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GTAP Resources: Resource Display

GTAP Resource #1339

"Trade Liberalization, Poverty and Efficient Equity"
by Tarr, David G., Glenn Harrison and Thomas Rutherford


Abstract
Even if trade liberalization results in aggregate welfare gains over all households, it is possible that the poorest households could lose. We illustrate two approaches to designing trade liberalization in Turkey which ensure that the poor will not lose. The first approach uses direct compensation to losers. The second approach uses limited policy reform, where exceptions to the across-the-board reform are chosen to meet the equity goal. In each case, we map out some of the efficiency costs of attaining these equity goals so as to inform policy makers about the least costly way of attaining them.

Available as the journal article at

http://www.sciencedirect.com/science/journal/03043878


Resource Details (Export Citation) GTAP Keywords
Category: Other CGE Application
Status: Published
By/In: Journal of Development Economics, Vol. 71 (1), June 2003, 97-128
Date: 2003
Version:
Created: Tarr, D. (8/8/2003)
Updated: Tarr, D. (8/28/2007)
Visits: 2,043
- Economic analysis of poverty


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