How Long to Read Food Prices and the Multiplier Effect of Trade Policy

How Long Does it Take to Read Food Prices and the Multiplier Effect of Trade Policy?

It takes the average reader and 49 minutes to read Food Prices and the Multiplier Effect of Trade Policy by Paolo Giordani

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper studies the relationship between trade policy and food prices. We show that, when individuals are loss averse, governments may use trade policy to shield the domestic economy from large food price shocks. This creates a complementarity between the price of food in international markets and trade policy. Specifically, unilateral actions give rise to a "multiplier effect": when a shock drives up the price of food, exporters respond by imposing restrictions while importers wind down protection, thus exacerbating the initial shock and soliciting further trade policy activism. We test the key prediction of the theory with a new dataset that comprises monthly information on trade measures across 77 countries and 33 food products for the period 2008-11, finding evidence of a multiplier effect in food trade policy. These findings contribute to inform the broader debate on the proper regulation of food trade policy within the multilateral trading system.

How long is Food Prices and the Multiplier Effect of Trade Policy?

Food Prices and the Multiplier Effect of Trade Policy by Paolo Giordani is 48 pages long, and a total of 12,384 words.

This makes it 16% the length of the average book. It also has 15% more words than the average book.

How Long Does it Take to Read Food Prices and the Multiplier Effect of Trade Policy Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 7 minutes to read Food Prices and the Multiplier Effect of Trade Policy aloud.

What Reading Level is Food Prices and the Multiplier Effect of Trade Policy?

Food Prices and the Multiplier Effect of Trade Policy is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Food Prices and the Multiplier Effect of Trade Policy?

Food Prices and the Multiplier Effect of Trade Policy by Paolo Giordani is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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