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September 17, 2007
Relative rates of protection
Relative rate of assistance to agriculture, excluding decoupled payments, 1956 to 2004 (percent)
"The Relative Rate of Assistance is calculated as RRA = 100[(100+NRAag)/(100+NRAnonag) - 1], where NRAagt and NRAnonagt are the average percentage Nominal Rates of Assistance for the tradable parts of the agricultural and non-agricultural sectors, respectively."
From: Kym Anderson and Tim Josling.
Australia and New Zealand have low relative rates of agricultural to non-agricultural protection because both had protection in manufacturing exceeding that in agriculture before they "unilaterally moved to virtually free markets in farm and non-farm goods." European, Japanese and Korean protection is heavily concentrated in the agricultural sector. And America? It appears to protect its agricultural and non-agricultural sectors evenhandedly.
The shortcoming of the graph is that it depicts only relative protection. Visualizing both absolute and relative protection in the same figure would be very informative, though a bit difficult to construct.
Posted by Dingel at September 17, 2007 10:05 AM
Comments
Is it just my browser or are you graphs coming up a bit too small and, consequently, illegible.
Posted by: Mike at September 17, 2007 04:41 PM
They look okay on my browser. Click the link and scroll down a bit to see the original graph at full size.
Posted by: Jonathan at September 17, 2007 04:48 PM
I thought it might be my resolution (1920x1200) or browser settings (I still use IE), but changing those did not alleviate the problem. This has happened with previous posts. The picture above is coming out as 450x281 while the original is 768x480.
Are you resizing them?
Posted by: Mike at September 17, 2007 05:42 PM
Yea, I resize to fit the frame width. I've boosted it to 600 now.
Posted by: Jonathan at September 17, 2007 06:01 PM