Estimating Household Responses to Trade Reforms : Net Consumers and Net Producers in Rural Mexico

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dc.creatorPorto, Guido G.
dc.date2012-06-20T21:33:44Z
dc.date2012-06-20T21:33:44Z
dc.date2005-09
dc.date.accessioned2026-07-01T01:27:56Z
dc.descriptionThis paper explores an empirical methodology to assess the impacts of trade reforms on household behavior in developing countries. It focuses on consumption and income responses: when price reforms take place, households modify consumption and production decisions and local labor markets adjust. The paper proposes a joint estimator of demand and wage price elasticities from survey data. The method uses an empirical model of demand to extract price information from unit values, and uses this information to estimate the response of households to price reforms. By correcting unit values for quality effects and measurement error, the method overcomes the problem of the endogeneity of unit values. By endogeneizing household income, the model corrects potential biases in the estimation of own- and cross-price elasticities in consumption. The paper applies the method to an expenditure and income survey for rural Mexico. It shows that the corrections suggested in this paper are empirically important. In particular, it shows that allowing for consumption and income responses is a key element of an accurate empirical assessment of trade policy.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2005/09/6252145/estimating-household-responses-trade-reforms-net-consumers-net-producers-rural-mexico
dc.identifierhttps://hdl.handle.net/10986/8596
dc.identifierhttps://doi.org/10.1596/1813-9450-3695
dc.identifier.urihttp://hdl.handle.net/123456789/418328
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper; No. 3695
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectAGRICULTURAL PRICES
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectAGRICULTURE
dc.subjectAVERAGE SHARE
dc.subjectCONSTANT PRICES
dc.subjectCONSUMER PRICES
dc.subjectCONSUMERS
dc.subjectCORN PRICES
dc.subjectDEMAND FUNCTIONS
dc.subjectDEMAND SIDE
dc.subjectDEMOGRAPHICS
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectECONOMETRIC MODEL
dc.subjectELASTICITY
dc.subjectEMPIRICAL APPLICATION
dc.subjectEMPIRICAL ESTIMATION
dc.subjectEMPIRICAL MODEL
dc.subjectEMPIRICAL MODELS
dc.subjectEMPIRICAL RESULTS
dc.subjectEMPLOYMENT
dc.subjectENDOGENOUS DETERMINATION
dc.subjectEQUATIONS
dc.subjectEQUILIBRIUM
dc.subjectESTIMATION
dc.subjectEXPENDITURES
dc.subjectEXPLANATORY VARIABLES
dc.subjectEXPORTS
dc.subjectFACTOR PRICES
dc.subjectFARMS
dc.subjectFUTURE RESEARCH
dc.subjectGENERAL EQUILIBRIUM MODEL
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD MEMBERS
dc.subjectHOUSEHOLD SIZE
dc.subjectHOUSEHOLD SURVEYS
dc.subjectINCOME
dc.subjectINCOME EFFECT
dc.subjectINCOME EFFECTS
dc.subjectINCOME ELASTICITY
dc.subjectINCOME EQUATION
dc.subjectINCOME SUPPORT
dc.subjectINCOMES
dc.subjectINTERNATIONAL MARKETS
dc.subjectLABOR DEMAND
dc.subjectLABOR DEMAND FUNCTIONS
dc.subjectLABOR INPUTS
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectMARGINAL PRODUCT
dc.subjectMARKET ACCESS
dc.subjectMARKET PRICES
dc.subjectMEASUREMENT ERROR
dc.subjectMEASUREMENT ERRORS
dc.subjectMODEL
dc.subjectNATIONAL SURVEYS
dc.subjectNOMINAL INCOME
dc.subjectNORMAL GOOD
dc.subjectPOLICY RESEARCH
dc.subjectPOOR COUNTRIES
dc.subjectPOOR HOUSEHOLDS
dc.subjectPOVERTY ALLEVIATION
dc.subjectPOVERTY DEBATE
dc.subjectPRICE CHANGES
dc.subjectPRICE DIFFERENCES
dc.subjectPRICE EFFECT
dc.subjectPRICE ELASTICITIES
dc.subjectPRICE ELASTICITY
dc.subjectPRICE INCREASES
dc.subjectPRODUCER PRICES
dc.subjectPRODUCERS
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTIVE ACTIVITY
dc.subjectPROFIT MAXIMIZATION
dc.subjectPROPORTIONAL CHANGE
dc.subjectREAL INCOME
dc.subjectREAL WAGES
dc.subjectREGIONAL DUMMIES
dc.subjectRELATIVE IMPORTANCE
dc.subjectRELATIVE PRICES
dc.subjectSALES
dc.subjectSUBSTITUTION
dc.subjectSUBSTITUTION EFFECT
dc.subjectSURPLUS
dc.subjectTARIFF BARRIERS
dc.subjectTAXATION
dc.subjectTRADE BARRIERS
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE REFORMS
dc.subjectTRANSACTION COSTS
dc.subjectUTILITY FUNCTION
dc.subjectUTILITY MAXIMIZATION
dc.subjectWAGES
dc.subjectWELFARE EFFECTS
dc.subjectWORLD MARKETS
dc.subjectWTO
dc.titleEstimating Household Responses to Trade Reforms : Net Consumers and Net Producers in Rural Mexico

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