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An Agricultural Household Model with Tariffs

In: The Inequality Adjusted Gains from Trade

Author

Listed:
  • Erhan Artuc

    (World Bank)

  • Guido Porto

    (Universidad Nacionale de La Plata)

  • Bob Rijkers

    (World Bank)

Abstract

In this chapter, we develop a detailed model that defines how trade protection affects the real income of the household. We first discuss the determinants of household welfare before turning to the impacts of tariff cuts. In the presentation of the model, we explore different modeling assumptions, how they relate to the available data, and we discuss how those assumptions affect the calculations of the welfare effects of trade policy.

Suggested Citation

  • Erhan Artuc & Guido Porto & Bob Rijkers, 2022. "An Agricultural Household Model with Tariffs," Economic Studies in Inequality, Social Exclusion, and Well-Being, in: The Inequality Adjusted Gains from Trade, chapter 0, pages 5-11, Springer.
    • Handle: RePEc:spr:esichp:978-3-030-93060-8_2
    DOI: 10.1007/978-3-030-93060-8_2
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