Effects of import duty elimination on the EU Fertilizer Market
This report studies the current condition of competition in the European Union’s fertilizer market, and its impact on fertilizers prices. A review of literature shows that prices of fertilizers in Western European countries increased by 123% between 1970 and 2002, while prices in other countries lik...
| Main Authors: | , |
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| Format: | Informe técnico |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2016
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/147530 |
| _version_ | 1855536041653436416 |
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| author | Bouët, Antoine Laborde Debucquet, David |
| author_browse | Bouët, Antoine Laborde Debucquet, David |
| author_facet | Bouët, Antoine Laborde Debucquet, David |
| author_sort | Bouët, Antoine |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This report studies the current condition of competition in the European Union’s fertilizer market, and its impact on fertilizers prices. A review of literature shows that prices of fertilizers in Western European countries increased by 123% between 1970 and 2002, while prices in other countries like Brazil decreased by 65%; it also shows that increased concentration is correlated with higher prices or, alternatively, more competition is associated with lower prices. Economic theory suggests that an elimination of European customs and anti-dumping (“import duties”) on fertilizers will lead to a loss for European fertilizer producers, a gain for European farmers, a loss of public revenues, and a decrease of the degree of concentration in the sector. Based on a partial equilibrium model calibrated on recent data characterizing the world and EU fertilizer markets, this report evaluates the potential impact of an elimination of import duties on the conditions of competition in the EU market, including the impact on concentration and fertilizer prices, and an estimation of the overall net welfare effect associated with an elimination of import duties; this includes an assessment of the consumer surplus for EU agricultural producers and a potential for the additional job creation in EU agriculture. |
| format | Informe técnico |
| id | CGSpace147530 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1475302025-11-06T07:19:42Z Effects of import duty elimination on the EU Fertilizer Market Bouët, Antoine Laborde Debucquet, David fertilizers farm inputs economic policies markets prices This report studies the current condition of competition in the European Union’s fertilizer market, and its impact on fertilizers prices. A review of literature shows that prices of fertilizers in Western European countries increased by 123% between 1970 and 2002, while prices in other countries like Brazil decreased by 65%; it also shows that increased concentration is correlated with higher prices or, alternatively, more competition is associated with lower prices. Economic theory suggests that an elimination of European customs and anti-dumping (“import duties”) on fertilizers will lead to a loss for European fertilizer producers, a gain for European farmers, a loss of public revenues, and a decrease of the degree of concentration in the sector. Based on a partial equilibrium model calibrated on recent data characterizing the world and EU fertilizer markets, this report evaluates the potential impact of an elimination of import duties on the conditions of competition in the EU market, including the impact on concentration and fertilizer prices, and an estimation of the overall net welfare effect associated with an elimination of import duties; this includes an assessment of the consumer surplus for EU agricultural producers and a potential for the additional job creation in EU agriculture. 2016-03-04 2024-06-21T09:22:59Z 2024-06-21T09:22:59Z Report https://hdl.handle.net/10568/147530 en Open Access application/pdf International Food Policy Research Institute Bouët, Antoine and Laborde Debucquet, David. 2016. Effects of import duty elimination on the EU Fertilizer Market. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/147530 |
| spellingShingle | fertilizers farm inputs economic policies markets prices Bouët, Antoine Laborde Debucquet, David Effects of import duty elimination on the EU Fertilizer Market |
| title | Effects of import duty elimination on the EU Fertilizer Market |
| title_full | Effects of import duty elimination on the EU Fertilizer Market |
| title_fullStr | Effects of import duty elimination on the EU Fertilizer Market |
| title_full_unstemmed | Effects of import duty elimination on the EU Fertilizer Market |
| title_short | Effects of import duty elimination on the EU Fertilizer Market |
| title_sort | effects of import duty elimination on the eu fertilizer market |
| topic | fertilizers farm inputs economic policies markets prices |
| url | https://hdl.handle.net/10568/147530 |
| work_keys_str_mv | AT bouetantoine effectsofimportdutyeliminationontheeufertilizermarket AT labordedebucquetdavid effectsofimportdutyeliminationontheeufertilizermarket |