Konferenzbeitrag
The Effects of DR-CAFTA in Nicaragua A CGE-Microsimulation Model for Poverty and Inequality Analysis
In this paper, we build a Computable General Equilibrium (CGE)-microsimulation model for the economy of Nicaragua following the Top-Down approach (see Bourguignon et al., 2003), that is, the reform is simulated first at the macro level with the CGE model, and then it is passed onto the microsimulation model through a vector of changes in some chosen variables, such as prices, wage rates, and unemployment levels. This approach appears to be particularly suited to the policy reform we are willing to simulate with the model: the Free Trade Agreement of Central America with the USA is mainly a macroeconomic reform, which on the other hand can have important effects on the distribution of income. With such a model we try to study the possible changes in the distribution of income deriving from the Free Trade Agreement with USA. Our analysis finds only small changes both in the main macroeconomic variables and in the distribution of income and poverty indices.
- Sprache
-
Englisch
- Erschienen in
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Series: Proceedings of the German Development Economics Conference, Zürich 2008 ; No. 6
- Klassifikation
-
Wirtschaft
Computable General Equilibrium Models
Statistical Simulation Methods: General
Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
Personal Income, Wealth, and Their Distributions
- Thema
-
CGE models
microsimulation
income distribution
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Colombo, Giulia
- Ereignis
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Veröffentlichung
- (wer)
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Verein für Socialpolitik, Ausschuss für Entwicklungsländer
- (wo)
-
Göttingen
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Konferenzbeitrag
Beteiligte
- Colombo, Giulia
- Verein für Socialpolitik, Ausschuss für Entwicklungsländer
Entstanden
- 2008