publication . Other literature type . Article . 2007

The Doha Talks and the Bargaining Surplus in Agriculture

Furtan, William Hartley; Guzel, A.; Karantininis, Kostas; Furtan, William Hartley; Guzel, A.; Karantininis, Kostas;
English
  • Published: 01 Jan 2007
  • Publisher: Unknown
Abstract
The Doha Round has been slow to achieve a reduction in the level of agricultural protection. This remains the case notwithstanding the substantial economic benefits that would arise from a more liberal agricultural trading regime. We provide one explanation for this slowness using a simple bargaining model. We demonstrate that the bargaining countries received a substantial fiscal gain from reducing government expenditures in the run-up to the Uruguay Round. This fiscal pressure was sufficient to block rent seekers who wanted farm payments to continue. Since the Uruguay Round these fiscal constraints have been reduced and the same pressure to reach a bargain and...
Subjects
free text keywords: Doha Round, rent seeking, bargaining, International Relations/Trade,, International Relations/Trade, Doha Round, rent seeking, bargaining
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publication . Other literature type . Article . 2007

The Doha Talks and the Bargaining Surplus in Agriculture

Furtan, William Hartley; Guzel, A.; Karantininis, Kostas; Furtan, William Hartley; Guzel, A.; Karantininis, Kostas;