Trade Reform in South Africa: Impacts on Households
نویسندگان
چکیده
Using a calibrated general equilibrium model of the South African economy, with 24 types of households identified by ethnic background and income classification, and labor disaggregated into 13 different categories, this paper assesses the impacts of trade reform on household incomes and income distribution. Our general conclusion is that trade reform will most likely improve the average welfare of black households but reduce that of white households. Within ethnic groups, richer black and poorer white households stand to benefit.
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