Agricultural Price Distortions, Poverty and Inequality in the Philippines
AbstractThis paper analyzes the poverty and inequality implications of removing agricultural and non-agricultural price distortions in the domestic market of the Philippines and abroad. Liberalization in the rest of the world is poverty and inequality reducing, whereas full domestic liberalization increases national poverty and inequality. Poverty declines while inequality increases marginally in the combined scenario of both global and domestic agriculture reform. Although the reduction in the national poverty headcount is small in the latter scenario, the poorest of the poor – particularly those living in the rural areas – emerge as “winners”, given their strong reliance on agricultural production and unskilled labor wages.
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Bibliographic InfoPaper provided by World Bank in its series Agricultural Distortions Working Paper with number 52790.
Date of creation: Jun 2009
Date of revision:
Distorted incentives; agricultural and trade policy reforms; national agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18;
Find related papers by JEL classification:
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
This paper has been announced in the following NEP Reports:
- NEP-AGR-2009-09-05 (Agricultural Economics)
- NEP-ALL-2009-09-05 (All new papers)
- NEP-DEV-2009-09-05 (Development)
- NEP-HAP-2009-09-05 (Economics of Happiness)
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