Agricultural trade liberalisation financing and its impact on poverty in Ghana

Relative Impact of Various Taxes on Poverty in Ghana

“…The result is in conformity to the findings of Leith et al (2003) and Dartanto (2010) who argued that increase in import tariffs hurts all workers groups and therefore worsen poverty. Bhasin (2011) also argued that eliminating import tariffs on both industrial and agricultural goods reduce the incident, depth and severity of poverty and therefore improve the poverty conditions in Ghana. Bhasin (2011) andCorong (2008) further argued that, when the import taxes are eliminated, producers benefit from relatively low price inputs for production thereby driving cost of production down.…”

“…Bhasin (2011) also argued that eliminating import tariffs on both industrial and agricultural goods reduce the incident, depth and severity of poverty and therefore improve the poverty conditions in Ghana. Bhasin (2011) andCorong (2008) further argued that, when the import taxes are eliminated, producers benefit from relatively low price inputs for production thereby driving cost of production down. While consumers on the other hand also benefit from availability of variety of goods and the spill over effect of the backward and forward inter-sector linkages.…”

“…Studies have also indicated that it is not the amount of taxes imposed on the citizenry by the state that have a greater impact on per capita GDP and by extension, per capita consumption, rather it is the relative changes in the various tax types which permit the state to raise some funds for development while allowing the citizen too to retain some wealth (Myles, 2009 andArnold, 2008). The model specification follows argument by researchers such as Mabugu et al (2014), Bhasin (2011), Dartanto (2010 and Ackah and Ayertey (2012) who argued that the various taxes reduce the relative wealth of the individual and therefore have consequences for poverty. The study controlled Personal Remittances Received as an economic variable.…”

Effects of Wheat and Fish Trade Restriction Policies on Households’ Vulnerability to Poverty in Nigeria

“…Based on that, the study merged the two approaches such that a macro-micro modeling framework which specifically integrated twelve household categories into a CGE model was achieved. This is a case of a representative household model approach in general equilibrium analysis of distributional implications of macroeconomic shocks and policies (Cockburn, 2001;Bhasin, 2008;Nkang, 2013).…”