@article{Bussolo:331405,
      recid = {331405},
      author = {Bussolo, Maurizio and Mensbrugghe, Dominique van der and  Lay, Jann},
      title = {Trade options for Latin America. A Poverty Assessment  Using Macro-Micro Linkages},
      address = {2005},
      pages = {31},
      year = {2005},
      note = {Presented at the 8th Annual Conference on Global Economic  Analysis, Lübeck, Germany},
      abstract = {Linking a global computable general equilibrium model with  household surveys of Brazil, Mexico, Colombia and Chile,  this paper estimates the initial impacts on the poor of  regional and multilateral trade liberalization scenarios.  This approach combines the advantages of using general  equilibrium consistent changes in factor and good prices  with the detailed information on household endowments and  preferences provided by the surveys. Furthermore this  methodology allows to decompose the total effect on poverty  into growth and inequality components. Results show that  due to their different initial positions in terms of trade  protection, economic structure and poverty levels, the  impacts on poverty are quite dissimilar across the four  countries studied here, and that is also the case when  growth and distributional effects are considered  separately. The detailed analysis shows that, even when the  aggregate poverty effects are closer, these result from  diverse effects of opposite sign that can only be captured  by accounting for the full heterogeneity in the household  data. Such a richer analysis of the poverty impact may have  implications for compensatory policy measures and even for  the design of ultimately more successful trade reforms.},
      url = {http://ageconsearch.umn.edu/record/331405},
}