Title

Trade Policy And Poverty Reduction In Brazil

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 four 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 disproportionately helps the poor. © The International Bank for Reconstruction and Development/The World Bank 2004; all rights reserved.

Publication Date

12-1-2004

Publication Title

World Bank Economic Review

Volume

18

Issue

3

Number of Pages

289-317

Document Type

Article

Personal Identifier

scopus

DOI Link

https://doi.org/10.1093/wber/lhh043

Socpus ID

12844278797 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/12844278797

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