Economic and Poverty Impacts of Agricultural, Trade, and Factor Market Reforms in China

Capitalizing on the most recent estimates of agricultural price distortions in China and in other countries, this paper assesses the economic and poverty impact of global and domestic trade reform in China. It also examines the interplay between th...

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Main Authors: Zhai, Fan, Hertel, Thomas
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
GDP
TAX
WTO
Online Access:http://documents.worldbank.org/curated/en/522181468024845350/Economic-and-poverty-impacts-of-agricultural-trade-and-factor-market-reforms-in-China
http://hdl.handle.net/10986/28156
id okr-10986-28156
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABSOLUTE POVERTY
ACCOUNTING
ADVERSE IMPACTS
AGRICULTURAL EMPLOYMENT
AGRICULTURAL LAND
AGRICULTURAL LIBERALIZATION
AGRICULTURAL OUTPUT
AGRICULTURAL POLICY
AGRICULTURAL PRICE
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTOR
AGRICULTURAL WAGES
AGRICULTURE
BASE YEAR
BENCHMARK
BENCHMARK DATA
CAPITAL STOCKS
COMMERCE
COMMUNAL LAND
CONSTANT RETURNS TO SCALE
CONSUMER PRICES
DEMAND CURVES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DEVELOPMENT ECONOMICS
DISPOSABLE INCOME
DRIVERS
ECONOMIC DEVELOPMENT
ECONOMIC EFFECT
ECONOMIC GROWTH
ECONOMIC RESEARCH
ECONOMIC SYSTEMS
ELASTICITY
ELASTICITY OF SUBSTITUTION
EQUIPMENT
EXPENDITURE
EXPORT MARKETS
EXPORTER
EXPORTERS
EXPORTS
FACTOR MARKETS
FACTOR PRICES
FARM ACTIVITIES
FARM EMPLOYMENT
FARM HOUSEHOLDS
FARM SECTOR
FARM WORK
FARM WORKERS
FARMERS
FOOD CONSUMPTION
FOOD IMPORTS
FOOD PRICES
FOOD PRODUCTS
FOREIGN CURRENCY
GDP
GDP DEFLATOR
GENERAL EQUILIBRIUM
GENERAL EQUILIBRIUM MODELS
GINI COEFFICIENT
GLOBAL POVERTY
GLOBAL TRADE
HOUSEHOLD INCOME
HOUSEHOLD SURVEY
HOUSEHOLD WELFARE
HOUSING SUBSIDIES
INCOME
INCOME DIFFERENTIAL
INCOME DIFFERENTIALS
INCOME DISTRIBUTION
INCOME GAP
INCOME GROWTH
INCOME INEQUALITY
INCOME LEVEL
INCOME LEVELS
INCOME TAX
INDICATORS OF POVERTY
INEQUALITY
LABOR ALLOCATION
LABOR FORCE
LABOR MARKETS
LABOR MIGRATION
LABOR MOBILITY
LABOR MOVEMENT
LABOR SUPPLY
LAND OWNERSHIP
LAND REFORM
LAND REFORMS
MACROECONOMIC EFFECTS
MARGINAL COST
MARGINAL VALUE
MARKET DISTORTION
MARKET DISTORTIONS
MARKET REFORM
MARKET REFORMS
MARKETIZATION
MERCHANDISE
MERCHANDISE TRADE
MIGRANT LABOR
MOBILITY OF LABOR
MULTILATERAL TRADE
NATIONAL POVERTY
NUTRITION
OPEN MARKET
OPPORTUNITY COST
OUTPUT LOSSES
OUTPUTS
PER CAPITA INCOME
PERFECT COMPETITION
POOR
PORTFOLIO
POVERTY ESTIMATES
POVERTY HEADCOUNT RATE
POVERTY IMPACT
POVERTY INCIDENCE
POVERTY INCREASE
POVERTY LINE
POVERTY REDUCTION
POVERTY REDUCTION STRATEGIES
PRICE DISTORTIONS
PRICE INCREASES
PRICE VARIATION
PRODUCTIVITY
PROPERTY RIGHTS
REAL EXCHANGE RATE
REAL GDP
REAL INCOME
REAL WAGES
REGISTRATION SYSTEM
RENTS
RETURN
RETURNS
RURAL
RURAL ACTIVITIES
RURAL AREAS
RURAL ECONOMY
RURAL HOUSEHOLD
RURAL HOUSEHOLDS
RURAL INCOME
RURAL INCOMES
RURAL INEQUALITY
RURAL LABOR
RURAL LABOR MARKET
RURAL MIGRANTS
RURAL POLICY
RURAL POOR
RURAL POPULATION
RURAL POVERTY
RURAL POVERTY REDUCTION
