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- W1543489063 abstract "Liberalization of Japan's rice and dairy markets along the lines proposed by GATT in December 1991 is politically and financially feasible. Tradable producers' entitlement guarantees (PEGs) are an income support measure which is partly decoupled from price support. The fact that PEGs would still bear some relationship to output would make a gradual liberalization of trade much more acceptable to farmers, who could be fully compensated for the loss in income caused by greater exposure to foreign competition. PEGs would still cause moderate trade distortions, however, which would decrease as tariffs were reduced and eventually disappear with them. PEGs could thus provide a useful platform for persuading the Japanese government to liberalize agriculture." @default.
- W1543489063 created "2016-06-24" @default.
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- W1543489063 date "1992-08-01" @default.
- W1543489063 modified "2023-09-26" @default.
- W1543489063 title "Producers' entitlement guarantees" @default.
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- W1543489063 doi "https://doi.org/10.1016/0306-9192(92)90089-g" @default.
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