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

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberLC/W.365
cepal.docTypeDocumentos de proyectos e investigación
cepal.jobNumberS2011039 E
cepal.jobNumberS1000731 S
cepal.physicalDescriptiongráficos., tablas.
cepal.projectProyecto "Pobreza, Política Comercial y Políticas Complementarias"
cepal.topicEngTRADE IN GOODS AND SERVICES
cepal.topicEngFAMILIES
cepal.topicEngPRICES
cepal.topicSpaCOMERCIO DE BIENES Y SERVICIOS
cepal.topicSpaFAMILIAS
cepal.topicSpaPRECIOS
cepal.workareaEngSOCIAL DEVELOPMENT
cepal.workareaEngSTATISTICS
cepal.workareaSpaDESARROLLO SOCIAL
cepal.workareaSpaESTADÍSTICAS
dc.contributor.authorDurán Lima, José Elías
dc.contributor.authorFinot, Alfonso
dc.contributor.authorLaFleur, Marcelo
dc.contributor.entityNU. CEPAL
dc.contributor.entityAgencia Española de Cooperación Internacional para el Desarrollo
dc.coverage.spatialEngCHILE
dc.coverage.spatialSpaCHILE
dc.date.accessioned2014-01-02T15:20:50Z
dc.date.available2014-01-02T15:20:50Z
dc.date.issued2011-11
dc.descriptionIncludes bibliography
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.mimetypeapplication/pdf
dc.identifier.unSymbolLC/W.365
dc.identifier.urihttps://hdl.handle.net/11362/3929
dc.language.isoeng
dc.physicalDescriptiongrafs., tabls.
dc.relation.isPartOfIn: Trade, poverty and complementary policies in Latin America. Santiago: ECLAC, 2011. p. 249-273. LC/W.365
dc.rights.coarDisponible
dc.subject.unbisEngTRADE POLICY
dc.subject.unbisEngTRADE LIBERALIZATION
dc.subject.unbisEngECONOMIC CONDITIONS
dc.subject.unbisEngHOUSEHOLDS
dc.subject.unbisEngSOCIAL WELFARE
dc.subject.unbisEngTRADE IN SERVICES
dc.subject.unbisSpaPOLITICA COMERCIAL
dc.subject.unbisSpaLIBERALIZACION DEL INTERCAMBIO
dc.subject.unbisSpaCONDICIONES ECONOMICAS
dc.subject.unbisSpaHOGARES
dc.subject.unbisSpaBIENESTAR SOCIAL
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
dspace.entity.typePublication
relation.isAuthorOfPublicationf5eb065b-ba0a-4c1f-8497-3824942b197a
relation.isAuthorOfPublication9ed98d59-1e7e-4196-aac4-a1faf47eaeb9
relation.isAuthorOfPublication06a610c0-f65a-4b40-80c8-9f64077942a9
relation.isAuthorOfPublication.latestForDiscoveryf5eb065b-ba0a-4c1f-8497-3824942b197a
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