RURAL SECTOR
RURAL WAGES
RURAL WORKERS
SAVINGS
SPREAD
STOCKS
SUBSTITUTE
SUPPLY ELASTICITY
TARIFF REVENUE
TAX
TAX RATE
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE REFORMS
TRANSACTION
TRANSACTION COSTS
TRANSACTIONS COSTS
TRUST FUNDS
UNEMPLOYMENT
UNSKILLED LABOR
UNSKILLED WORKERS
URBAN EMPLOYMENT
WAGE RATES
WEALTH
WTO
spellingShingle ABSOLUTE POVERTY
ACCOUNTING
ADVERSE IMPACTS
AGRICULTURAL EMPLOYMENT
AGRICULTURAL LAND
AGRICULTURAL LIBERALIZATION
AGRICULTURAL OUTPUT
AGRICULTURAL POLICY
AGRICULTURAL PRICE
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTOR
AGRICULTURAL WAGES
AGRICULTURE
BASE YEAR
BENCHMARK
BENCHMARK DATA
CAPITAL STOCKS
COMMERCE
COMMUNAL LAND
CONSTANT RETURNS TO SCALE
CONSUMER PRICES
DEMAND CURVES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DEVELOPMENT ECONOMICS
DISPOSABLE INCOME
DRIVERS
ECONOMIC DEVELOPMENT
ECONOMIC EFFECT
ECONOMIC GROWTH
ECONOMIC RESEARCH
ECONOMIC SYSTEMS
ELASTICITY
ELASTICITY OF SUBSTITUTION
EQUIPMENT
EXPENDITURE
EXPORT MARKETS
EXPORTER
EXPORTERS
EXPORTS
FACTOR MARKETS
FACTOR PRICES
FARM ACTIVITIES
FARM EMPLOYMENT
FARM HOUSEHOLDS
FARM SECTOR
FARM WORK
FARM WORKERS
FARMERS
FOOD CONSUMPTION
FOOD IMPORTS
FOOD PRICES
FOOD PRODUCTS
FOREIGN CURRENCY
GDP
GDP DEFLATOR
GENERAL EQUILIBRIUM
GENERAL EQUILIBRIUM MODELS
GINI COEFFICIENT
GLOBAL POVERTY
GLOBAL TRADE
HOUSEHOLD INCOME
HOUSEHOLD SURVEY
HOUSEHOLD WELFARE
HOUSING SUBSIDIES
INCOME
INCOME DIFFERENTIAL
INCOME DIFFERENTIALS
INCOME DISTRIBUTION
INCOME GAP
INCOME GROWTH
INCOME INEQUALITY
INCOME LEVEL
INCOME LEVELS
INCOME TAX
INDICATORS OF POVERTY
INEQUALITY
LABOR ALLOCATION
LABOR FORCE
LABOR MARKETS
LABOR MIGRATION
LABOR MOBILITY
LABOR MOVEMENT
LABOR SUPPLY
LAND OWNERSHIP
LAND REFORM
LAND REFORMS
MACROECONOMIC EFFECTS
MARGINAL COST
MARGINAL VALUE
MARKET DISTORTION
MARKET DISTORTIONS
MARKET REFORM
MARKET REFORMS
MARKETIZATION
MERCHANDISE
MERCHANDISE TRADE
MIGRANT LABOR
MOBILITY OF LABOR
MULTILATERAL TRADE
NATIONAL POVERTY
NUTRITION
OPEN MARKET
OPPORTUNITY COST
OUTPUT LOSSES
OUTPUTS
PER CAPITA INCOME
PERFECT COMPETITION
POOR
PORTFOLIO
POVERTY ESTIMATES
POVERTY HEADCOUNT RATE
POVERTY IMPACT
POVERTY INCIDENCE
POVERTY INCREASE
POVERTY LINE
POVERTY REDUCTION
POVERTY REDUCTION STRATEGIES
PRICE DISTORTIONS
PRICE INCREASES
PRICE VARIATION
PRODUCTIVITY
PROPERTY RIGHTS
REAL EXCHANGE RATE
REAL GDP
REAL INCOME
REAL WAGES
REGISTRATION SYSTEM
RENTS
RETURN
RETURNS
RURAL
RURAL ACTIVITIES
RURAL AREAS
RURAL ECONOMY
RURAL HOUSEHOLD
RURAL HOUSEHOLDS
RURAL INCOME
RURAL INCOMES
RURAL INEQUALITY
RURAL LABOR
RURAL LABOR MARKET
RURAL MIGRANTS
RURAL POLICY
RURAL POOR
RURAL POPULATION
RURAL POVERTY
RURAL POVERTY REDUCTION
RURAL SECTOR
RURAL WAGES
RURAL WORKERS
SAVINGS
SPREAD
STOCKS
SUBSTITUTE
SUPPLY ELASTICITY
TARIFF REVENUE
TAX
TAX RATE
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE REFORMS
TRANSACTION
TRANSACTION COSTS
TRANSACTIONS COSTS
TRUST FUNDS
UNEMPLOYMENT
UNSKILLED LABOR
UNSKILLED WORKERS
URBAN EMPLOYMENT
WAGE RATES
WEALTH
WTO
Zhai, Fan
Hertel, Thomas
Economic and Poverty Impacts of Agricultural, Trade, and Factor Market Reforms in China
