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Economic and Poverty Impacts of Agricultural, Trade, and Factor Market Reforms in China / Fan Zhai.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Zhai, Fan.
- Series:
- Other papers
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Accounting.
- Agricultural Policy.
- Agricultural Sector.
- Agricultural Sector Economics.
- Agricultural Trade.
- Agriculture.
- Developing Countries.
- Economic Development.
- Exporters.
- Food Consumption.
- Gdp.
- Household Income.
- Income Distribution.
- Income Inequality.
- Income Tax.
- Inequality.
- Labor Mobility.
- Labor Policies.
- Nutrition.
- Opportunity Cost.
- Per Capita Income.
- Poverty and Trade.
- Poverty Line.
- Poverty Reduction.
- Productivity.
- Property Rights.
- Rural Economy.
- Rural Labor Market.
- Rural Population.
- Rural Poverty.
- Rural Poverty Reduction.
- Savings.
- Social Protections and Labor.
- Trade Barriers.
- Trade Liberalization.
- Trade Policy.
- Transaction Costs.
- Unemployment.
- Unskilled Workers.
- Local Subjects:
- Accounting.
- Agricultural Policy.
- Agricultural Sector.
- Agricultural Sector Economics.
- Agricultural Trade.
- Agriculture.
- Developing Countries.
- Economic Development.
- Exporters.
- Food Consumption.
- Gdp.
- Household Income.
- Income Distribution.
- Income Inequality.
- Income Tax.
- Inequality.
- Labor Mobility.
- Labor Policies.
- Nutrition.
- Opportunity Cost.
- Per Capita Income.
- Poverty and Trade.
- Poverty Line.
- Poverty Reduction.
- Productivity.
- Property Rights.
- Rural Economy.
- Rural Labor Market.
- Rural Population.
- Rural Poverty.
- Rural Poverty Reduction.
- Savings.
- Social Protections and Labor.
- Trade Barriers.
- Trade Liberalization.
- Trade Policy.
- Transaction Costs.
- Unemployment.
- Unskilled Workers.
- Place of Publication:
- Washington, D.C. : The World Bank, 2009.
- System Details:
- data file
- Summary:
- Capitalizing on the most recent estimates of agricultural price distortions in China and in other countries, this paper assesses the economic and poverty impact of global and domestic trade reform in China. It also examines the interplay between the trade reforms and factor market reforms aimed at improving the allocation of labor within the Chinese economy. The results suggest that trade reforms in the rest of the world, land reform and hukou reform all serve to reduce poverty, while unilateral trade reforms result in a small poverty increase. Agricultural distortions are important factors in determining the distributional and poverty effects of trade reform packages, although their impacts on aggregate trade and welfare appear to be small. A comprehensive reform package which bundles the reforms in commodity and factor markets together may benefit all broad household groups in China.
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