OECD Factbook 2008
Economic, Environmental and Social Statistics
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Agricultural support estimates
During the mid-1980s, when the Uruguay Round of agricultural trade negotiations was getting underway, the OECD undertook to measure and codify support to the farm sector arising from agricultural policies. This led to the development of the producer support estimate (PSE), an indicator that is available on a timely and comprehensive basis for all 30 of the OECD’s member countries (the European Union is treated as a single entity) and selected non-members. The measure includes budgetary transfers financed by taxpayers but also includes the implicit tax on consumers that arises from agricultural policies – border protection, and administered pricing – that raise farm prices above the levels that would otherwise prevail. The measure is agreed by OECD member countries and is widely recognised as the only available internationally comparable indicator.
Also available in: French
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