Does trade liberalization enhance income growth and equity in Zimbabwe?: the role of complimentary policies

dc.creatorBautista, Romeo M.
dc.creatorLofgren, Hans
dc.creatorThomas, Marcelle
dc.date1998
dc.date2024-11-21T09:54:12Z
dc.date2024-11-21T09:54:12Z
dc.date.accessioned2026-06-27T15:21:45Z
dc.descriptionUsing an agriculture-focused CGE model for Zimbabwe with 1991 as base period, this paper examines quantitatively the income and equity effects of trade liberalization in isolation and in conjunction with potentially complementary changes in fiscal and land policies. Trade policy reform alone (dismantling of import and foreign exchange controls, and reduction of import taxes to a low uniform rate) is shown to increase aggregate disposable household income significantly. However, the least income gain accrues to smallholder farm households, which account for about four-fifths of the poor in Zimbabwe, so the equity impact is unfavorable. Concurrent implementation with specific changes in government expenditure and tax policies and two alternative stylized land redistribution schemes yields differing outcomes in terms of aggregate household income growth and its distribution.
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/161214
dc.identifier.urihttp://hdl.handle.net/123456789/102165
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.rightsOpen Access
dc.sourceBautista, Romeo M.; Lofgren, Hans; Thomas, Marcelle. 1998. Does trade liberalization enhance income growth and equity in Zimbabwe?;the role of complimentary policies. TMD Discussion Paper 32. https://hdl.handle.net/10568/161214
dc.subjecttrade liberalization
dc.subjecteconometrics
dc.subjecteconomic policies
dc.subjectincome distribution
dc.subjectfiscal policies
dc.titleDoes trade liberalization enhance income growth and equity in Zimbabwe?: the role of complimentary policies
dc.typeWorking Paper

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