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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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Washington, D.C
The World Bank
2006
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| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| 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: | 1 Online-Ressource (50 Seiten)) |
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| 520 | 3 | |a 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 | |
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| 650 | 4 | |a Financial Literacy | |
| 650 | 4 | |a Food Buyers | |
| 650 | 4 | |a Food Crops | |
| 650 | 4 | |a Food Prices | |
| 650 | 4 | |a Household Welfare | |
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| spelling | Isik-Dikmelik, Aylin Verfasser aut Trade Reforms And Welfare An Ex-Post Decomposition of Income In Vietnam Isik-Dikmelik, Aylin Washington, D.C The World Bank 2006 1 Online-Ressource (50 Seiten)) txt rdacontent c rdamedia cr rdacarrier 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 Online-Ausg 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 Isik-Dikmelik, Aylin Sonstige oth Isik-Dikmelik, Aylin Trade Reforms And Welfare http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4049 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Isik-Dikmelik, Aylin Trade Reforms And Welfare An Ex-Post Decomposition of Income In Vietnam 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 |
| title | Trade Reforms And Welfare An Ex-Post Decomposition of Income In Vietnam |
| title_auth | Trade Reforms And Welfare An Ex-Post Decomposition of Income In Vietnam |
| title_exact_search | Trade Reforms And Welfare An Ex-Post Decomposition of Income In Vietnam |
| title_exact_search_txtP | Trade Reforms And Welfare An Ex-Post Decomposition of Income In Vietnam |
| title_full | Trade Reforms And Welfare An Ex-Post Decomposition of Income In Vietnam Isik-Dikmelik, Aylin |
| title_fullStr | Trade Reforms And Welfare An Ex-Post Decomposition of Income In Vietnam Isik-Dikmelik, Aylin |
| title_full_unstemmed | Trade Reforms And Welfare An Ex-Post Decomposition of Income In Vietnam Isik-Dikmelik, Aylin |
| title_short | Trade Reforms And Welfare |
| title_sort | trade reforms and welfare an ex post decomposition of income in vietnam |
| title_sub | An Ex-Post Decomposition of Income In Vietnam |
| topic | 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 |
| topic_facet | 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 |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4049 |
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