Domestic subsidies and agricultural commodity trade among World Trade Organization member nations

Date

2018-05

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Abstract

White examines the effects of domestic production subsidies on international trade flows. The study conducts an independent examination and measurement of the WTO’s Aggregate Measure of Support for agricultural subsidies across 15 member nations for the commodities corn, cotton, rice, sorghum, soybean, and wheat. The econometric panel tests results show that AMS does have an inverse relationship with net imports and thereafter concludes that further AMS reduction commitments by WTO member nations are imperative to increasing global trade flows.

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Keywords

Subsidies, Aggregate Measure of Support, AMS, World Trade Organization, WTO

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