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Multilateral Trade Liberalization And Mexican Households
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Book Synopsis Multilateral Trade Liberalization and Mexican Households by : Alessandro Nicita
Download or read book Multilateral Trade Liberalization and Mexican Households written by Alessandro Nicita and published by World Bank Publications. This book was released on 2005 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Empirical evidence suggests that global trade reforms are unlikely to produce analogous results across countries, especially when analyzing their effect on poverty. This implies that the analysis of trade reform on social welfare cannot be generalized and needs to be conducted on a country by country basis. Moreover, even within the same country, geographic areas, households, and individuals are likely to be differentially affected, some of them benefiting more than others, while others might lose. With this in mind, the author provides a quantitative estimate of the effect on Mexican households from the implementation of the Doha development agenda. His analysis uses a two-step approach for which changes in prices and factors are estimated through a CGE model (GTAP) and then mapped into the welfare function of the household using household survey data. The empirical approach the author uses aims to measure the impact of Doha implementation by tracing changes in the household prices of goods and factors and their impact on household welfare, taking particular account the role of domestic price transmission. The findings suggest that multilateral trade liberalization alone would have a negative effect on Mexican households, even though very small. However, when the implementation of the Doha development agenda is complemented by domestic policies aimed at increasing productivity and improving domestic price transmission, the overall effects become positive. The results point to the importance of domestic price transmission in determining the variance of the effects across households"--Cover verso.
Book Synopsis Multilateral Trade Liberalization and Mexican Households by : Alessandro Nicita
Download or read book Multilateral Trade Liberalization and Mexican Households written by Alessandro Nicita and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical evidence suggests that global trade reforms are unlikely to produce analogous results across countries, especially when analyzing their effect on poverty. This implies that the analysis of trade reform on social welfare cannot be generalized and needs to be conducted on a country by country basis. Moreover, even within the same country, geographic areas, households, and individuals are likely to be differentially affected, some of them benefiting more than others, while others might lose. With this in mind, this paper provides a quantitative estimate of the effect on Mexican households from the implementation of the Doha development agenda. The analysis utilizes a twostep approach for which changes in prices and factors are estimated through a CGE model (GTAP) and then mapped into the welfare function of the household using household survey data. The empirical approach used in this study aims to measure the impact of Doha implementation by tracing changes in the household prices of goods and factors and their impact on household welfare, taking particular account the role of domestic price transmission. The findings suggest that multilateral trade liberalization alone would have a negative effect on Mexican households, even though very small. However, when the implementation of the Doha development agenda is complemented by domestic policies aimed to increase productivity and improve domestic price transmission, the overall effects become positive. The results point to the importance of domestic price transmission in determining the variance of the effects across households.
Book Synopsis Who Benefited from Trade Liberalization in Mexico? by : Alessandro Nicita
Download or read book Who Benefited from Trade Liberalization in Mexico? written by Alessandro Nicita and published by World Bank Publications. This book was released on 2004 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Impacts of Agricultural Trade Liberalisation on Households: The Case of Mexico by : Aida Araceli Mellardo Gonzalez
Download or read book Impacts of Agricultural Trade Liberalisation on Households: The Case of Mexico written by Aida Araceli Mellardo Gonzalez and published by Cuvillier Verlag. This book was released on 2009-10-26 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis of expenditures for different household categories within a CGE framework is a helpful instrument for economists and policy makers. This approach allows researchers to focus on the possible effects that macroeconomic changes and trade reforms might have on household categories, especially in developing countries. This dissertation presents a new household expenditure estimation methodology and an application of it. The estimation is based on a complete household demand system, which is integrated into a household module. The complete demand system regarded in this approach is the one proposed by DEATON and MUELLBAUER (1980) the Almost Ideal Demand System in its linear version (LA/AIDS). The LA/AIDS contains a set of demand functions defining how households in function of prices and household preferences allocate commodities. The household module computes expenditure changes based on changes on prices from the GTAP model and on elasticities coming from the LA/AIDS for Mexican households. The evaluation of household preferences shows that for non-poor households in Mexico, the decisions of purchase between food products and non-food products and services are independently made. Meanwhile, poor households try to first cover their food needs, and as a result of this, are delaying the acquisition of other goods and services. This investigation then evaluates the effects of three different trade reforms on households’ expenditures in Mexico. The results show that Mexico’s efforts to reach a bilateral trade agreement with main trading partners pay off for households as prices of consumed commodities decrease driven by lower values of import commodities. Thus, the first scenario simulating 3 different Free Trade Agreements was identified as the most profitable trade setting for the poorest Mexican households because the price of staple foods decreases considerably. A restricted multilateral agreement considering a partial liberalisation (the second scenario simulating a possible outcome of the Doha Round), was found to be the most prudent and advantageous trade setting for the Mexican households as benefits will be distributed equally across more household categories. The third scenario evaluates a full trade liberalisation, and it was found to improve the performance of export sectors worldwide. The high prices brought about in Mexico might been compensated with gains for farm households, while urban households might lose. However, the inclusion of the income side is required to make conclusive statements on the real effects of a fully liberalised economy in Mexico.
