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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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  • 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.

Suggested Citation

  • Linh, Pham Thi Ngoc & Burton, Michael P. & Vanzetti, David, 2008. "The welfare of small livestock producers in Vietnam under trade liberalisation-- Integration of trade and household models," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 6023, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare08:6023
    DOI: 10.22004/ag.econ.6023
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    File URL: https://ageconsearch.umn.edu/record/6023/files/cp08li01.pdf
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    References listed on IDEAS

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    1. Michael Abbott & Orley Ashenfelter, 1976. "Labour Supply, Commodity Demand and the Allocation of Time," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 43(3), pages 389-411.
    2. Frank Asche & Cathy R. Wessells, 1997. "On Price Indices in the Almost Ideal Demand System," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1182-1185.
    3. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685, December.
    4. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-326, June.
    5. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762.
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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.
    2. John Gilbert, 2008. "Agricultural trade reform and poverty in the Asia-Pacific region: a survey and some new results," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 15(1), pages 1-34, June.

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