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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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 |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
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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 |
_version_ |
1764393188698619904 |