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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
  • 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 measures 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 running several trade liberalisation scenarios. A recursive household model with a two-stage LES-AIDS model on the consumption side and Cobb-Douglas functions on the production side is used to estimate the likely impacts on the behavior and welfare of the farm household. The household model is linked to the trade model through changes in the prices of inputs and outputs arising from different trade scenarios.

Suggested Citation

  • Linh, Pham Thi Ngoc & Burton, Michael & Vanzetti, David, 2008. "The welfare of small livestock producers in Vietnam under trade liberalisation - integration of trade and household models," Conference papers 331787, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:331787
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    File URL: https://ageconsearch.umn.edu/record/331787/files/3719.pdf
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    References listed on IDEAS

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    1. Michael Abbott & Orley Ashenfelter, 1979. "Labour Supply, Commodity Demand and the Allocation of Time: Correction," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 46(3), pages 567-569.
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    4. 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.
    5. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-326, June.
    6. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, September.
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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 2008-01, Utah State University, Department of Economics, revised 19 Dec 2008.
    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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