Zhai, FanHertel, Thomas2017-09-072017-09-072009-06https://hdl.handle.net/10986/28156Capitalizing on the most recent estimates of agricultural price distortions in China and in other countries, this paper assesses the economic and poverty impact of global and domestic trade reform in China. It also examines the interplay between the trade reforms and factor market reforms aimed at improving the allocation of labor within the Chinese economy. The results suggest that trade reforms in the rest of the world, land reform and hukou reform all serve to reduce poverty, while unilateral trade reforms result in a small poverty increase. Agricultural distortions are important factors in determining the distributional and poverty effects of trade reform packages, although their impacts on aggregate trade and welfare appear to be small. A comprehensive reform package which bundles the reforms in commodity and factor markets together may benefit all broad household groups in China.en-USCC BY 3.0 IGOABSOLUTE POVERTYACCOUNTINGADVERSE IMPACTSAGRICULTURAL EMPLOYMENTAGRICULTURAL LANDAGRICULTURAL LIBERALIZATIONAGRICULTURAL OUTPUTAGRICULTURAL POLICYAGRICULTURAL PRICEAGRICULTURAL PRICESAGRICULTURAL PRODUCTIONAGRICULTURAL PRODUCTSAGRICULTURAL SECTORAGRICULTURAL WAGESAGRICULTUREBASE YEARBENCHMARKBENCHMARK DATACAPITAL STOCKSCOMMERCECOMMUNAL LANDCONSTANT RETURNS TO SCALECONSUMER PRICESDEMAND CURVESDEVELOPING COUNTRIESDEVELOPING COUNTRYDEVELOPMENT BANKDEVELOPMENT ECONOMICSDISPOSABLE INCOMEDRIVERSECONOMIC DEVELOPMENTECONOMIC EFFECTECONOMIC GROWTHECONOMIC RESEARCHECONOMIC SYSTEMSELASTICITYELASTICITY OF SUBSTITUTIONEQUIPMENTEXPENDITUREEXPORT MARKETSEXPORTEREXPORTERSEXPORTSFACTOR MARKETSFACTOR PRICESFARM ACTIVITIESFARM EMPLOYMENTFARM HOUSEHOLDSFARM SECTORFARM WORKFARM WORKERSFARMERSFOOD CONSUMPTIONFOOD IMPORTSFOOD PRICESFOOD PRODUCTSFOREIGN CURRENCYGDPGDP DEFLATORGENERAL EQUILIBRIUMGENERAL EQUILIBRIUM MODELSGINI COEFFICIENTGLOBAL POVERTYGLOBAL TRADEHOUSEHOLD INCOMEHOUSEHOLD SURVEYHOUSEHOLD WELFAREHOUSING SUBSIDIESINCOMEINCOME DIFFERENTIALINCOME DIFFERENTIALSINCOME DISTRIBUTIONINCOME GAPINCOME GROWTHINCOME INEQUALITYINCOME LEVELINCOME LEVELSINCOME TAXINDICATORS OF POVERTYINEQUALITYLABOR ALLOCATIONLABOR FORCELABOR MARKETSLABOR MIGRATIONLABOR MOBILITYLABOR MOVEMENTLABOR SUPPLYLAND OWNERSHIPLAND REFORMLAND REFORMSMACROECONOMIC EFFECTSMARGINAL COSTMARGINAL VALUEMARKET DISTORTIONMARKET DISTORTIONSMARKET REFORMMARKET REFORMSMARKETIZATIONMERCHANDISEMERCHANDISE TRADEMIGRANT LABORMOBILITY OF LABORMULTILATERAL TRADENATIONAL POVERTYNUTRITIONOPEN MARKETOPPORTUNITY COSTOUTPUT LOSSESOUTPUTSPER CAPITA INCOMEPERFECT COMPETITIONPOORPORTFOLIOPOVERTY ESTIMATESPOVERTY HEADCOUNT RATEPOVERTY IMPACTPOVERTY INCIDENCEPOVERTY INCREASEPOVERTY LINEPOVERTY REDUCTIONPOVERTY REDUCTION STRATEGIESPRICE DISTORTIONSPRICE INCREASESPRICE VARIATIONPRODUCTIVITYPROPERTY RIGHTSREAL EXCHANGE RATEREAL GDPREAL INCOMEREAL WAGESREGISTRATION SYSTEMRENTSRETURNRETURNSRURALRURAL ACTIVITIESRURAL AREASRURAL ECONOMYRURAL HOUSEHOLDRURAL HOUSEHOLDSRURAL INCOMERURAL INCOMESRURAL INEQUALITYRURAL LABORRURAL LABOR MARKETRURAL MIGRANTSRURAL POLICYRURAL POORRURAL POPULATIONRURAL POVERTYRURAL POVERTY REDUCTIONRURAL SECTORRURAL WAGESRURAL WORKERSSAVINGSSPREADSTOCKSSUBSTITUTESUPPLY ELASTICITYTARIFF REVENUETAXTAX RATETRADE BARRIERSTRADE LIBERALIZATIONTRADE POLICIESTRADE POLICYTRADE REFORMSTRANSACTIONTRANSACTION COSTSTRANSACTIONS COSTSTRUST FUNDSUNEMPLOYMENTUNSKILLED LABORUNSKILLED WORKERSURBAN EMPLOYMENTWAGE RATESWEALTHWTOWorking PaperWorld Bank10.1596/28156