2 results on '"HOUSEHOLD EARNINGS"'
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2. The Earnings Effects of Multilateral Trade Liberalization : Implications for Poverty
- Author
-
Paul V. Preckel, Maros Ivanic, John Cranfield, and Thomas W. Hertel
- Subjects
TRADE LIBERALIZATION ,MARKET ACCESS ,REAL INCOME ,TAX ,GENERAL EQUILIBRIUM ,DEVELOPING COUNTRY ,DURABLE GOODS ,WORLD TRADE ,FOOD PRICE ,HOUSEHOLD INCOMES ,COMMODITIES ,CONSUMER GOOD ,COMMODITY ,Economics ,CONSUMER PRICES ,EMPLOYMENT ,Free trade ,INTERNATIONAL INVESTMENT ,CONSUMER DEMAND ,MACROECONOMICS ,PERFECT COMPETITION ,APPAREL EXPORTS ,FACTOR ENDOWMENTS ,INVESTING ,ECONOMIC CRISIS ,FACTOR PRICE ,Per capita income ,FOOD PRICES ,CONSUMER DEMANDS ,RETURNS ,IMPORT TARIFFS ,IMPACT OF TRADE LIBERALIZATION ,PER CAPITA INCOME ,EXOGENOUS SHOCKS ,IMPACT OF TRADE ,GENERAL EQUILIBRIUM MODELING ,AGRICULTURAL TRADE ,TRADE POLICY ,MACROECONOMIC SHOCKS ,DISTRIBUTION OF INCOME ,WORLD TRADE ORGANIZATION ,FAMILY LABOR ,PRICE INCREASES ,CAPITAL RETURN ,Development ,DEVELOPMENT ECONOMICS ,CONSTANT SHARE ,PROTECTION ESTIMATES ,LAND HOLDINGS ,WAGES ,AGRICULTURAL SUBSIDIES ,GLOBAL ECONOMY ,PURCHASING POWER ,TRADE BARRIERS ,Trade barrier ,NATIONAL INCOME ,WORLD PRICES ,APPAREL ,LABOR MARKET ,AGRICULTURAL COMMODITIES ,PRICE DECLINES ,INCOME INEQUALITY ,DEVELOPING ECONOMY ,ELASTICITY ,APPAREL PRODUCTS ,International economics ,GDP PER CAPITA ,INCOME LEVELS ,TARIFF DATA ,WELFARE IMPACTS ,CONSUMER SPENDING ,DURABLE ,MARKET WAGES ,PRICE CHANGES ,TRADE POLICIES ,COMMODITY PRICE ,PER CAPITA INCOMES ,MULTILATERAL TRADE ,GENERAL EQUILIBRIUM ¨ ANALYSIS ,AGRICULTURE ,CONSUMERS ,TRADE MODELS ,DEVELOPING ECONOMIES ,LANDLESS LABORERS ,AGRICULTURAL EXPORT SUBSIDIES ,AGRICULTURAL TRADE LIBERALIZATION ,WTO ,GDP ,Economic inequality ,UTILITY FUNCTION ,WAGE RATES ,CAPITAL INTENSITY ,TRADING SYSTEM ,TRADE REFORM ,BUDGET CONSTRAINT ,SPECIALIZATION ,FACTOR MARKETS ,GLOBAL TRADE ANALYSIS ,INTERNATIONAL ECONOMICS ,Commercial policy ,EXPORTS ,GLOBAL TRADE ,Liberalization ,QUOTA RENTS ,CHILD LABOR ,UNSKILLED LABOR ,GENERAL EQUILIBRIUM MODEL ,BENCHMARK ,INTERNATIONAL TRADE ,CAPITAL STOCK ,MULTILATERAL TRADE LIBERALIZATION ,OUTPUT ,HUMAN CAPITAL ,INCOME EFFECT ,INSURANCE ,HOUSEHOLD BUSINESS ,CONSUMER EXPENDITURE ,BARGAINING ,Economics and Econometrics ,AVERAGE TARIFF ,MARKET PRICE ,CAPITAL GOODS ,INCOME LEVEL ,BORROWING ,ECONOMIC POLICY ,HOUSEHOLD INCOME ,GOVERNMENT SPENDING ,TARIFF REVENUE ,COMMODITY PRICES ,EXPENDITURES ,TAX REVENUES ,DEVELOPING COUNTRIES ,DURABLES ,INTERNATIONAL BANK ,Accounting ,UNSKILLED WORKERS ,CONSUMER PREFERENCES ,HOUSEHOLD EARNINGS ,LABOR MARKETS ,TRANSFER PAYMENTS ,WORLD ECONOMY ,DEVELOPMENT BANK ,AVERAGE TARIFFS ,ECONOMIC ANALYSIS ,Poverty ,AGRICULTURAL PRODUCTS ,TRADING ,POWER PARITY ,CAPITAL SHARE ,PRIMARY FACTORS ,NATURAL RESOURCES ,BIDS ,PRODUCTION FUNCTION ,SAVINGS ,UNILATERAL TRADE ,COMMODITIES PRODUCER ,Basic needs ,FACTORS OF PRODUCTION ,TARIFF RATES ,INTERNATIONAL ECONOMY ,Finance ,EXPENDITURE ,EXPORT TAXES ,ELASTICITY OF TRANSFORMATION - Abstract
Most researchers examining poverty and multilateral trade liberalization have had to examine average, or per capita effects, suggesting that if per capita real income rises, poverty will fall. This inference can be misleading. Combining results from a new international cross-section consumption analysis with earnings data from household surveys, this article analyzes the implications of multilateral trade liberalization for poverty in Indonesia. It finds that the aggregate reduction in Indonesia's national poverty headcount following global trade liberalization masks a more complex set of impacts across groups. In the short run the poverty headcount rises slightly for self-employed agricultural households, as agricultural profits fail to keep up with increases in consumer prices. In the long run the poverty headcount falls for all earnings strata, as increased demand for unskilled workers lifts incomes for the formerly self-employed, some of whom move into the wage labor market. A decomposition of the poverty changes in Indonesia associated with different countries' trade policies finds that reform in other countries leads to a reduction in poverty in Indonesia but that liberalization of Indonesia's trade policies leads to an increase. The method used here can be readily extended to any of the other 13 countries in the sample.
- Published
- 2004
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