Poverty effects of Russia's WTO accession: Modeling real households with endogenous productivity effects

成果类型:
Article
署名作者:
Rutherford, Thomas F.; Tarr, David G.
署名单位:
The World Bank; Swiss Federal Institutes of Technology Domain; ETH Zurich
刊物名称:
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN:
0022-1996
DOI:
10.1016/j.jinteco.2007.09.004
发表日期:
2008
页码:
131-150
关键词:
poverty impacts endogenous productivity Foreign direct investment real household model Dixit-Stiglitz computable general equilibrium increasing returns to scale business services
摘要:
We employ a computable general equilibrium model of the Russian economy to assess the impact of accession to the World Trade Organization (WTO) on income distribution and the poor. We incorporate all 55,098 households from the Russian Household Budget Survey as agents in the model. The model includes FDI in services and Dixit-Stiglitz endogenous productivity effects in imperfectly competitive goods and services sectors, features which are crucial to the results. We show that incorporating the diversity of households though a real household model is important for assessing household impacts, but getting the key model features right is equally important. (C) 2007 Elsevier B.V. All rights reserved.
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