A 28-sector, 3-factor and 9-household group Computable General Equilibrium (CGE) model for India is constructed to analyze the impacts of Tariff and Non-tariff Barriers (NTBs) on the welfare and poverty of socio-economic household groups. A general cut in tariff leads to a decrease in overall welfare and reduction in poverty, where urban households are relatively in better position. The choice of fiscal compensatory mechanism with indirect tax on domestic consumption does not substantially change the pattern of impact except that it increases overall poverty in the economy. On the other hand, quota reductions on agriculture and food products result in a gain in welfare and a bigger reduction of poverty with rural households doing better than the urban.
Project leader: Amarendra Sahoo
Project researchers: Basanta Pradhan
No journal publications.
|The Impact of Trade Liberalization on Household Welfare and Poverty in India||2006-01-15||219.76KB||0||0|
No policy briefs.
No final reports.
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