Trade Reforms And Welfare An Ex-Post Decomposition of Income In Vietnam
Trade Reforms And Welfare: An Ex-Post Decomposition of Income In Vietnam

This paper analyzes the impact of trade reforms on household welfare. In particular, it studies the importance of each of the links that together constitute the impact using data from the Vietnamese experience in the 1990s. The implementation of trade reforms in the 1990s, most noteworthy of which w...

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Bibliographische Detailangaben
1. Verfasser: Isik-Dikmelik, Aylin (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C The World Bank 2006
Schlagworte:
Agricultural Production
Counterfactual
Economic Theory and Research
Emerging Markets
Farmers
Finance and Financial Sector Development
Financial Literacy
Food Buyers
Food Crops
Food Prices
Household Welfare
Income
Income Distribution
Income Growth
Income On Food
Inequality
Labor Policies
Land
Macroeconomics and Economic Growth
Poverty Diagnostics
Poverty Reduction
Private Sector Development
Rural Development
Rural Poverty Reduction
Small Area Estimation Poverty Mapping
Social Protections and Labor
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DE-M352
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Zusammenfassung:This paper analyzes the impact of trade reforms on household welfare. In particular, it studies the importance of each of the links that together constitute the impact using data from the Vietnamese experience in the 1990s. The implementation of trade reforms in the 1990s, most noteworthy of which was the liberalization of rice, resulted in substantial improvement in welfare as evidenced by the drastic decline in poverty. Using analytical and empirical methods, the author examines the role of each channel (direct versus indirect) in this improvement for different groups of households. Results indicate that the growth has been broad based and pro-poor. Poorer households experienced more growth for each and every group analyzed. And contrary to the standard literature, net buyer households had more growth compared with net sellers, emphasizing the importance of indirect links. Decomposition of the growth shows that for rural households, both the direct effect and the multiplier effect drive growth while the multiplier effect was key in urban areas. The importance of the secondary effects underscores the need for a broader model to estimate the impact of trade reforms fully
Beschreibung:Weitere Ausgabe: Isik-Dikmelik, Aylin: Trade Reforms And Welfare
Beschreibung:1 Online-Ressource (1 online resource (50 p.))
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