OECD Economics Department Working Papers
- ISSN :
- 1815-1973 (online)
- DOI :
- 10.1787/18151973
Quantifying the Economy-Wide Effects of Agricultural Policies
A General Equilibrium Approach
- Publication Date
- 01 July 1988
- Bibliographic information
-
- No.:
- 55
- Pages
- 99
- DOI
- 10.1787/574100212533
This paper presents a progress report on the Economics and Statistics Department's applied general equilibrium model -- the WALRAS model. This model has been developed with the explicit objective of quantifying the economy-wide effects of agricultural policies in OECD countries. The common specification of the model for the major OECD agricultural trading countries/regions (Australia, Canada, EEC, Japan, New Zealand and the United States) is described in detail. Results are presented for some preliminary simulations of the effects of removing the 1979-81 levels of agricultural assistance in these countries/regions. The initial results relate only to unilateral liberalisation experiments with the unlinked country/region models, with no account being taken of feedback effects through changes in world agricultural prices and trade volumes ...
