Poverty effects of the Philippines' tariff reduction program: Insights from a computable general equilibrium analysis
A computable general equilibrium micro‐simulation model is used to assess the economic and poverty impacts of tariff reduction in the Philippines. Tariff reduction induces consumers to substitute cheaper imported agricultural products for domestic goods, thereby resulting in a contraction in agricul...
| Autores principales: | , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Wiley
2008
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/162369 |
| _version_ | 1855518655343755264 |
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| author | Cockburn, John Corong, Erwin Cororaton, Caesar B. |
| author_browse | Cockburn, John Corong, Erwin Cororaton, Caesar B. |
| author_facet | Cockburn, John Corong, Erwin Cororaton, Caesar B. |
| author_sort | Cockburn, John |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | A computable general equilibrium micro‐simulation model is used to assess the economic and poverty impacts of tariff reduction in the Philippines. Tariff reduction induces consumers to substitute cheaper imported agricultural products for domestic goods, thereby resulting in a contraction in agricultural output. In contrast, tariff reduction reduces the domestic cost of production, benefiting the outward‐oriented and import‐dependent industrial sector. The national poverty headcount decreases marginally as lower consumer prices outweigh the nominal income reduction experienced by the majority of households. However, both the poverty gap and severity of poverty worsens, implying that the poorest of the poor become even poorer. |
| format | Journal Article |
| id | CGSpace162369 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2008 |
| publishDateRange | 2008 |
| publishDateSort | 2008 |
| publisher | Wiley |
| publisherStr | Wiley |
| record_format | dspace |
| spelling | CGSpace1623692025-02-19T14:06:53Z Poverty effects of the Philippines' tariff reduction program: Insights from a computable general equilibrium analysis Cockburn, John Corong, Erwin Cororaton, Caesar B. trade policies poverty computable general equilibrium models A computable general equilibrium micro‐simulation model is used to assess the economic and poverty impacts of tariff reduction in the Philippines. Tariff reduction induces consumers to substitute cheaper imported agricultural products for domestic goods, thereby resulting in a contraction in agricultural output. In contrast, tariff reduction reduces the domestic cost of production, benefiting the outward‐oriented and import‐dependent industrial sector. The national poverty headcount decreases marginally as lower consumer prices outweigh the nominal income reduction experienced by the majority of households. However, both the poverty gap and severity of poverty worsens, implying that the poorest of the poor become even poorer. 2008-09 2024-11-21T10:02:38Z 2024-11-21T10:02:38Z Journal Article https://hdl.handle.net/10568/162369 en Limited Access Wiley Cockburn, John; Corong, Erwin; Cororaton, Caesar B. 2008. Poverty effects of the Philippines' tariff reduction program. Asian Economic Journal Asian Economic Journal 22(3): 289-319 |
| spellingShingle | trade policies poverty computable general equilibrium models Cockburn, John Corong, Erwin Cororaton, Caesar B. Poverty effects of the Philippines' tariff reduction program: Insights from a computable general equilibrium analysis |
| title | Poverty effects of the Philippines' tariff reduction program: Insights from a computable general equilibrium analysis |
| title_full | Poverty effects of the Philippines' tariff reduction program: Insights from a computable general equilibrium analysis |
| title_fullStr | Poverty effects of the Philippines' tariff reduction program: Insights from a computable general equilibrium analysis |
| title_full_unstemmed | Poverty effects of the Philippines' tariff reduction program: Insights from a computable general equilibrium analysis |
| title_short | Poverty effects of the Philippines' tariff reduction program: Insights from a computable general equilibrium analysis |
| title_sort | poverty effects of the philippines tariff reduction program insights from a computable general equilibrium analysis |
| topic | trade policies poverty computable general equilibrium models |
| url | https://hdl.handle.net/10568/162369 |
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