The Impact of Trade Liberalisation on Household Welfare in a Developing Country with Imperfect Labour Markets
提出一种实证方法，评估贸易价格冲击在劳动力市场不完善时对家庭福利的影响，并应用于越南1993-1998年农业贸易自由化，发现考虑市场不完善后福利收益是假设完全市场时的近四倍。
I develop an empirical methodology to assess the distributional impact of trade-induced price shocks when labour markets are imperfect. The proposed methodology relates exogenous variations in prices to changes in household welfare using a separable agricultural household model that flexibly allows the data to determine the degree of labour market imperfections. Applying this approach to Vietnam, I investigate the impact of agriculture trade liberalisation between 1993 and 1998 on overall household welfare, measured using per capita household expenditure. I find that accounting for labour market imperfections results in welfare gains that are nearly four times larger than those found when assuming complete labour markets.