Gainers and Losers from Trade Reform in Morocco
The authors use Morocco's national survey of living standards to measure the short-term welfare impacts of prior estimates of the price changes attributed to various trade policy reforms for cereals-the country's main food staple. They fi...
Main Authors: | , |
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Format: | Policy Research Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, D.C.
2013
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2004/08/5062169/gainers-losers-trade-reform-morocco http://hdl.handle.net/10986/14167 |
Summary: | The authors use Morocco's national
survey of living standards to measure the short-term welfare
impacts of prior estimates of the price changes attributed
to various trade policy reforms for cereals-the
country's main food staple. They find small impacts on
mean consumption and inequality in the aggregate. There are
both gainers and losers and (contrary to past claims) the
rural poor are worse off on average after trade policy
reforms. The authors decompose the aggregate impact on
inequality into a "vertical" component (between
people at different pre-reform welfare levels) and a
"horizontal" component (between people at the same
pre-reform welfare level). There is a large horizontal
component which dominates the vertical impact of full
de-protection. The diverse impacts reflect a degree of
observable heterogeneity in consumption behavior and income
sources, with implications for social protection policies. |
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