses to exogenous upward price spikes exacerbate those shocks.
    Original languageEnglish
    Pages (from-to)36-48
    JournalWorld Development
    Issue number1
    Publication statusPublished - 2012


    Dive into the research topics of 'Trade barrier volatility and agricultural price stabilization'. Together they form a unique fingerprint.

    Cite this