Agricultural Trade Reform and Poverty in Thailand: A General Equilibrium Analysis

Peter Warr

No 52791, Agricultural Distortions Working Paper from World Bank

Abstract: A general equilibrium modeling approach is used to estimate the effects within Thailand of unilateral and global trade liberalization, including effects on poverty incidence. It is concluded that across the board trade liberalization is poverty-reducing within Thailand, whether other countries participate in the liberalization or not. This poverty reduction occurs among both farm and non-farm households and this qualitative outcome is not dependent on the particular poverty line used in the analysis. Liberalization in agricultural products alone raises poverty incidence among farm households, while reducing it slightly among non-farm households.

Keywords: Distorted incentives; agricultural and trade policy reforms; national agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr, nep-dev, nep-hap and nep-sea
Date: 2009-06
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