Do Regional Trade Pacts Benefit the Poor? An Illustration from the Dominican Republic-Central American Free Trade Agreement in Nicaragua

The main objective of this paper is to provide an ex-ante assessment of the poverty and income distribution impacts of the Central American Free Trade Area agreement on Nicaragua. The authors use a general equilibrium macro model to simulate trade reform scenarios and estimate their price effects, w...

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Bibliographic Details
Main Authors:	Bussolo, Maurizio, Niimi, Yoko
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCESS TO SERVICE MARKETS ADJUSTMENT PROCESS AGGREGATE INCOME AGRICULTURAL COMMODITIES AGRICULTURAL PRODUCTS AGRICULTURE APPAREL AUTONOMY BALANCE OF PAYMENTS BENCHMARK BENCHMARK EQUILIBRIUM CAPITAL ACCUMULATION CAPITAL GOODS CAPITAL INFLOWS CAPITAL INPUTS CENTRAL AMERICA CENTRAL AMERICAN COMMERCE CONCESSIONS CONSTANT ELASTICITY CONSTANT ELASTICITY OF SUBSTITUTION CONSTANT ELASTICITY OF TRANSFORMATION CONSUMER CONSUMPTION PATTERNS CURRENT ACCOUNT DEPENDENT VARIABLE DEVELOPING COUNTRIES DISTRIBUTIONAL EFFECTS DIVIDENDS DOMESTIC DEMAND DOMESTIC MARKET DOMESTIC PRODUCTION ECONOMIC STRUCTURE ELASTICITY ELASTICITY OF SUBSTITUTION EMPIRICAL EVIDENCE ENDOGENOUS VARIABLES EQUILIBRIUM EXPENDITURE EXPLANATORY VARIABLES EXPORT ORIENTATION EXPORT SECTORS EXPORT SUPPLY EXPORTS FACTOR ACCUMULATION FACTOR CONTRIBUTIONS FACTOR ENDOWMENTS FACTOR INCOME FACTOR MARKETS FACTOR PRICE FACTOR PRICES FACTORS OF PRODUCTION FOOD CONSUMPTION FOREIGN DIRECT INVESTMENT FOREIGN MARKETS FOREIGN PRODUCTION FREE ACCESS FREE TRADE FREE TRADE AREA FULL LIBERALIZATION FUNCTIONAL FORMS GENERAL EQUILIBRIUM MODEL GEOGRAPHICAL VARIABLES GOVERNMENT EXPENDITURES GROWTH COMPONENT GROWTH RATES HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD MEMBERS HOUSEHOLD SURVEYS HUMAN CAPITAL IMPACT OF TRADE IMPACT OF TRADE REFORMS IMPORT IMPORT PROTECTION IMPORTS INCOME INCOME COMPONENTS INCOME DISTRIBUTION INCOME GROUPS INCOME LEVEL INCOME LEVELS INCOME SOURCES INCOMES INDIVIDUAL INCOMES INTERNATIONAL TRADE LABOR MARKET LABOR MARKET SEGMENTATION LABOR MARKETS LIVING STANDARDS MARKET IMPERFECTIONS MARKET PRICES MARKET REFORMS MARKET SEGMENTATION METAL PRODUCTS NEGATIVE EXTERNALITIES NEGATIVE SHOCK NEGATIVE SIGN POLICY REFORM POLICY REFORMS POLICY RESEARCH POOR HOUSEHOLDS POOR PEOPLE POSITIVE EXTERNALITIES POVERTY IMPACT POVERTY REDUCTIONS PREFERENTIAL MARKET ACCESS PRICE CHANGES PRICE DECREASES PRICE INCENTIVES PRIMARY FACTORS PRIVATE CONSUMPTION PRODUCTIVE ASSETS REAL EXCHANGE RATE REAL EXCHANGE RATES REAL INCOME REGIONAL TRADE REGIONAL TRADE PACTS REGRESSION ANALYSIS RELATIVE CHANGE RELATIVE IMPORTANCE RELATIVE PRICES RESOURCE ALLOCATION RULES OF ORIGIN SALES SENSITIVITY ANALYSIS SKILLED WORKERS SOUTH AMERICA SUBSTITUTES SURPLUS TARIFF DATA TARIFF RATES TARIFF REDUCTIONS TARIFF REVENUE TOTAL CONSUMPTION TOTAL OUTPUT TRADE AGREEMENT TRADE AGREEMENTS TRADE LIBERALIZATION TRADE PARTNERS TRADE POLICY TRADE REFORM TRADE REFORMS TRADE SHOCKS UNILATERAL LIBERALIZATION UNILATERAL TRADE UNILATERAL TRADE LIBERALIZATION UNSKILLED LABOR UTILITY FUNCTION VALUE ADDED WAGE DIFFERENTIALS WAGE RATE WAGES WORLD PRICES WTO
Online Access:	http://documents.worldbank.org/curated/en/2006/02/6600539/regional-trade-pacts-benefit-poor-illustration-dominican-republic-central-american-free-trade-agreement-nicaragua http://hdl.handle.net/10986/8743

Internet

http://documents.worldbank.org/curated/en/2006/02/6600539/regional-trade-pacts-benefit-poor-illustration-dominican-republic-central-american-free-trade-agreement-nicaragua
http://hdl.handle.net/10986/8743

Do Regional Trade Pacts Benefit the Poor? An Illustration from the Dominican Republic-Central American Free Trade Agreement in Nicaragua

Internet

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