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Impact of Trade Liberalization and World Price Changes in Bangladesh: A Computable General Equilibrium Analysis AgEcon
Alam, Mohammad Jahangir; Buysse, Jeroen; Begum, Ismat Ara; Nolte, Stephan; Wailes, Eric J.; Van Huylenbroeck, Guido.
The paper analyzes the impact of trade liberalization and changes in world prices of agricultural commodities in Bangladesh using single country CGE model. Since the agricultural sector is sensitive to overall employment, household welfare and food security, the analysis focuses on the changes in agricultural production, consumption, household income and welfare. The results show that trade liberalization increases the welfare of all household groups while world market price increases decrease welfare. It means that although trade liberalization generates a welfare increase for households but this is dependent on the relative level of world commodity prices. Our results are based on the analysis of aggregate household groups, so it may be of future...
Tipo: Presentation Palavras-chave: Static; CGE; Trade policy; World prices; Agricultural commodities; Bangladesh; Agricultural and Food Policy; Demand and Price Analysis; Food Security and Poverty; International Development; International Relations/Trade.
Ano: 2012 URL: http://purl.umn.edu/123724
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