Trade reform and poverty -- lessons from the Philippines: a CGE-microsimulation analysis

Little is known about the poverty implications of major trade reforms in the Philippines. Using a CGE-microsimulation analysis, tariff cuts between 1994 and 2000 are shown to have been generally poverty-reducing. This is due to a fall in consumer prices and, to compensate lost tariff revenue, an inc...

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Bibliographic Details
Main Authors: Cororaton, Caesar B., Cockburn, John
Format: Journal Article
Language:Inglés
Published: Elsevier 2007
Subjects:
Online Access:https://hdl.handle.net/10568/171795
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author Cororaton, Caesar B.
Cockburn, John
author_browse Cockburn, John
Cororaton, Caesar B.
author_facet Cororaton, Caesar B.
Cockburn, John
author_sort Cororaton, Caesar B.
collection Repository of Agricultural Research Outputs (CGSpace)
description Little is known about the poverty implications of major trade reforms in the Philippines. Using a CGE-microsimulation analysis, tariff cuts between 1994 and 2000 are shown to have been generally poverty-reducing. This is due to a fall in consumer prices and, to compensate lost tariff revenue, an increase in direct taxes that primarily hits the non-poor. Experiments where lost tariff revenue is compensated by increased sales taxes instead of direct taxes indicate that this would have had much more negative poverty implications. Poverty in Manila falls most as unskilled urban workers profit from the expansion of semi-conductor exports.
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spelling CGSpace1717952025-02-19T14:08:21Z Trade reform and poverty -- lessons from the Philippines: a CGE-microsimulation analysis Cororaton, Caesar B. Cockburn, John computable general equilibrium models models international trade poverty Little is known about the poverty implications of major trade reforms in the Philippines. Using a CGE-microsimulation analysis, tariff cuts between 1994 and 2000 are shown to have been generally poverty-reducing. This is due to a fall in consumer prices and, to compensate lost tariff revenue, an increase in direct taxes that primarily hits the non-poor. Experiments where lost tariff revenue is compensated by increased sales taxes instead of direct taxes indicate that this would have had much more negative poverty implications. Poverty in Manila falls most as unskilled urban workers profit from the expansion of semi-conductor exports. 2007-01 2025-01-29T12:58:45Z 2025-01-29T12:58:45Z Journal Article https://hdl.handle.net/10568/171795 en Limited Access Elsevier Cororaton, Caesar B.; Cockburn, John. 2007. Trade reform and poverty -- lessons from the Philippines: a CGE-microsimulation analysis. Journal of Policy Modeling 29(1): 141-163. https://doi.org/10.1016/j.jpolmod.2006.07.006
spellingShingle computable general equilibrium models
models
international trade
poverty
Cororaton, Caesar B.
Cockburn, John
Trade reform and poverty -- lessons from the Philippines: a CGE-microsimulation analysis
title Trade reform and poverty -- lessons from the Philippines: a CGE-microsimulation analysis
title_full Trade reform and poverty -- lessons from the Philippines: a CGE-microsimulation analysis
title_fullStr Trade reform and poverty -- lessons from the Philippines: a CGE-microsimulation analysis
title_full_unstemmed Trade reform and poverty -- lessons from the Philippines: a CGE-microsimulation analysis
title_short Trade reform and poverty -- lessons from the Philippines: a CGE-microsimulation analysis
title_sort trade reform and poverty lessons from the philippines a cge microsimulation analysis
topic computable general equilibrium models
models
international trade
poverty
url https://hdl.handle.net/10568/171795
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AT cockburnjohn tradereformandpovertylessonsfromthephilippinesacgemicrosimulationanalysis