International Agricultural Trade: Products

2021 ◽  
pp. 53-101
Author(s):  
Vasilii Erokhin ◽  
Gao Tianming ◽  
Anna Ivolga
Keyword(s):  
Agricultural Trade

Food and Water Security in West Asia

2018 ◽  
pp. 512-529
Author(s):  
Eckart Woertz
Keyword(s):  
Role Model ◽  
Value Added ◽  
Water Security ◽  
Virtual Water ◽  
Agricultural Trade ◽  
Economic Sectors ◽  
Trade Surplus ◽  
Self Sufficiency ◽  
Water Scarce ◽  
Policy Solutions

West Asia is one of the most water-scarce regions of the world and one of its foremost importers of virtual water despite sustained efforts at self-sufficiency, especially in cereal production. Technology-oriented policy solutions eye a reorientation of agriculture towards fruit and vegetables that are less water-intensive than cereals and provide more value added per water unit consumed. Turkey is a role model here; the country has an agricultural trade surplus and ranks among the top ten agricultural economies globally in value terms. Yet technology-oriented policy prescriptions overlook the sociopolitical ‘problemsheds’ that emerge (along with new agro-lobbies) and agriculture as the main water consumer has to compete with other economic sectors and sprawling urbanization. This article looks at the different categories of countries and their specific challenges.

Agricultural Trade and Ultra-Poor in Pakistan: An Application of CGE Model

2021 ◽  
pp. 097639962110106
Author(s):  
Saud Ahmad ◽  
Muhammad Aamir Khan ◽  
Usman Mustafa
Keyword(s):  
Income Inequality ◽  
World Economy ◽  
Empirical Studies ◽  
Real Income ◽  
Agricultural Trade ◽  
Public Welfare ◽  
Trade Policies ◽  
Agriculture Sector ◽  
Lower Extent ◽  
Potential Impact

In the modern integrated world, the synthesis of countries for trade is often viewed as a crucial source of income and growth disparities across nations. Well-known channels of economic theory can trace the growth effects of trade. However, there is a substantial conflict among empirical studies regarding gains from agricultural trade. Therefore, this study examines the economy-wide impact of agriculture trade liberalization/protection on agriculture production, agriculture trade, income redistribution and public welfare. An extension of the GTAP model known as MyGTAP is employed and the world economy is disaggregated into 20 regions and 11 sectors with Pakistan as a home country. Further, results explore greater gains from an increased level of liberalization towards the agriculture sector in terms of agriculture production, real factors’ wage, terms of trade and household welfare. Rural households enjoy relatively higher real income and income inequality declines in Pakistan in the case of liberalization and protection. However, comparatively protectionism reduces inequality by the lower extent, and said study also points out that neither change in real gross domestic product nor public welfare turns out to be a good indicator of assessing potential impact of trade policies on income inequality.

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