Main content

Trade Liberalization and its Impacts on the Canadian Industrial Dairy Sector

Show full item record

Title: Trade Liberalization and its Impacts on the Canadian Industrial Dairy Sector
Author: On, Jocelin
Department: Department of Food, Agricultural and Resource Economics
Program: Food, Agriculture and Resource Economics
Advisor: Ker, Alan
Abstract: Canada’s participation in the Comprehensive Economic and Trade Agreement (CETA) and the Trans-Pacific Partnership negotiations may weaken the supply management policy with increased tariff rate quotas or decreased over-quota tariffs offered as trade barrier reductions. As such, negotiations could make Canada’s dairy producers more susceptible to the volatility of world prices and, as a result, decrease and destabilize both prices and incomes. I investigate: 1) how CETA will impact the welfare of dairy producers and consumers and 2) how much trade liberalization is required to eliminate quota rents captured by dairy producers. Results indicate all forms of trade liberalization will decrease producer welfare moderately while increase consumer and net welfare. This increase in net welfare may be attributed to two factors: increased foreign competition driving down domestic prices and a weakened supply management policy.
Date: 2015-07
Terms of Use: All items in the Atrium are protected by copyright with all rights reserved unless otherwise indicated.

Files in this item

Files Size Format View
On_Jocelin_201508_Msc.pdf 364.4Kb PDF View/Open

This item appears in the following Collection(s)

Show full item record