Figure 1: Tariff rates for stabilizing domestic prices of raw sugar based on trend values of world prices as reference prices (respectively, right Y-axis and left Y-axis)
Price $/tonne
Figure 2: Tariff rates for stabilizing domestic prices of raw sugar based on 1990-2000 average world price as reference price (respectively, right Y-axis and left Y-axis)
Price $/tonne
Reference, 1990-2000 mean = $226/tonne
Figure 3: Tariff rates for stabilizing domestic prices of raw sugar based on Moving Average of past 36 months of world prices as reference prices (respectively, right Y-axis and left Y-axis)
Price $/tonne
Figure 4: Comparison of “appropriate” tariff rates for full and partial stabilization
Table 1: Appropriate tariff rates required for complete price stabilization (in percent)
1 Reference (domestic) prices:
Trend values - trend prices (linear trend fitted with 1990-2000 monthly world price data).
1990-00 and 1990-94 averages - single reference prices (simple averages for these periods).
MA-36 and MA-24 - 36-months and 24-months moving averages of world prices.
Source: Author's computations.
FAO COMMODITY AND TRADE POLICY RESEARCH WORKING PAPERS
2004 |
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7 | Price Transmission in Selected Agricultural Markets | Piero Conforti |
6 | The marketing potential of date palm fruits in the European market | Pascal Liu |
5 | World markets for organic citrus and citrus juices: Current market situation and medium-term prospects | Pascal Liu |
4 | Agricultural Policy Indicators (also issued as ESA Working Paper No. 2004/4) |
Timothy Josling and Alberto Valdés |
2003 |
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3 |
Quantifying appropriate levels of the WTO bound tariffs on basic food products in the context of the Development Box proposals | Ramesh Sharma |
2 | The WTO and environmental and social standards, certification and labelling in agriculture. | Cora Dankers |
1 | The Brazilian ethanol programme: impacts on world ethanol and sugar markets | Tatsuji Koizumi |