University of Sussex
Browse
Magrini_Montalbano_Winters_WPS-20-2017.pdf (1.63 MB)

Vulnerability from trade in Vietnam

Download (1.63 MB)
report
posted on 2023-06-09, 08:55 authored by Emiliano Magrini, Pierluigi Montalbano, L. Alan WintersL. Alan Winters
This paper assesses vulnerability from trade in Vietnam by presenting an extended version of Ligon and Schechter’s (2003) Vulnerability as low Expected Utility (VEU) measure. It uses the VHLSS panel data covering the period 2002-06. The empirical results show that risk-induced vulnerability and heterogeneity in trade exposure matters in determining household overall vulnerability and that this is not linked to the actual manifestation of shocks. Although it does not represent, by any means, an argument against free trade, this work is relevant for policymaking since it contributes to deepen our knowledge on the subtle links between trade openness and vulnerability providing some insight on the stabilisation needs of trade reforms. These include protecting vulnerable farmers from excessive price volatility, as well as fostering their risk management strategies.

History

Publication status

  • Published

File Version

  • Published version

Publisher

Working paper series

Department affiliated with

  • Economics Publications

Institution

University of Sussex

Full text available

  • Yes

Legacy Posted Date

2017-11-20

First Open Access (FOA) Date

2017-11-20

First Compliant Deposit (FCD) Date

2017-11-20

Usage metrics

    University of Sussex (Publications)

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC