The Impact of Structural Reforms on Poverty : A Simple Methodology with Extensions

Structural reforms are often designed to change the prices of key goods and services. Since the overall intention of such reforms is the reduction of poverty, it is important to understand how the resulting price changes affect the poor. However, organizations seeking to provide timely advice to policymakers in developing countries often do not have the data and resources needed to undertake the most sophisticated approaches to such analysis. McCulloch outlines a simple methodology based on the analysis of household survey data to estimate the first-order impact of a variety of structural reforms. He also elaborates on the ways in which this methodology may be extended in a flexible way to account for particular features of a country in question. Finally, he outlines the direction of some extensions on the approach to tackle dynamics, risk, and qualitative poverty analysis.

Bibliographic Details

Main Author:	McCulloch, Neil
Language:	English en_US
Published:	World Bank, Washington, DC 2003-08
Subjects:	AGRICULTURAL PRODUCTION, CONSUMER PRICES, CONSUMERS, CONSUMPTION INCREASES, CROSS-SECTIONAL DATA, DEMAND ELASTICITY, DEMAND FUNCTIONS, DEVELOPED COUNTRIES, DEVELOPING COUNTRIES, DISTRIBUTIONAL IMPACT, DIVIDENDS, ECONOMIC DEVELOPMENT, ECONOMIC POLICIES, ECONOMIC REFORMS, ELASTICITIES, EMPIRICAL EVIDENCE, EMPLOYMENT, EQUILIBRIUM, EXOGENOUS CHANGES, EXPENDITURES, FACTOR DEMAND, FACTOR INCOME, FARMS, FISH, FORESTRY, FUNCTIONAL FORM, FUNCTIONAL FORMS, FUTURE RESEARCH, GENERAL EQUILIBRIUM MODEL, HOUSEHOLD DATA, HOUSEHOLD INCOME, HOUSEHOLD SURVEYS, INCOME, INCOME SHARE, INCOME SOURCES, INCOMES, INTERNATIONAL TRADE, LABOUR MARKET, LABOUR MARKETS, LABOUR SUPPLY, LAND OWNERSHIP, LDCS, LOW INCOME, MACROECONOMIC REFORMS, MACROECONOMIC STABILITY, MARKET SHARE, MARKETING, NEGATIVE EXTERNALITIES, PER CAPITA CONSUMPTION, POLICY REFORMS, POLICY RESEARCH, POOR GROWTH, POOR HOUSEHOLDS, POSITIVE IMPACT, POVERTY ALLEVIATION, POVERTY ANALYSIS, POVERTY IMPACT, POVERTY INCIDENCE, POVERTY REDUCTION, PRICE CHANGES, PRICE ELASTICITIES, PRICE ELASTICITY, PRICE ELASTICITY OF DEMAND, PRICE ELASTICITY OF SUPPLY, PRICE INCREASES, PRODUCER PRICES, PRODUCERS, PRODUCTION INCREASES, PROPORTIONAL INCREASE, REAL WAGE, RELATIVE IMPORTANCE, RESOURCE ALLOCATION, SALES, SENSITIVITY ANALYSIS, SERIES DATA, SPREAD, STRUCTURAL ADJUSTMENT, SUBSTITUTION, SUPPLY ELASTICITY, SUPPLY FUNCTIONS, TAXATION, TIME SERIES, TRADE LIBERALIZATION, TRANSACTION COSTS, WAGES, WELFARE EFFECTS, WTO, ZERO ELASTICITY STRUCTURAL REFORMS, POLICY MAKING, METHODOLOGY, CULTIVATION, CROPS, LIVESTOCK, FISHERIES, FARMING, LABOR MARKET, ZERO ELASTICITY, STRUCTURAL REFORMS,
Online Access:	http://documents.worldbank.org/curated/en/2003/08/2511636/impact-structural-reforms-poverty-simple-methodology-extensions https://hdl.handle.net/10986/18115
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