@article{Bussolo:331331,
      recid = {331331},
      author = {Bussolo, Maurizio and Niimi, Yoko},
      title = {Do the Poor benefit from Regional Trade Pacts? An  Illustration from the Central America Free Trade Agreement  in Nicaragua},
      address = {2005},
      pages = {48},
      year = {2005},
      note = {Presented at the 8th Annual Conference on Global Economic  Analysis, Lübeck, Germany},
      abstract = {This paper main objective is providing an ex-ante  assessment of the poverty and income distribution impacts  of a Central America Free Trade Area agreement for  Nicaragua. A general equilibrium macro model is used to  simulate trade reform scenarios and to estimate their price  effects, and a micro-module maps these price changes into  variations of real incomes at the individual household  level. A useful insight from this analysis is that even if  the final total impact on poverty is not too large, its  dispersion across households – due to their heterogeneity  in terms of factor endowments, inputs use, commodity  production, and consumption preferences – is significant  and this should be taken into account when designing  compensatory policies. Additionally a growth and  redistribution decomposition shows that, at least in the  short to medium run, redistribution can be as important as  growth. A main policy advice emerges: to boost  trade-induced poverty reductions, Nicaragua should consider  enlarging its own liberalization to countries other than  the US.},
      url = {http://ageconsearch.umn.edu/record/331331},
}