Trade policy and poverty reduction in Brazil

    Authors

    G. W. Harrison; T. F. Rutherford; D. G. Tarr;A. Gurgel

    Comments

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    Abbreviated Journal Title

    World Bank Econ. Rev.

    Keywords

    MARKET ACCESS; UNITED-STATES; LIBERALIZATION; COUNTRIES; ECONOMY; TURKEY; Business, Finance; Economics; Planning & Development

    Abstract

    A multiregion computable general equilibrium model is used to evaluate the regional, multilateral, and unilateral trade policy options of Mercosur from the perspective of the welfare of all potential partners in several proposed agreements. The focus for Brazil is on-poverty impacts. The results show that the poorest households in Brazil experience gains of 1.5-5.5 percent of their consumption, which are about three to tour times the average gains for Brazil. Protection in Brazil favors capital-intensive manufacturing relative to unskilled labor-intensive agriculture and manufacturing. So trade liberalization raises the return to unskilled labor relative to capital and disproportionatelly helps the poor.

    Journal Title

    World Bank Economic Review

    Volume

    18

    Issue/Number

    3

    Publication Date

    1-1-2004

    Document Type

    Article

    Language

    English

    First Page

    289

    Last Page

    317

    WOS Identifier

    WOS:000226370200001

    ISSN

    0258-6770

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