Distributional Effects of International Trade

• Tác giả: Erhan Artuc
• Ngôn ngữ: eng
• Ký hiệu phân loại: 339.2 Distribution of income and wealth
• Thông tin xuất bản: World Bank, Malaysia, 2021
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 316459
• Chủ đề: 1. COMPENSATING LOSERS; 2. DISTRIBUTIONAL IMPACT; 3. INTERNATIONAL TRADE; 4. LABOR MARKET REMOTENESS; 5. LABOR MOBILITY

Tóm tắt

International trade increases efficiency but also redistributes income, thus creating winners and losers. To account for the total impact and calculate redistributive effects correctly and fully, the different channels of gains and losses must be measured precisely. This Brief shows that measuring the gains is often much more challenging than measuring the losses, generating misconceptions and an overstatement of the adverse impacts of international trade. To assess the effects of trade shocks objectively, and to promote effective policy options, policy makers must be aware of thelimitations in data and methodology surrounding the research on the distributional effects of international trade, and the misconceptions that ensue.