Book Synopsis Who Benefited from Trade Liberalization in Mexico? Measuring the Effects on Household Welfare by : Alessandro Nicita
Download or read book Who Benefited from Trade Liberalization in Mexico? Measuring the Effects on Household Welfare written by Alessandro Nicita and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study performs an ex-post analysis of the effects of the trade liberalization in Mexico between 1989 and 2000, taking into account regional differences in the Mexican economy. The effects of trade liberalization are first translated into changes in regional prices and wages. Those estimates are plugged into a farm-household model to estimate the effect on households' welfare. The findings suggest that trade liberalization has affected domestic prices and labor income differently both across income groups and geographically across the country, hence producing diverse outcomes on different households. Regarding prices, the results indicate that trade liberalization has lowered relative prices of most non-animal agricultural products and, while reducing the cost of consumption, has reduced households' agricultural income, widening the income gap between urban and rural areas. The findings also show that trade liberalization has had diverse effects on wage rates. Skilled workers, for which trade liberalization has produced an increase in wages, have benefited relative to unskilled workers. Wages of unskilled workers have in many regions decreased as a result of trade liberalization. Similar differences are found in the geographic distribution of the benefits of trade liberalization, with the states closest to the U. S. border gaining threefold more relative to the least developed states in the south. Therefore trade liberalization, although beneficial, has contributed to an increase in inequality between the south and the north of the country, urban and rural areas, and skilled and unskilled labor. From a poverty perspective, the trade liberalization that occurred between 1989 and 2000 has had the direct effect of reducing poverty by about 3 percent, therefore lifting approximately 3 million individuals out of poverty.
Book Synopsis Poverty and the WTO by : Thomas W. Hertel
Download or read book Poverty and the WTO written by Thomas W. Hertel and published by World Bank Publications. This book was released on 2005-12-15 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poverty reduction is deemed to be a centerpiece of the Doha Development Agenda currently being negotiated under the auspices of the WTO. Yet there is considerable debate about the poverty impacts of such an agreement. Some are convinced it will increase poverty, while others are equally convinced that it will lead to poverty reduction. This book brings the best scientific methods to bear on this question, taking into account the specific characteristics embodied in the Doha Development Agenda.
Book Synopsis Estimating the Povery Impacts of Trade Liberalization by : Jeffrey J. Reimer
Download or read book Estimating the Povery Impacts of Trade Liberalization written by Jeffrey J. Reimer and published by World Bank Publications. This book was released on 2002 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Poverty Impacts of a Wto Agreement: Synthesis and Overview by :
Download or read book Poverty Impacts of a Wto Agreement: Synthesis and Overview written by and published by World Bank Publications. This book was released on with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade, Globalization and Sustainability Impact Assessment by : Paul Ekins
Download or read book Trade, Globalization and Sustainability Impact Assessment written by Paul Ekins and published by Earthscan. This book was released on 2012 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade liberalization, as promoted by the World Trade Organization (WTO) has become one of the dominant drivers and most controversial aspects of globalization. Trade sustainability impact assessments (SIAs) were introduced as a means of generating better understanding of the social and environmental impacts of trade liberalization and of making those impacts more consistent with sustainable development.
Book Synopsis The Impact of MacroEconomic Policies on Poverty and Income Distribution by : Luiz A. Pereira da Silva
Download or read book The Impact of MacroEconomic Policies on Poverty and Income Distribution written by Luiz A. Pereira da Silva and published by World Bank Publications. This book was released on 2008-06-19 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: A companion to the bestseller, The Impact of Economic Policies on Poverty and Income Distribution, this title deals with theoretical challenges and cutting-edge macro-micro linkage models. The authors compare the predictive and analytical power of various macro-micro linkage techniques using the traditional RHG approach as a benchmark to evaluate standard policies, such as a typical stabilization package and a typical structural reform policy.
Book Synopsis Palgrave Dictionary of Emerging Markets and Transition Economics by : Jens Hölscher
Download or read book Palgrave Dictionary of Emerging Markets and Transition Economics written by Jens Hölscher and published by Springer. This book was released on 2015-10-21 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The period of transition from socialism to capitalism in parts of Europe and Asia over the past 25 years has attracted considerable interest in academia and beyond. From the Editors of Palgrave's iconic series 'Studies in Economic Transition' comes the Palgrave Dictionary of Emerging Markets and Transition Economics. This dictionary addresses the needs of students, lecturers and the interested general public to quickly find definitions and explanations of topics, institutions, personalities and processes in this historical phase of changing societies, which as such is not concluded. Today newly emerging market economies try to learn from the experiences of transition economies. Those who love The New Palgrave Dictionary of Economics will enjoy the format of this Dictionary, which uses an encyclopaedia-based approach, where articles not only define the terms but provide an overview of the evolution of the term or theory and also touch on the current debates.
