Welfare Impacts of China's Accession to the World Trade Organization
By Shaohua Chen, M. Ravallion. 2004
186 citations recorded by the source corpus.
Data from China's national rural and urban household surveys are used to measure and explain the welfare impacts of changes in goods and factor prices attributable to accession to the World Trade Organization (WTO). The price changes are estimated separately using a general equilibrium model to capture both direct and indirect effects of the initial tariff changes. The welfare impacts are first-order approximations based on a household model incorporating own-production activities calibrated to household-level data and imposing minimum aggregation. The results show negligible impacts on inequality and poverty in the aggregate. However, diverse impacts emerge across household types and regions, associated with heterogeneity in consumption behavior and income sources, with possible implications for compensatory policy responses.
Subfields: Development, Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/43d4b99face88b0cd84aada0c2619afe5761d7ef
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Citations in the corpus
- Looking Beyond Averages in the Trade and Poverty Debate (2004, unknown): “8 Chen and Ravallion (2004a) estimate that in 2001, 17% of China’s population live below about $1 a day at 1993 Purchasing Power Parity; the corresponding figure for the world as a whole is 18% (21% for developing countries alone).”
- Poverty Effects of Russia’s WTO Accession: Modeling “Real” Households and Endogenous Productivity Effects (2005, methodology): “But Chen and Ravallion (2004) estimate overall losses for China from WTO accession based on their household model using price changes from Ianchovichina and Martin.”
- The impact of rising food prices on the poor (2008, methodology): “The methodology used in this paper has several antecedents, starting with Deaton (1989), and many other empirical applications thereafter, including Budd (1993), Barrett and Dorosh (1996), Minot and Goletti (2000) and, recently, Ivanic and Martin (2008) and Rios et”
- Water management and crop production for food security in China: A review (2009, background): “…drainage systems (Wichelns, 2006); better irrigation scheduling (Pereira et al., 2007); silt management in the lower reaches of irrigation systems (Chengrui and Dregne, 2001); soil conservation measures such as grass strips, bench terraces and straw mulching (Lu and Stocking, 2000); and…”
- Rising Food Prices in Sub-Saharan Africa: Poverty Impact and Policy Responses (2008, background): “…On the issue of the impact of changes in prices on the poor, there is a related literature focusing on the impact of trade reforms (see among others Chen and Ravallion, 2004; Hertel and Winters, 2006; Hertel et al., 2004). programs which are meant to cushion the impact of higher prices on the poor…”
- Implications of Higher Global Food Prices for Poverty in Low-Income Countries (2008, methodology): “Consistent with many other studies considering the impacts of price changes on poverty (e.g. Chen and Ravallion 2004), we consider only the first-order impacts of food price changes on the poor.”
- Evaluation in the Practice of Development (2008, unknown): “Naturally, simulations require many more assumptions about how an economy works.11 As far as possible one would like to see those assumptions anchored to past knowledge built up 10 See, for example, Bourguignon et al. (2003) and Chen and Ravallion (2004).”
- Reducing Fuel Subsidies and the Implication on Fiscal Balance and Poverty in Indonesia: A Simulation Analysis (2013, unknown): “American Journal of Agricultural Economics, 82(4), pp.”