geographic_facet East Asia and Pacific
China
relation Agricultural Distortions Working Paper;98
description Capitalizing on the most recent estimates of agricultural price distortions in China and in other countries, this paper assesses the economic and poverty impact of global and domestic trade reform in China. It also examines the interplay between the trade reforms and factor market reforms aimed at improving the allocation of labor within the Chinese economy. The results suggest that trade reforms in the rest of the world, land reform and hukou reform all serve to reduce poverty, while unilateral trade reforms result in a small poverty increase. Agricultural distortions are important factors in determining the distributional and poverty effects of trade reform packages, although their impacts on aggregate trade and welfare appear to be small. A comprehensive reform package which bundles the reforms in commodity and factor markets together may benefit all broad household groups in China.
format Working Paper
author Zhai, Fan
Hertel, Thomas
author_facet Zhai, Fan
Hertel, Thomas
author_sort Zhai, Fan
title Economic and Poverty Impacts of Agricultural, Trade, and Factor Market Reforms in China
title_short Economic and Poverty Impacts of Agricultural, Trade, and Factor Market Reforms in China
title_full Economic and Poverty Impacts of Agricultural, Trade, and Factor Market Reforms in China
title_fullStr Economic and Poverty Impacts of Agricultural, Trade, and Factor Market Reforms in China
title_full_unstemmed Economic and Poverty Impacts of Agricultural, Trade, and Factor Market Reforms in China
title_sort economic and poverty impacts of agricultural, trade, and factor market reforms in china
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/522181468024845350/Economic-and-poverty-impacts-of-agricultural-trade-and-factor-market-reforms-in-China
http://hdl.handle.net/10986/28156
_version_ 1764465403899150336
spelling okr-10986-281562021-04-23T14:04:45Z Economic and Poverty Impacts of Agricultural, Trade, and Factor Market Reforms in China Zhai, Fan Hertel, Thomas ABSOLUTE POVERTY ACCOUNTING ADVERSE IMPACTS AGRICULTURAL EMPLOYMENT AGRICULTURAL LAND AGRICULTURAL LIBERALIZATION AGRICULTURAL OUTPUT AGRICULTURAL POLICY AGRICULTURAL PRICE AGRICULTURAL PRICES AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR AGRICULTURAL WAGES AGRICULTURE BASE YEAR BENCHMARK BENCHMARK DATA CAPITAL STOCKS COMMERCE COMMUNAL LAND CONSTANT RETURNS TO SCALE CONSUMER PRICES DEMAND CURVES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DEVELOPMENT ECONOMICS DISPOSABLE INCOME DRIVERS ECONOMIC DEVELOPMENT ECONOMIC EFFECT ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMIC SYSTEMS ELASTICITY ELASTICITY OF SUBSTITUTION EQUIPMENT EXPENDITURE EXPORT MARKETS EXPORTER EXPORTERS EXPORTS FACTOR MARKETS FACTOR PRICES FARM ACTIVITIES FARM EMPLOYMENT FARM HOUSEHOLDS FARM SECTOR FARM WORK FARM WORKERS FARMERS FOOD CONSUMPTION FOOD IMPORTS FOOD PRICES FOOD PRODUCTS FOREIGN CURRENCY