China's WTO accession: impacts on regional agricultural income-- a multi-region, general equilibrium analysis uri icon

abstract

  • This study constructs a regional Computable General Equilibrium (CGE) model of China to analyze the impact of China's WTO accession on rural income. The results show that total welfare will improve but regional income gaps will widen. The agricultural sector will suffer if only agricultural trade is liberalized. Lifting both agricultural and non-agricultural trade barriers will benefit farmers at the national level. However, rural income will increase less than urban income, implying that the rural-urban income gap will widen further. Among the regions, farmers in China's least-developed rural areas will benefit little or even suffer because agriculture, especially traditional agriculture, is still an important source of their livelihood. (C) 2003 Association for Comparative Economic Studies. Published by Elsevier Inc. All rights reserved.

publication date

  • 2003
  • 2003
  • 2003