The welfare of small livestock producers in Vietnam under trade liberalisation - integration of trade and household models

Pham Thi Ngoc Linh, Michael Burton and David Vanzetti ()

No 331787, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: Vietnam has negotiated a series of bilateral and multilateral trade agreements and has made significant steps in integrating into the world economy. This integration is likely to have both positive and negative effects on different stakeholders in the economy. This paper measures the effects on the welfare of Vietnam’s small livestock producers' by linking a household model and the GTAP trade model. A GTAP utility SplitCom is used to separate out pig and poultry prior to running several trade liberalisation scenarios. A recursive household model with a two-stage LES-AIDS model on the consumption side and Cobb-Douglas functions on the production side is used to estimate the likely impacts on the behavior and welfare of the farm household. The household model is linked to the trade model through changes in the prices of inputs and outputs arising from different trade scenarios.

Keywords: Livestock Production/Industries; International Relations/Trade (search for similar items in EconPapers)
Pages: 37
Date: 2008
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Related works:
Working Paper: The welfare of small livestock producers in Vietnam under trade liberalisation-- Integration of trade and household models (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:331787

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