Author :Jann Lay Publisher :Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften ISBN 13 : Total Pages :160 pages Book Rating :4.:/5 (31 download)
Book Synopsis Poverty and Distributional Impact of Economic Policies and External Shocks by : Jann Lay
Download or read book Poverty and Distributional Impact of Economic Policies and External Shocks written by Jann Lay and published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften. This book was released on 2007 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists have had much to say about the impact of economic policies on growth, but little on their distributional consequences and poverty impact. The reorientation of development policy from structural adjustment to poverty reduction as the central objective thus called for new tools to examine distributional change. This book analyzes the poverty and distributional impact of policy changes and external shocks in three case studies from Latin America: Trade liberalization in Colombia and Brazil, and the gas boom in Bolivia. It uses an innovative approach that combines computable general equilibrium and microsimulation models. The country applications illustrate that distributional consequences depend very much on the nature of the shock or policy change as well as the characteristics of the country in question. The book issues a warning against policy prescriptions being based on oversimplifying assumptions and models.
Book Synopsis Pro-poor Growth and Liberalization in Developing Economies by : Sanjaya Acharya
Download or read book Pro-poor Growth and Liberalization in Developing Economies written by Sanjaya Acharya and published by Routledge. This book was released on 2013-03-01 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: By looking at the link between trade liberalization and pro-poor growth in Nepal, this book explores how a developing and transition economy can attain higher and pro-poor growth along with the ongoing trend of globalization. The author develops a social accounting database for Nepal and applies it to quantify computable general equilibrium (CGE) model to investigate the trade-offs between growth and distribution that are associated with opening up the economy and deregulating it. The book presents a number of pragmatic scenarios that bring about the desired pro-poor growth effects in order to demonstrate possible outcomes for policy making. The research findings apply to other economies with similar macroeconomic structure to Nepal; those small economies with a dominant, traditional, and stagnant agriculture; fragile industrial base, weak and volatile external sector, and almost half of the population living below the poverty line. This book will be of considerable interest to students and scholars in the areas of development economics, political economy of policy reforms, and trade and poverty with special emphasis on South Asia.
Book Synopsis Poverty Impacts of a WTO Agreement by : Thomas Warren Hertel
Download or read book Poverty Impacts of a WTO Agreement written by Thomas Warren Hertel and published by . This book was released on 2005 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reports on the findings from a major international research project investigating the poverty impacts of a potential Doha Development Agenda (DDA). It combines in a novel way the results from several strands of research. Intensive analysis of the DDA Framework Agreement pays particularly close attention to potential reforms in agriculture. The scenarios are built up using newly available tariff line data and their implications for world markets are established using a global modeling framework. These world trade impacts, in turn, form the basis for 12 country case studies of the national poverty impacts of these DDA scenarios. The focus countries include Bangladesh, Brazil (two studies), Cameroon, China (two studies), Indonesia, Mexico, Mozambique, the Philippines, Russia, and Zambia. The diversity of approaches taken in these studies allows the paper to reflect local conditions and priorities and illustrates many important facets of the trade and poverty link. It does, however, limit the ability to draw broader conclusions. Thus an additional study provides a 15-country cross-section analysis, and a global analysis provides estimates for the world as a whole.
Book Synopsis Equity, Welfare, and the Setting of Trade Policy in General Equilibrium by : Joseph F. Francois
Download or read book Equity, Welfare, and the Setting of Trade Policy in General Equilibrium written by Joseph F. Francois and published by . This book was released on 2005 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components and emphasizing Gini and Atkinson indexes. They embed these inequality-adjusted social welfare functions in a general equilibrium structure mapping from tariff protection to household inequality. This yields predictions regarding the linkages between trade protection, country characteristics, and inequality within a broad general equilibrium framework. In addition, the authors can separate the efficiency and equity effects of tariffs on welfare. They then examine endogenous tariff formation when policymakers care about both equity and special interests.
Book Synopsis Economic Growth and Distribution by : Neri Salvadori
Download or read book Economic Growth and Distribution written by Neri Salvadori and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the original contributions by a number of scholars of different persuasions; some within the mainstream and others from Keynesian-Kaleckian-Sraffian positions. The book deals with a wide variety of research topics concerning economic growth and distribution, such as the transition from the epoch of Malthusian stagnation to the contemporary era of modern economic growth; comparisons among the classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; the role on institutions.
Book Synopsis Encyclopedia of Modern Mexico by : David W. Dent
Download or read book Encyclopedia of Modern Mexico written by David W. Dent and published by Scarecrow Press. This book was released on 2002 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Acteal Massacre to Ernesto Zedillo Ponce de León, this exciting reference, created for a high school audience, explores the rich culture, the depth of achievement, and the creative energy of Mexico and its people.
