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Trade Liberalization and Income Distribution in Vietnam: Dynamic CGE Approach*
Asian Economic Journal ( IF 1.121 ) Pub Date : 2021-02-05 , DOI: 10.1111/asej.12224
Manh Toan Nguyen , Tung Lam Dang , Thi Hong Hanh Huynh

This study examines the influence of trade liberalization on income distribution among different household groups in Vietnam using the dynamic computable general equilibrium (CGE) framework. To accomplish this objective, we developed a multi‐sector, multi‐household dynamic CGE model and the corresponding social accounting matrix for Vietnam. Our simulation results show that in the long run, all household groups can enjoy an improvement in their welfare because the increase in the budget for consumption of all groups is large enough to outweigh the negative effect of changes in consumption prices. We also find that while trade liberalization is positively associated with economic growth and national welfare, it also increases the income disparities between rich and poor households, between rural and urban areas, and among rural people as well as among urban people.

中文翻译:

越南的贸易自由化和收入分配:动态CGE方法*

这项研究使用动态可计算一般均衡(CGE)框架研究了贸易自由化对越南不同家庭群体之间收入分配的影响。为了实现这一目标,我们为越南开发了一个多部门,多户的动态CGE模型和相应的社会核算矩阵。我们的模拟结果表明,从长远来看,所有家庭群体的福利都可以得到改善,因为所有群体的消费预算增加量足以抵消消费价格变化带来的负面影响。我们还发现,尽管贸易自由化与经济增长和国民福利呈正相关,但它也加剧了贫富家庭之间,城乡之间的收入差距,
更新日期:2021-02-05
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