Rain, food and tariffs

Detalhes bibliográficos
Autor(a) principal: Bastos, Paulo
Data de Publicação: 2012
Outros Autores: Straume, Odd Rune, Urrego, Jaime A.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/1822/18372
Resumo: We examine whether and how rainfall shocks affect tariff setting in the agricultural sector. In a model of international oligopoly, we show that the impact of a negative rainfall shock on optimal import tariffs is generally ambiguous, depending on the weight placed by the domestic policy maker on tariff revenue, profi ts and the consumer surplus. The more weight placed on domestic profits ts, the more likely it is that the policy maker will respond to a rainfall shortage by reducing import tariffs. Using detailed panel data on applied tariffs and rainfall for 70 nations, we fi nd that rainfall shortages generally induce policy makers to set lower tariffs on agricultural imports.
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spelling Rain, food and tariffsRainfall shocksStrategic trade policyAgricultureWe examine whether and how rainfall shocks affect tariff setting in the agricultural sector. In a model of international oligopoly, we show that the impact of a negative rainfall shock on optimal import tariffs is generally ambiguous, depending on the weight placed by the domestic policy maker on tariff revenue, profi ts and the consumer surplus. The more weight placed on domestic profits ts, the more likely it is that the policy maker will respond to a rainfall shortage by reducing import tariffs. Using detailed panel data on applied tariffs and rainfall for 70 nations, we fi nd that rainfall shortages generally induce policy makers to set lower tariffs on agricultural imports.Fundação para a Ciência e a Tecnologia (FCT)FEDERQRENUniversidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)Universidade do MinhoBastos, PauloStraume, Odd RuneUrrego, Jaime A.2012-032012-03-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/18372enghttp://www3.eeg.uminho.pt/economia/nipe/info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:19:58Zoai:repositorium.sdum.uminho.pt:1822/18372Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:13:01.311392Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Rain, food and tariffs
title Rain, food and tariffs
spellingShingle Rain, food and tariffs
Bastos, Paulo
Rainfall shocks
Strategic trade policy
Agriculture
title_short Rain, food and tariffs
title_full Rain, food and tariffs
title_fullStr Rain, food and tariffs
title_full_unstemmed Rain, food and tariffs
title_sort Rain, food and tariffs
author Bastos, Paulo
author_facet Bastos, Paulo
Straume, Odd Rune
Urrego, Jaime A.
author_role author
author2 Straume, Odd Rune
Urrego, Jaime A.
author2_role author
author
dc.contributor.none.fl_str_mv Universidade do Minho
dc.contributor.author.fl_str_mv Bastos, Paulo
Straume, Odd Rune
Urrego, Jaime A.
dc.subject.por.fl_str_mv Rainfall shocks
Strategic trade policy
Agriculture
topic Rainfall shocks
Strategic trade policy
Agriculture
description We examine whether and how rainfall shocks affect tariff setting in the agricultural sector. In a model of international oligopoly, we show that the impact of a negative rainfall shock on optimal import tariffs is generally ambiguous, depending on the weight placed by the domestic policy maker on tariff revenue, profi ts and the consumer surplus. The more weight placed on domestic profits ts, the more likely it is that the policy maker will respond to a rainfall shortage by reducing import tariffs. Using detailed panel data on applied tariffs and rainfall for 70 nations, we fi nd that rainfall shortages generally induce policy makers to set lower tariffs on agricultural imports.
publishDate 2012
dc.date.none.fl_str_mv 2012-03
2012-03-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/1822/18372
url http://hdl.handle.net/1822/18372
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv http://www3.eeg.uminho.pt/economia/nipe/
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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