WD-9561R1_preprint.pdf (1.24 MB)
Households’ vulnerability from trade in Vietnam
journal contribution
posted on 2023-06-09, 14:58 authored by Emiliano Magrini, Pierluigi Montalbano, L. Alan WintersL. Alan WintersThis 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 Vietnam Household Living Standard Surveys (VHLSS) panel data covering the period 2002–06. The empirical results show that risk-induced vulnerability and heterogeneity in trade exposure matter 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 and informs us about suitable instruments to accompany it.
History
Publication status
- Published
File Version
- Accepted version
Journal
World DevelopmentISSN
0305-750XPublisher
ElsevierExternal DOI
Volume
112Page range
46-58Department affiliated with
- Economics Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2018-09-07First Open Access (FOA) Date
2020-08-13First Compliant Deposit (FCD) Date
2018-09-06Usage metrics
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