GDP GDP DEFLATOR GENERAL EQUILIBRIUM GENERAL EQUILIBRIUM MODELS GINI COEFFICIENT GLOBAL POVERTY GLOBAL TRADE HOUSEHOLD INCOME HOUSEHOLD SURVEY HOUSEHOLD WELFARE HOUSING SUBSIDIES INCOME INCOME DIFFERENTIAL INCOME DIFFERENTIALS INCOME DISTRIBUTION INCOME GAP INCOME GROWTH INCOME INEQUALITY INCOME LEVEL INCOME LEVELS INCOME TAX INDICATORS OF POVERTY INEQUALITY LABOR ALLOCATION LABOR FORCE LABOR MARKETS LABOR MIGRATION LABOR MOBILITY LABOR MOVEMENT LABOR SUPPLY LAND OWNERSHIP LAND REFORM LAND REFORMS MACROECONOMIC EFFECTS MARGINAL COST MARGINAL VALUE MARKET DISTORTION MARKET DISTORTIONS MARKET REFORM MARKET REFORMS MARKETIZATION MERCHANDISE MERCHANDISE TRADE MIGRANT LABOR MOBILITY OF LABOR MULTILATERAL TRADE NATIONAL POVERTY NUTRITION OPEN MARKET OPPORTUNITY COST OUTPUT LOSSES OUTPUTS PER CAPITA INCOME PERFECT COMPETITION POOR PORTFOLIO POVERTY ESTIMATES POVERTY HEADCOUNT RATE POVERTY IMPACT POVERTY INCIDENCE POVERTY INCREASE POVERTY LINE POVERTY REDUCTION POVERTY REDUCTION STRATEGIES PRICE DISTORTIONS PRICE INCREASES PRICE VARIATION PRODUCTIVITY PROPERTY RIGHTS REAL EXCHANGE RATE REAL GDP REAL INCOME REAL WAGES REGISTRATION SYSTEM RENTS RETURN RETURNS RURAL RURAL ACTIVITIES RURAL AREAS RURAL ECONOMY RURAL HOUSEHOLD RURAL HOUSEHOLDS RURAL INCOME RURAL INCOMES RURAL INEQUALITY RURAL LABOR RURAL LABOR MARKET RURAL MIGRANTS RURAL POLICY RURAL POOR RURAL POPULATION RURAL POVERTY RURAL POVERTY REDUCTION RURAL SECTOR RURAL WAGES RURAL WORKERS SAVINGS SPREAD STOCKS SUBSTITUTE SUPPLY ELASTICITY TARIFF REVENUE TAX TAX RATE TRADE BARRIERS TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE REFORMS TRANSACTION TRANSACTION COSTS TRANSACTIONS COSTS TRUST FUNDS UNEMPLOYMENT UNSKILLED LABOR UNSKILLED WORKERS URBAN EMPLOYMENT WAGE RATES WEALTH WTO Capitalizing on the most recent estimates of agricultural price distortions in China and in other countries, this paper assesses the economic and poverty impact of global and domestic trade reform in China. It also examines the interplay between the trade reforms and factor market reforms aimed at improving the allocation of labor within the Chinese economy. The results suggest that trade reforms in the rest of the world, land reform and hukou reform all serve to reduce poverty, while unilateral trade reforms result in a small poverty increase. Agricultural distortions are important factors in determining the distributional and poverty effects of trade reform packages, although their impacts on aggregate trade and welfare appear to be small. A comprehensive reform package which bundles the reforms in commodity and factor markets together may benefit all broad household groups in China. 2017-09-07T16:26:27Z 2017-09-07T16:26:27Z 2009-06 Working Paper http://documents.worldbank.org/curated/en/522181468024845350/Economic-and-poverty-impacts-of-agricultural-trade-and-factor-market-reforms-in-China http://hdl.handle.net/10986/28156 English en_US Agricultural Distortions Working Paper;98 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper East Asia and Pacific China