Poverty Effects of Russia's WTO Accession: Modeling 'Real' Households with Endogenous Productivity Effects

We employ a computable general equilibrium model of the Russian economy to assess the impact of accession to the World Trade Organization (WTO) on income distribution and the poor. We incorporate all 55,098 households from the Russian Household Budget Survey as agents in the model. The model include...

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Main Authors: Rutherford, Thomas F., Tarr, David G.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4905
id okr-10986-4905
recordtype oai_dc
spelling okr-10986-49052021-04-23T14:02:20Z Poverty Effects of Russia's WTO Accession: Modeling 'Real' Households with Endogenous Productivity Effects Rutherford, Thomas F. Tarr, David G. Trade Policy International Trade Organizations F130 Measurement and Analysis of Poverty I320 We employ a computable general equilibrium model of the Russian economy to assess the impact of accession to the World Trade Organization (WTO) on income distribution and the poor. We incorporate all 55,098 households from the Russian Household Budget Survey as agents in the model. The model includes FDI in services and Dixit-Stiglitz endogenous productivity effects in imperfectly competitive goods and services sectors, features which are crucial to the results. We show that incorporating the diversity of households though a real household model is important for assessing household impacts, but getting the key model features right is equally important. 2012-03-30T07:30:19Z 2012-03-30T07:30:19Z 2008 Journal Article Journal of International Economics 00221996 http://hdl.handle.net/10986/4905 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Russian Federation
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Trade Policy
International Trade Organizations F130
Measurement and Analysis of Poverty I320
spellingShingle Trade Policy
International Trade Organizations F130
Measurement and Analysis of Poverty I320
Rutherford, Thomas F.
Tarr, David G.
Poverty Effects of Russia's WTO Accession: Modeling 'Real' Households with Endogenous Productivity Effects
geographic_facet Russian Federation
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description We employ a computable general equilibrium model of the Russian economy to assess the impact of accession to the World Trade Organization (WTO) on income distribution and the poor. We incorporate all 55,098 households from the Russian Household Budget Survey as agents in the model. The model includes FDI in services and Dixit-Stiglitz endogenous productivity effects in imperfectly competitive goods and services sectors, features which are crucial to the results. We show that incorporating the diversity of households though a real household model is important for assessing household impacts, but getting the key model features right is equally important.
format Journal Article
author Rutherford, Thomas F.
Tarr, David G.
author_facet Rutherford, Thomas F.
Tarr, David G.
author_sort Rutherford, Thomas F.
title Poverty Effects of Russia's WTO Accession: Modeling 'Real' Households with Endogenous Productivity Effects
title_short Poverty Effects of Russia's WTO Accession: Modeling 'Real' Households with Endogenous Productivity Effects
title_full Poverty Effects of Russia's WTO Accession: Modeling 'Real' Households with Endogenous Productivity Effects
title_fullStr Poverty Effects of Russia's WTO Accession: Modeling 'Real' Households with Endogenous Productivity Effects
title_full_unstemmed Poverty Effects of Russia's WTO Accession: Modeling 'Real' Households with Endogenous Productivity Effects
title_sort poverty effects of russia's wto accession: modeling 'real' households with endogenous productivity effects
publishDate 2012
url http://hdl.handle.net/10986/4905
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