Do regional trade pacts benefit the poor?: an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua
"The main objective of this paper is to provide an ex-ante assessment of the poverty and income distribution impacts of the Central American Free Trade Area agreement on Nicaragua. The authors use a general equilibrium macro model to simulate trade reform scenarios and estimate their price effe...
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| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
[2006]
|
| Schriftenreihe: | Policy research working paper
3850 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| Zusammenfassung: | "The main objective of this paper is to provide an ex-ante assessment of the poverty and income distribution impacts of the Central American Free Trade Area agreement on Nicaragua. The authors use a general equilibrium macro model to simulate trade reform scenarios and estimate their price effects, while a micro-module maps these price changes into real income changes at the individual household level. A useful insight from this analysis is that even if the final total impact on poverty is not too large, its dispersion across households-due to their heterogeneity of factor endowments, inputs use, commodity production, and consumption preferences-is significant and should be taken into account when designing compensatory policies. Additionally, growth and redistribution decomposition show that, at least in the short to medium run, redistribution can be as important as growth. The main policy message that emerges from the paper is that Nicaragua should consider enlarging its own liberalization to countries other than the United States to boost trade-induced poverty reductions. "--World Bank web site |
| Beschreibung: | Includes bibliographical references Title from PDF file as viewed on 3/8/2006 |
| Beschreibung: | 1 Online-Ressource |
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| 500 | |a Title from PDF file as viewed on 3/8/2006 | ||
| 520 | 3 | |a "The main objective of this paper is to provide an ex-ante assessment of the poverty and income distribution impacts of the Central American Free Trade Area agreement on Nicaragua. The authors use a general equilibrium macro model to simulate trade reform scenarios and estimate their price effects, while a micro-module maps these price changes into real income changes at the individual household level. A useful insight from this analysis is that even if the final total impact on poverty is not too large, its dispersion across households-due to their heterogeneity of factor endowments, inputs use, commodity production, and consumption preferences-is significant and should be taken into account when designing compensatory policies. Additionally, growth and redistribution decomposition show that, at least in the short to medium run, redistribution can be as important as growth. The main policy message that emerges from the paper is that Nicaragua should consider enlarging its own liberalization to countries other than the United States to boost trade-induced poverty reductions. "--World Bank web site | |
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Datensatz im Suchindex
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:27:47Z |
| indexdate | 2024-07-10T09:54:31Z |
| institution | BVB |
| language | English |
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| spelling | Bussolo, Maurizio 1964- Verfasser aut Do regional trade pacts benefit the poor? an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua Maurizio Bussolo, Yoko Niimi [Washington, D.C] World Bank [2006] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3850 Includes bibliographical references Title from PDF file as viewed on 3/8/2006 "The main objective of this paper is to provide an ex-ante assessment of the poverty and income distribution impacts of the Central American Free Trade Area agreement on Nicaragua. The authors use a general equilibrium macro model to simulate trade reform scenarios and estimate their price effects, while a micro-module maps these price changes into real income changes at the individual household level. A useful insight from this analysis is that even if the final total impact on poverty is not too large, its dispersion across households-due to their heterogeneity of factor endowments, inputs use, commodity production, and consumption preferences-is significant and should be taken into account when designing compensatory policies. Additionally, growth and redistribution decomposition show that, at least in the short to medium run, redistribution can be as important as growth. The main policy message that emerges from the paper is that Nicaragua should consider enlarging its own liberalization to countries other than the United States to boost trade-induced poverty reductions. "--World Bank web site Online-Ausg Also available in print Free trade Central America Income distribution Nicaragua Poverty Nicaragua Niimi, Yoko Sonstige oth World Bank Sonstige oth Bussolo, Maurizio Do regional trade pacts benefit the poor? http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3850 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Bussolo, Maurizio 1964- Do regional trade pacts benefit the poor? an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua Free trade Central America Income distribution Nicaragua Poverty Nicaragua |
| title | Do regional trade pacts benefit the poor? an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua |
| title_auth | Do regional trade pacts benefit the poor? an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua |
| title_exact_search | Do regional trade pacts benefit the poor? an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua |
| title_exact_search_txtP | Do regional trade pacts benefit the poor? an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua |
| title_full | Do regional trade pacts benefit the poor? an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua Maurizio Bussolo, Yoko Niimi |
| title_fullStr | Do regional trade pacts benefit the poor? an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua Maurizio Bussolo, Yoko Niimi |
| title_full_unstemmed | Do regional trade pacts benefit the poor? an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua Maurizio Bussolo, Yoko Niimi |
| title_short | Do regional trade pacts benefit the poor? |
| title_sort | do regional trade pacts benefit the poor an illustration from the dominican republic central american free trade agreement in nicaragua |
| title_sub | an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua |
| topic | Free trade Central America Income distribution Nicaragua Poverty Nicaragua |
| topic_facet | Free trade Central America Income distribution Nicaragua Poverty Nicaragua |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3850 |
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