Assessing Poverty Impact of Trade Liberalization Policies: A Generic Macroeconomic Computable General Equilibrium Model for South Asia
Khan, Haider A. | January 2005
Abstract
The paper uses a dualistic, compact and “generic” (macroeconomic) computable general equilibrium (CGE) model specially constructed for the purpose of investigating the implications of trade liberalization for poverty reduction in South Asia. The model is a stylized representation of economies with large populations including large numbers of both urban and rural poor as in India, Pakistan or Bangladesh. The current “generic” model uses CES production functions and Harris-Todaro type migration model together with representative data to generate economy wide results. It is found that a dualistic production structure with sufficient details on the labor markets and household side can capture some of the effects of trade liberalization on poverty reduction. The model’s general equilibrium results suggest that trade liberalization can complement other specific policy interventions for poverty reduction.
Citation
Khan, Haider A.. 2005. Assessing Poverty Impact of Trade Liberalization Policies: A Generic Macroeconomic Computable General Equilibrium Model for South Asia. © Asian Development Bank. http://hdl.handle.net/11540/3610. License: CC BY 3.0 IGO.Keywords
Agriculture
Agricultural Trade
Trade
Trade Barriers
Trade Facilitation
Sustainable agriculture
Commercial agriculture
Trade Negotiations
Trade Development
Trade And Development
Regional TradAgreements
Agricultural Trade
Agriculture Trade Liberalization
Agricultural trade
Agricultural investment
Agricultural economy
Agricultural products
Import volume
Export volume
Tariff negotiations
Regional integration
Trade regulations
Agricultural market
Agricultural economy
Food
Agricultural resource
Farm produce
Natural products in agriculture
Plant products industry
New agricultural enterprises
Agricultural industry
Foreign trade and employment
Perishable goods
Consumer goods
Agricultural products
Agricultural industry
Food industry
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