000331331 001__ 331331
000331331 005__ 20230304054407.0
000331331 041__ $$aeng
000331331 245__ $$aDo the Poor benefit from Regional Trade Pacts? An Illustration from the Central America Free Trade Agreement in Nicaragua
000331331 260__ $$c2005
000331331 269__ $$a2005
000331331 300__ $$a48
000331331 336__ $$aConference Paper/ Presentation
000331331 500__ $$aPresented at the 8th Annual Conference on Global Economic Analysis, Lübeck, Germany
000331331 520__ $$aThis 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.
000331331 546__ $$aEnglish
000331331 650__ $$aInternational Relations/Trade
000331331 650__ $$aFood Security and Poverty
000331331 700__ $$aBussolo, Maurizio
000331331 700__ $$aNiimi, Yoko
000331331 773__ $$j2004
000331331 8564_ $$916d4f0ff-d19f-45fc-9762-48aae3330cd6$$s320524$$uhttps://ageconsearch.umn.edu/record/331331/files/1821.pdf
000331331 909CO $$ooai:ageconsearch.umn.edu:331331$$pGLOBAL_SET
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000331331 980__ $$a2457