Journal article

Tariff rate quotas and the economic impact of agricultural trade liberalization in the world trade organization


Authors listHerrmann, R; Kramb, M; Mönnich, C

Publication year2001

Pages1-19

JournalInternational Advances in Economic Research

Volume number7

Issue number1

ISSN1083-0898

eISSN1573-966X

DOI Linkhttps://doi.org/10.1007/BF02296588

PublisherSpringer


Abstract

Since their implementation at the Uruguay Round, tariff rate quotas (TRQs) have become a widely used instrument of trade policy in agricultural trade. With almost 1,300 TRQs scheduled at the World Trade Organization, this paper will examine their economic effects more closely. First, the theoretical background of TRQs is examined. Then, a short overview of the Uruguay Round and their institutional background is given. We demonstrate that official statistics, which do not count TRQs as nontariff barriers, are at least highly misleading. Very often, their effects are the same as those of regular quotas, including redistributive effects. The prominent example of the European banana regime is used to illustrate all of these points.

A first draft of this paper was presented at the International Atlantic Economic Conference, March 14–21, 2000, Munich, Germany. The results are part of the research project "The Influence of the Institutional Design on the Actual Impacts of Agricultural Trade Liberalization after GATT." Financial support by Volkswagen Stiftung is gratefully acknowledged.




Citation Styles

Harvard Citation styleHerrmann, R., Kramb, M. and Mönnich, C. (2001) Tariff rate quotas and the economic impact of agricultural trade liberalization in the world trade organization, International Advances in Economic Research, 7(1), pp. 1-19. https://doi.org/10.1007/BF02296588

APA Citation styleHerrmann, R., Kramb, M., & Mönnich, C. (2001). Tariff rate quotas and the economic impact of agricultural trade liberalization in the world trade organization. International Advances in Economic Research. 7(1), 1-19. https://doi.org/10.1007/BF02296588


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