Recent Perspectives on Trade and Inequality

• Tác giả: Ann Harrison
• Ngôn ngữ: eng
• Ký hiệu phân loại: 339.22 Distribution of aggregate personal income and wealth
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 302706
• Chủ đề: 1. ACCOUNTING; 2. ADJUSTMENT COSTS; 3. AGE CATEGORIES; 4. AGGREGATE UNEMPLOYMENT; 5. AGGREGATE UNEMPLOYMENT RATE

Tóm tắt

 The 1990's dealt a blow to traditional Heckscher-Ohlin analysis of the relationship between trade and income inequality, as it became clear that rising inequality in low-income countries and other features of the data were inconsistent with that model. As a result, economists moved away from trade as a plausible explanation for rising income inequality. In recent years, however, a number of new mechanisms have been explored through which trade can affect(and usually increase) income inequality. These include within-industry effects due to heterogeneous?firms
  effects of offshoring of tasks
  effects on incomplete contracting
  and effects of labor-market frictions. A number these mechanisms have received substantial empirical support.