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http://krishi.icar.gov.in/jspui/handle/123456789/28271
Title: | World Trading Signals for Indian Agriculture during WTO Regime: Multi-Stakeholders Decision Making |
Other Titles: | Not Available |
Authors: | Madiga Bala Dastagiri Anjani Sneha Vajrala |
ICAR Data Use Licennce: | http://krishi.icar.gov.in/PDF/ICAR_Data_Use_Licence.pdf |
Author's Affiliated institute: | ICAR::National Academy of Agricultural Research and Management ICAR::National Academy of Agricultural Research and Management |
Published/ Complete Date: | 2018-08-23 |
Project Code: | Not Available |
Keywords: | Trading Signals, Agriculture, WTO, Stakeholders, Decision Making, World |
Publisher: | Scientific Research Publishing |
Citation: | Not Available |
Series/Report no.: | Not Available; |
Abstract/Description: | Globally, any country in the world either exporting or importing country need to look at international market signals. Agriculture is one of the most contorted sectors in international trade. The study is basically based on estimation and identification of various international trading signals to advocate their usefulness in decision making to multi-stake holders. Study period is 1990-91 to 2015-16 and the study employed is the Foreign Trade Philosophy to analyze the international market signals, trends, growth rates, elasticity’s, instability index, AOI, meta-analysis and the vision. It was observed that the export and import price elasticity’s for all the crops shown are positive except the wheat export price elasticity (−0.3%) and import price elasticity of soybean (−0.45%). Among cereals, pulses, oilseeds and fiber crops, rice (1.24%), peas (2.36%), mustard (0.97%) and cotton (0.75%) have high export elasticity’s respectively. These trade price elasticity’s are the important signals for the policy makers to layout the future trade. Study observed that the domestic support offered in the agricultural sector in Russia, India, China and New Zealand is more compared to other WTO member countries. Technical Barriers to Trade, Sanitary and Phytosanitary and Anti-dumping were found to be the most prominent in world and the highest imposed in Asia, Europe and North America. Study concluded, India has a comparative advantage in pulses, oilseeds and wheat and terms of trade of India’s cereals (except rice, maize), pulses (except pigeon pea, peas), cotton and jute which were found to be increased. The poor treatment towards the agriculture sector by the governments and World Bank Funding was observed. India’s import basket majorly consists of oilseeds and rice is the major exported product. Present study adds to the research directed at the impacts of domestic support and measures policies for WTO negotiations. |
Description: | Not Available |
ISSN: | 2158-2742 |
Type(s) of content: | Journal |
Sponsors: | Not Available |
Language: | English |
Name of Journal: | American Journal of Plant Sciences |
NAAS Rating: | Not Available |
Volume No.: | Not Available |
Page Number: | 1868-1893 |
Name of the Division/Regional Station: | Not Available |
Source, DOI or any other URL: | https://www.scirp.org/(S(351jmbntvnsjt1aadkposzje))/journal/PaperInformation.aspx?PaperID=86828 |
URI: | http://krishi.icar.gov.in/jspui/handle/123456789/28271 |
Appears in Collections: | AEdu-NAARM-Publication |
Files in This Item:
File | Description | Size | Format | |
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AJPS_2018.pdf | 539.29 kB | Adobe PDF | View/Open |
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