Can cash transfers promote the local economy? A case study for Cambodia

Stephanie Levy and Sherman Robinson

No 1334, IFPRI discussion papers from International Food Policy Research Institute (IFPRI)

Abstract: While previous research on cash transfer programs has primarily concentrated on micro-economic effects, this paper analyzes general equilibrium effects of social transfer policies using a computable general equilibrium model applied to Cambodia. It identifies the potential impact of these transfers on the local economy, looking particularly at prices and market responses to an increase in demand through production and trade. Our findings show that, for goods and services for which domestic supply is not elastic enough to respond to a significant rise in demand, prices will increase, affecting the value of transfers on poverty reduction.

Keywords: Agricultural policies; Agricultural development; Impact assessment; agricultural development strategies; social protection; Computable General Equilibrium (CGE) model; impact evaluation (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-agr, nep-cmp, nep-dev and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:fpr:ifprid:1334

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