Rice imports, prices, and challenges for trade policy

The objective of this chapter is to analyze Nigeria's recent rice import policies in terms of their effectiveness and tradeoffs with regard to affecting the volume of imports, domestic prices, and tariff revenues in the country. More specifically, we present an analysis of Nigeria's international ri...

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Bibliographic Details
Main Authors: Dorosh, Paul A., Malek, Mehrab
Format: Book Chapter
Language:Inglés
Published: University of Pennsylvania Press 2016
Subjects:
Online Access:https://hdl.handle.net/10568/148226
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author Dorosh, Paul A.
Malek, Mehrab
author_browse Dorosh, Paul A.
Malek, Mehrab
author_facet Dorosh, Paul A.
Malek, Mehrab
author_sort Dorosh, Paul A.
collection Repository of Agricultural Research Outputs (CGSpace)
description The objective of this chapter is to analyze Nigeria's recent rice import policies in terms of their effectiveness and tradeoffs with regard to affecting the volume of imports, domestic prices, and tariff revenues in the country. More specifically, we present an analysis of Nigeria's international rice trade, covering international market price and quantity evidence, Nigeria's trade (and exchange-rate) policy, and the effectiveness of tariffs in influencing rice imports and domestic prices of imported and local rice. We begin by presenting various estimates of the volume of rice imports, including estimates derived from data on rice-exporting countries, which show that official figures for imports have substantially understated actual imports. Next, we discuss the price incentives for imports, as determined by exchange-rate and rice trade policy (import tariffs and periodic import bans). Price distortions created by these policies are summarized in calculations of nominal rates of protection. We also analyze the relationship between the estimated import parity price and domestic prices of imported rice and local rice. The chapter concludes by providing a brief summary of findings.
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spelling CGSpace1482262025-12-08T10:29:22Z Rice imports, prices, and challenges for trade policy Dorosh, Paul A. Malek, Mehrab imports food production agricultural policies rice foreign trade markets trade policies trade food consumption international trade The objective of this chapter is to analyze Nigeria's recent rice import policies in terms of their effectiveness and tradeoffs with regard to affecting the volume of imports, domestic prices, and tariff revenues in the country. More specifically, we present an analysis of Nigeria's international rice trade, covering international market price and quantity evidence, Nigeria's trade (and exchange-rate) policy, and the effectiveness of tariffs in influencing rice imports and domestic prices of imported and local rice. We begin by presenting various estimates of the volume of rice imports, including estimates derived from data on rice-exporting countries, which show that official figures for imports have substantially understated actual imports. Next, we discuss the price incentives for imports, as determined by exchange-rate and rice trade policy (import tariffs and periodic import bans). Price distortions created by these policies are summarized in calculations of nominal rates of protection. We also analyze the relationship between the estimated import parity price and domestic prices of imported rice and local rice. The chapter concludes by providing a brief summary of findings. 2016-07-22 2024-06-21T09:24:06Z 2024-06-21T09:24:06Z Book Chapter https://hdl.handle.net/10568/148226 en Open Access application/pdf University of Pennsylvania Press Dorosh, Paul A.; and Malek, Mehrab. 2016. Rice imports, prices, and challenges for trade policy. In The Nigerian rice economy: Policy options for transforming production, marketing, and trade. Gyimah-Brempong, Kwabena; Johnson, Michael E.; and Takeshima, Hiroyuki (Eds.) Chapter 7. Pp. 159-180. Washington, DC: International Food Policy Research Institute (IFPRI).
spellingShingle imports
food production
agricultural policies
rice
foreign trade
markets
trade policies
trade
food consumption
international trade
Dorosh, Paul A.
Malek, Mehrab
Rice imports, prices, and challenges for trade policy
title Rice imports, prices, and challenges for trade policy
title_full Rice imports, prices, and challenges for trade policy
title_fullStr Rice imports, prices, and challenges for trade policy
title_full_unstemmed Rice imports, prices, and challenges for trade policy
title_short Rice imports, prices, and challenges for trade policy
title_sort rice imports prices and challenges for trade policy
topic imports
food production
agricultural policies
rice
foreign trade
markets
trade policies
trade
food consumption
international trade
url https://hdl.handle.net/10568/148226
work_keys_str_mv AT doroshpaula riceimportspricesandchallengesfortradepolicy
AT malekmehrab riceimportspricesandchallengesfortradepolicy