Income and equity effects of crop productivity growth under alternative foreign trade regimes: a CGE analysis for the Philippines

dc.creatorBautista, Romeo M.
dc.creatorRobinson, Sherman
dc.date1997
dc.date2025-01-29T12:58:26Z
dc.date2025-01-29T12:58:26Z
dc.date.accessioned2026-06-27T14:57:42Z
dc.descriptionDoes a restrictive foreign trade regime reduce the effectiveness of agricultural productivity growth in promoting overall income growth and equity? Based on counterfactual simulations using a multi-sector, computable general equilibrium (CGE) model of the Philippine economy, this paper investigates quantitatively the economywide income and equity effects of crop productivity growh during the "green revolution period" 1965-80 under alternative trade policies. The results indicate an inequitable distribution of household income gains under the historical, highly restrictive, trade regime. Trade liberalization is found to favor rural over urban households; small-farm households are the biggest gainers among the five household groups, while Metro Manila households are the biggest losers. Such positive redistributive impact is larger the greater is the extent of trade liberalization. The effect on gross domestic product is also significantly positive, so that the movement towards an open trade regime does not involve a tradeoff between the twin objectives of growth and equity.
dc.identifierhttps://hdl.handle.net/10568/171610
dc.identifier.urihttp://hdl.handle.net/123456789/90579
dc.languageen
dc.rightsLimited Access
dc.sourceBautista, Romeo M.; Robinson, Sherman. 1997. Income and equity effects of crop productivity growth under alternative foreign trade regimes: a CGE analysis for the Philippines. Asian Journal of Agricultural Economics 2(2): 177-194.
dc.subjecteconomic situation
dc.subjectcrops
dc.subjectincome
dc.subjecttrade
dc.subjectmathematical models
dc.subjectcomputable general equilibrium models
dc.titleIncome and equity effects of crop productivity growth under alternative foreign trade regimes: a CGE analysis for the Philippines
dc.typeJournal Article

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