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The welfare of small livestock producers in Vietnam under trade liberalisation-- Integration of trade and household models

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Author Info

  • Linh, Pham Thi Ngoc
  • Burton, Michael P.
  • Vanzetti, David

Abstract

Vietnam has negotiated a series of bilateral and multilateral trade agreements and has made significant steps in integrating into the world economy. This integration is likely to have both positive and negative effects on different stakeholders in the economy. This paper seeks to measure the effects on the welfare of Vietnam’s small livestock producers' by linking a household model and the GTAP trade model. A GTAP utility SplitCom is used to separate out pig and poultry prior to several trade liberalisation scenarios being run. A recursive household model with a two-stage LES-AIDS model on consumption side and Cobb-Douglas functions on production side are used. Impacts of likely changes in the prices of inputs and outputs arising from different trade scenarios on behavior and welfare of the farm household are presented.

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Bibliographic Info

Paper provided by Australian Agricultural and Resource Economics Society in its series 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia with number 6023.

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Date of creation: 2008
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Handle: RePEc:ags:aare08:6023

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Related research

Keywords: International Relations/Trade; Livestock Production/Industries;

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  1. Abbott, Michael & Ashenfelter, Orley, 1976. "Labour Supply, Commodity Demand and the Allocation of Time," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 43(3), pages 389-411, October.
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Cited by:
  1. John Gilbert, 2008. "Agricultural Trade Reform and Poverty in the Asia-Pacific: A Survey and Some New Results," Working Papers 200801, Utah State University, Department of Economics and Finance.

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