Agricultural Trade Reform and Poverty in Thailand : A General Equilibrium Analysis

A general equilibrium modeling approach is used to estimate the effects within Thailand of unilateral and global trade liberalization, including effects on poverty incidence. It is concluded that across the board trade liberalization is poverty-red...

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Bibliographic Details
Main Author:	Warr, Peter
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	ABSOLUTE TERMS AGRICULTURAL COMMODITIES AGRICULTURAL LIBERALIZATION AGRICULTURAL PRODUCERS AGRICULTURAL PRODUCT AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR AGRICULTURAL SECTORS AGRICULTURE CASH TRANSFERS CHANGES IN POVERTY COMMODITY MARKETS COMMODITY PRICES CONSUMER DEMAND CONSUMER PRICE INDEX CONSUMER PRICES CONSUMERS CURRENCY DISTORTIONS ECONOMIC GROWTH ECONOMIC MODEL ECONOMIC PERFORMANCE ECONOMIC SHOCKS ELASTICITY EXPENDITURE INCREASES EXPORT COMMODITY EXPORT SUBSIDIES EXPORT SUBSIDY EXPORT VOLUME EXPORTER EXPORTS FARM HOUSEHOLDS FARM PRODUCTS FARMER FOOD POLICY FOOD PRICES GDP DEFLATOR GENERAL EQUILIBRIUM GENERAL EQUILIBRIUM ANALYSIS GENERAL EQUILIBRIUM MODEL GENERAL EQUILIBRIUM MODELS GINI COEFFICIENT GLOBAL ECONOMY HOUSEHOLD CONSUMPTION HOUSEHOLD INCOME IMPORT IMPORT PRICE IMPORT PRICES IMPORTS INCOME DISTRIBUTION INCOME INEQUALITY INEQUALITY INTERNATIONAL PRICES INVENTORY MACROECONOMIC EFFECTS MEAT MILK NATIONAL POVERTY NATIONAL POVERTY LINE POOR POOR HOUSEHOLDS POOR PEOPLE POVERTY INCIDENCE POVERTY LINE POVERTY LINES POVERTY REDUCING POVERTY REDUCTION PRODUCTION SIDE PURCHASING POWER PURCHASING POWER PARITY QUOTAS REAL GDP REDUCTION IN POVERTY RURAL RURAL AREAS RURAL HOUSEHOLDS RURAL INFRASTRUCTURE RURAL PEOPLE RURAL POOR RURAL POVERTY RURAL POVERTY INCIDENCE SHEEP STATIC ANALYSIS STRUCTURAL CHANGE TARIFF BARRIERS TAXATION TOTAL COSTS TRADE DATA TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY VEGETABLE OILS VEGETABLES WAGES WEIGHTS WORLD ECONOMY WORLD TRADE
Online Access:	http://documents.worldbank.org/curated/en/687511468128966777/Agricultural-trade-reform-and-poverty-in-Thailand-a-general-equilibrium-analysis http://hdl.handle.net/10986/28177

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Summary:	A general equilibrium modeling approach is used to estimate the effects within Thailand of unilateral and global trade liberalization, including effects on poverty incidence. It is concluded that across the board trade liberalization is poverty-reducing within Thailand, whether other countries participate in the liberalization or not. This poverty reduction occurs among both farm and non-farm households and this qualitative outcome is not dependent on the particular poverty line used in the analysis. Liberalization in agricultural products alone raises poverty incidence among farm households, while reducing it slightly among non-farm households.

Agricultural Trade Reform and Poverty in Thailand : A General Equilibrium Analysis

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