Food Trade Openness and Enhancement of Food Security—Partial Equilibrium Model Simulations for Selected Countries
| Autor: | Eihab Fathelrahman, Stephen P. Davies, Safdar Muhammad |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
030309 nutrition & dietetics
media_common.quotation_subject agri-food trade Geography Planning and Development Tariff TJ807-830 Management Monitoring Policy and Law TD194-195 Agricultural economics Renewable energy sources trade diversion 03 medical and health sciences 0502 economics and business regional trade GE1-350 media_common consumer welfare 0303 health sciences Food security Environmental effects of industries and plants Renewable Energy Sustainability and the Environment Partial equilibrium 05 social sciences Trade creation trade openness tariffs reduction Economic surplus simulation partial equilibrium Environmental sciences Food energy 050202 agricultural economics & policy Business food security indicators Trade diversion trade creation Welfare |
| Zdroj: | Sustainability, Vol 13, Iss 4107, p 4107 (2021) Sustainability Volume 13 Issue 8 |
| ISSN: | 2071-1050 |
| Popis: | This research measured the welfare impacts of food trade liberalization in India, Egypt, Pakistan, Saudi Arabia, and the United Arab Emirates (UAE) using the partial equilibrium model—World Integrated Trade Solution (WITS). Macroeconomic settings, domestic policy objectives, and food security indicator data are used to assess the implications of the simulations on food availability and stability. Simulation results for India, Egypt, and Pakistan indicate annual welfare gains (consumer surplus) of 2571, 340, and 25 million USD, respectively, while Saudi Arabia and the UAE have gains of 14 and 17 million USD. Results show that tariff elimination would have wide-ranging welfare impacts across food commodities within these countries. Moreover, reductions for specific commodities directly relevant to food energy and protein availability would have a greater direct impact on the poor. Lowering the highest tariffs on those commodities might raise the real incomes of more than 350 million persons by 7.5% or more and could create shifts in consumption towards more diversified and nutritionally sound diets. |
| Databáze: | OpenAIRE |
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