Analysis of the effects of trade opening on household welfare: an application to Chile, 1999-2006

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/W.405
cepal.docTypeDocumentos de proyectos e investigación
cepal.idSade44844
cepal.physicalDescriptiongráficos, tablas
cepal.projectProyecto "Políticas e Instrumentos para la Promoción del Crecimiento de América Latina y el Caribe. Componente 4: Políticas de Comercio y Pobreza" AEC/08/004
cepal.regionalOfficeSantiago
cepal.topicEngPRICES
cepal.topicEngTRADE IN GOODS AND SERVICES
cepal.topicEngFAMILIES
cepal.topicSpaPRECIOS
cepal.topicSpaCOMERCIO DE BIENES Y SERVICIOS
cepal.topicSpaFAMILIAS
cepal.workareaEngSOCIAL DEVELOPMENT
cepal.workareaEngSTATISTICS
cepal.workareaSpaDESARROLLO SOCIAL
cepal.workareaSpaESTADÍSTICAS
dc.contributor.authorFinot, Alfonso
dc.contributor.authorLaFleur, Marcelo
dc.contributor.authorDurán Lima, José Elías
dc.contributor.institutionAgencia Española de Cooperación Internacional para el Desarrollo
dc.coverage.spatialEngCHILE
dc.coverage.spatialSpaCHILE
dc.date.accessioned2014-01-02T15:20:33Z
dc.date.available2014-01-02T15:20:33Z
dc.date.issued2011-06
dc.descriptionIncluye bibliografía
dc.description.abstractWe conduct an ex-post analysis of the effects of trade policy changes on poverty and income distribution in Chile between 1999 and 2006. We follow the methodology developed by Porto (2006) and Nicita (2009), both of whom identify three channels of transmission through which a change in trade policy variables (e.g., tariffs) affects the welfare of households. The specific parameters that characterize each of the transmission channels are estimated independently. In the case of tradable prices, we use the standard methodology of the pass-through literature (Mallick & Marques 2008), and estimate the pass-through parameters for each tradable price group. In order to compute the effect of non-tradable prices we estimated price elasticities of these prices relative to tradable goods. The effect of trade liberalization on wage income is examined is a subsequent work. We find that the impact of the lower effective tariffs resulted in lower domestic prices and welfare gains. The overall effect was found to be positive, though small, and was larger in lower income households. The results also show that the dispersion variance of the benefits is high, especially in the first and second income quintiles. We also find that the adjustment of domestic prices to changes in border prices is not complete, and in some product groups, particularly food products, the pass-through is rather low. These results have implications for the design of complementary policies that seek to promote more competitive market structures that more effectively transmit the benefits of trade liberalization to consumers.
dc.formatTexto
dc.format.extent87 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/W.405
dc.identifier.urihttps://hdl.handle.net/11362/3872
dc.language.isoeng
dc.physicalDescription87 p.: grafs., tabls.
dc.publisherCEPAL
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesDocumentos de Proyectos
dc.relation.isPartOfSeriesNo405
dc.rights.coarDisponible
dc.subject.unbisEngTRADE LIBERALIZATION
dc.subject.unbisEngTRADE POLICY
dc.subject.unbisEngTARIFFS
dc.subject.unbisEngSOCIAL WELFARE
dc.subject.unbisEngPOVERTY
dc.subject.unbisEngINCOME DISTRIBUTION
dc.subject.unbisEngTRADE IN SERVICES
dc.subject.unbisSpaLIBERALIZACION DEL INTERCAMBIO
dc.subject.unbisSpaPOLITICA COMERCIAL
dc.subject.unbisSpaARANCELES
dc.subject.unbisSpaBIENESTAR SOCIAL
dc.subject.unbisSpaPOBREZA
dc.subject.unbisSpaDISTRIBUCION DEL INGRESO
dc.subject.unbisSpaCOMERCIO DE SERVICIOS
dc.titleAnalysis of the effects of trade opening on household welfare: an application to Chile, 1999-2006
dc.type.coarlibro
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