{"id":1726,"date":"2023-02-13T16:19:19","date_gmt":"2023-02-13T16:19:19","guid":{"rendered":"https:\/\/www.fiw.ac.at\/publications\/bilateral-trade-agreements-and-trade-distortions-in-agriculturalmarkets\/"},"modified":"2023-02-13T16:19:19","modified_gmt":"2023-02-13T16:19:19","slug":"bilateral-trade-agreements-and-trade-distortions-in-agriculturalmarkets","status":"publish","type":"publication","link":"https:\/\/www.fiw.ac.at\/en\/publications\/bilateral-trade-agreements-and-trade-distortions-in-agriculturalmarkets\/","title":{"rendered":"Bilateral Trade Agreements and Trade Distortions in Agricultural\nMarkets"},"content":{"rendered":"\nAgricultural support levels are at a crossroad with reduced distortions in OECD countries and increasing support for agricultural producers in emerging economies over the last decades. This paper studies the determinants of distortions in the agricultural markets by putting a specific focus on the role of trade policy. Applying various different dynamic panel data estimators and explicitly accounting for potential endogeneity of trade policy agreements, we find that an increase in the number of bilateral free trade agreements exhibits significant short- and long-run distortion reducing effects. By contrast, WTO\u2019s Uruguay Agreement on Agriculture has not been able to systematically contribute to a reduction in agriculture trade distortions. From a policy point of view our findings thus point to a lack of effectiveness of multilateral trade negotiations.\n\n","protected":false},"featured_media":0,"menu_order":0,"template":"","jelcode":[39,1019,104,61],"keyword":[1020,1021,348,24],"class_list":["post-1726","publication","type-publication","status-publish","hentry","jelcode-c23","jelcode-c26","jelcode-f13","jelcode-f14","keyword-agricultural-distortions","keyword-bilateral-trade-agreements","keyword-panel-data","keyword-wto"],"acf":{"year":2017,"month":2,"day":"","volume":"","number":"176","pages":26,"reviewed":"0","citeid":"FIW_WP_176","fiwseries":"FIW Working Papers","event":null},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bilateral Trade Agreements and Trade Distortions in Agricultural Markets - FIW<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fiw.ac.at\/en\/publications\/bilateral-trade-agreements-and-trade-distortions-in-agriculturalmarkets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bilateral Trade Agreements and Trade Distortions in Agricultural Markets - FIW\" \/>\n<meta property=\"og:description\" content=\"Agricultural support levels are at a crossroad with reduced distortions in OECD countries and increasing support for agricultural producers in emerging economies over the last decades. 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