Skip Navigation

This Article
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrow Search for citing articles in:
ISI Web of Science (4)
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Storm, S.
Right arrow Search for Related Content
Related Collections
Right arrow C68 - Computable General Equilibrium Models
Right arrow O11 - Macroeconomic Analyses of Economic Development
Right arrow O19 - International Linkages to Development; [...]
Right arrow O53 - Asia including Middle East
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

Cambridge Journal of Economics 25:185-207 (2001)
Copyright © 2001 Cambridge Political Economy Society

Article

The desirable form of openness for Indian agriculture

S Storm

Department of Economics, Room H 8-12, Erasmus University Rotterdam, PO Box 1738, 3000 DR Rotterdam, The Netherlands
Email: Storm@few.eur.nl

Abstract

How open should a developing country's agriculture be to the world economy? What are the medium-term effects for growth and income distribution of 'close' integration with world agricultural markets through trade liberalisation and domestic reform? And what are the implications of the 'strategic' integration of agriculture with world markets? Using a dynamic computable general equilibrium model, these questions are addressed for the Indian economy. The simulation results show that the costs of 'close' integration are large and unevenly distributed, irrespective of whether the agricultural reform is immediate or gradual. One form of 'strategic' integration is operationalised that yields more desirable outcomes in terms of growth and income distribution. The paper also compares the effectiveness of the two policy regimes in coping with an adverse supply shock.

Key Words: trade policy • agricultural development • openness and growth


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer:
Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.