Economics of export taxation in a context of food crisis: A theoretical and CGE approach contribution

This paper aims to assess the rationales for the use of export taxes, in particular in the context of a food crisis. First, we summarize the effects of export taxes using both partial and general equilibrium theoretical models. When large countries have an objective of constant food domestic prices,...

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Main Authors: Bouët, Antoine, Laborde Debucquet, David
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 2010
Subjects:
Online Access:https://hdl.handle.net/10568/154302
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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 paper aims to assess the rationales for the use of export taxes, in particular in the context of a food crisis. First, we summarize the effects of export taxes using both partial and general equilibrium theoretical models. When large countries have an objective of constant food domestic prices, in the event of an increase in world agricultural prices the optimal response is to decrease import tariffs in net food-importing countries and to increase export tariffs in net food-exporting countries. The latter decision is welfare improving while the former is welfare reducing: it is the price to pay to get domestic food prices constant. Small countries are harmed by both decisions. Second, we illustrate the costs of a lack of cooperation in and regulation of (binding process) such policies in a time of crisis using a global computable general equilibrium (CGE) model illustration, mimicking the mechanisms that have appeared during the recent food price surge. We conclude with a call for international regulation, in particular because small net food-importing countries may be substantially harmed by these beggar-thy-neighbor policies that amplify the already negative impact of the food crisis.
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spelling CGSpace1543022025-11-06T05:37:50Z Economics of export taxation in a context of food crisis: A theoretical and CGE approach contribution Bouët, Antoine Laborde Debucquet, David computable general equilibrium models exports tariffs This paper aims to assess the rationales for the use of export taxes, in particular in the context of a food crisis. First, we summarize the effects of export taxes using both partial and general equilibrium theoretical models. When large countries have an objective of constant food domestic prices, in the event of an increase in world agricultural prices the optimal response is to decrease import tariffs in net food-importing countries and to increase export tariffs in net food-exporting countries. The latter decision is welfare improving while the former is welfare reducing: it is the price to pay to get domestic food prices constant. Small countries are harmed by both decisions. Second, we illustrate the costs of a lack of cooperation in and regulation of (binding process) such policies in a time of crisis using a global computable general equilibrium (CGE) model illustration, mimicking the mechanisms that have appeared during the recent food price surge. We conclude with a call for international regulation, in particular because small net food-importing countries may be substantially harmed by these beggar-thy-neighbor policies that amplify the already negative impact of the food crisis. 2010 2024-10-01T14:00:43Z 2024-10-01T14:00:43Z Working Paper https://hdl.handle.net/10568/154302 en Open Access application/pdf International Food Policy Research Institute Bouët, Antoine; Laborde Debucquet, David. 2010. Economics of export taxation in a context of food crisis: A theoretical and CGE approach contribution. IFPRI Discussion Paper 994. https://hdl.handle.net/10568/154302
spellingShingle computable general equilibrium models
exports
tariffs
Bouët, Antoine
Laborde Debucquet, David
Economics of export taxation in a context of food crisis: A theoretical and CGE approach contribution
title Economics of export taxation in a context of food crisis: A theoretical and CGE approach contribution
title_full Economics of export taxation in a context of food crisis: A theoretical and CGE approach contribution
title_fullStr Economics of export taxation in a context of food crisis: A theoretical and CGE approach contribution
title_full_unstemmed Economics of export taxation in a context of food crisis: A theoretical and CGE approach contribution
title_short Economics of export taxation in a context of food crisis: A theoretical and CGE approach contribution
title_sort economics of export taxation in a context of food crisis a theoretical and cge approach contribution
topic computable general equilibrium models
exports
tariffs
url https://hdl.handle.net/10568/154302
work_keys_str_mv AT bouetantoine economicsofexporttaxationinacontextoffoodcrisisatheoreticalandcgeapproachcontribution
AT labordedebucquetdavid economicsofexporttaxationinacontextoffoodcrisisatheoreticalandcgeapproachcontribution