Do Regional Trade Pacts Benefit the Poor? An Illustration from Dominican Republic--Central American Free Trade Agreement in Nicaragua

This paper provides an ex-ante assessment of the poverty and income distribution impacts of the Central American Free Trade Area agreement on Nicaragua. A general equilibrium macro model is used to simulate trade reform scenarios and estimate their price effects, while a micro module maps these pric...

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Main Authors: Bussolo, Maurizio, Niimi, Yoko
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5475
id okr-10986-5475
recordtype oai_dc
spelling okr-10986-54752021-04-23T14:02:22Z Do Regional Trade Pacts Benefit the Poor? An Illustration from Dominican Republic--Central American Free Trade Agreement in Nicaragua Bussolo, Maurizio Niimi, Yoko Personal Income, Wealth, and Their Distributions D310 Economic Integration F150 Trade and Labor Market Interactions F160 Measurement and Analysis of Poverty I320 Economic Development: Human Resources Human Development Income Distribution Migration O150 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 This paper provides an ex-ante assessment of the poverty and income distribution impacts of the Central American Free Trade Area agreement on Nicaragua. A general equilibrium macro model is used 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. The final impact on poverty is not too large, but its dispersion across households is significant and should be considered when designing compensatory policies. A main policy message is that Nicaragua should consider enlarging its own liberalization to countries other than the United States to boost trade-induced poverty reductions. 2012-03-30T07:33:00Z 2012-03-30T07:33:00Z 2009 Journal Article World Development 0305750X http://hdl.handle.net/10986/5475 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Nicaragua
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Personal Income, Wealth, and Their Distributions D310
Economic Integration F150
Trade and Labor Market Interactions F160
Measurement and Analysis of Poverty I320
Economic Development: Human Resources
Human Development
Income Distribution
Migration O150
International Linkages to Development
Role of International Organizations O190
Development Planning and Policy: Trade Policy
Factor Movement
Foreign Exchange Policy O240
spellingShingle Personal Income, Wealth, and Their Distributions D310
Economic Integration F150
Trade and Labor Market Interactions F160
Measurement and Analysis of Poverty I320
Economic Development: Human Resources
Human Development
Income Distribution
Migration O150
International Linkages to Development
Role of International Organizations O190
Development Planning and Policy: Trade Policy
Factor Movement
Foreign Exchange Policy O240
Bussolo, Maurizio
Niimi, Yoko
Do Regional Trade Pacts Benefit the Poor? An Illustration from Dominican Republic--Central American Free Trade Agreement in Nicaragua
geographic_facet Nicaragua
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description This paper provides an ex-ante assessment of the poverty and income distribution impacts of the Central American Free Trade Area agreement on Nicaragua. A general equilibrium macro model is used 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. The final impact on poverty is not too large, but its dispersion across households is significant and should be considered when designing compensatory policies. A main policy message is that Nicaragua should consider enlarging its own liberalization to countries other than the United States to boost trade-induced poverty reductions.
format Journal Article
author Bussolo, Maurizio
Niimi, Yoko
author_facet Bussolo, Maurizio
Niimi, Yoko
author_sort Bussolo, Maurizio
title Do Regional Trade Pacts Benefit the Poor? An Illustration from Dominican Republic--Central American Free Trade Agreement in Nicaragua
title_short Do Regional Trade Pacts Benefit the Poor? An Illustration from Dominican Republic--Central American Free Trade Agreement in Nicaragua
title_full Do Regional Trade Pacts Benefit the Poor? An Illustration from Dominican Republic--Central American Free Trade Agreement in Nicaragua
title_fullStr Do Regional Trade Pacts Benefit the Poor? An Illustration from Dominican Republic--Central American Free Trade Agreement in Nicaragua
title_full_unstemmed Do Regional Trade Pacts Benefit the Poor? An Illustration from Dominican Republic--Central American Free Trade Agreement in Nicaragua
title_sort do regional trade pacts benefit the poor? an illustration from dominican republic--central american free trade agreement in nicaragua
publishDate 2012
url http://hdl.handle.net/10986/5475
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