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“Globalization increases poverty” is a common assertion made by critics of globalization. The proliferation of low-wage jobs and higher food prices are some of the arguments brought forward in support of this argument. One of the hallmarks of globalization is the systematic dismantling of...
Persistent link: https://www.econbiz.de/10005212440
There is a long and distinguished literature involving demand analysis using international cross-section data. Such models are widely used for predicting national per capita consumption. However, there is nothing in this literature testing the performance of estimated models in predicting...
Persistent link: https://www.econbiz.de/10005082628
This paper proposes a new method for ex ante analysis of the poverty impacts arising from policy reforms. Three innovations underlie this approach. The first is the estimation of a global demand system using a combination of micro-data from household surveys, and macro-data from the...
Persistent link: https://www.econbiz.de/10005515633
There is considerable interest in projections of future productivity growth in agriculture. Whether one is interested in the outlook for global commodity markets, future patterns of international trade, or the interactions between land use, deforestation and ecological diversity, the rate of...
Persistent link: https://www.econbiz.de/10005730931
Motivated by a lack of Engel flexibility in commonly used demand systems, Rimmer and Powell developed a new demand system. This system, referred to AIDADS, is implicitly, directly additive, possesses marginal budget shares and thus Engel elasticities, that vary nonlinearly with expenditure such...
Persistent link: https://www.econbiz.de/10009210145
Contrary to the opinions expressed by many commentators, the recent price spike in agricultural commodities is a transitory phenomenon. Using projections from SIMPLE – a global model of the farm and food system – we argue that, in the long run, food prices will most likely resume their...
Persistent link: https://www.econbiz.de/10010888112
The purpose of this note is to provide an exhaustive reference for those interested in learning more about the Constant Elasticity of Substitution (CES) function and its use in the representation of producer behavior in the GTAP Model. Particular attention is paid to the role of technical change...
Persistent link: https://www.econbiz.de/10005212434
Computable General Equilibrium (CGE) models have been widely used for quantitative analysis of global economic issues. However, CGE models are frequently criticized for resting on weak empirical foundations. This paper builds on recent work in macro-econometric estimation, developing an approach...
Persistent link: https://www.econbiz.de/10005212439
The breakdown of the WTO negotiations under the Doha Development Agenda has inspired critics to highlight the lack of effort on the part of rich countries to reform their agricultural policies. In this paper, we focus instead the poverty impacts of developing country tariff cuts - particularly...
Persistent link: https://www.econbiz.de/10005212444
This paper evaluates the impact of some key labor market reforms on rural-urban inequality and income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium (CGE) model of China. We also explore how these factor market reforms interact with product market...
Persistent link: https://www.econbiz.de/10005212445