Recent findings on trade and inequality

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...

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Detalles Bibliográficos
Autores principales: Harrison, Ann, McLaren, John, McMillan, Margaret S.
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2010
Materias:
Acceso en línea:https://hdl.handle.net/10568/154845
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author Harrison, Ann
McLaren, John
McMillan, Margaret S.
author_browse Harrison, Ann
McLaren, John
McMillan, Margaret S.
author_facet Harrison, Ann
McLaren, John
McMillan, Margaret S.
author_sort Harrison, Ann
collection Repository of Agricultural Research Outputs (CGSpace)
description 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 of these mechanisms have received substantial empirical support.
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spelling CGSpace1548452025-11-06T06:20:44Z Recent findings on trade and inequality Harrison, Ann McLaren, John McMillan, Margaret S. agriculture 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 of these mechanisms have received substantial empirical support. 2010 2024-10-01T14:04:18Z 2024-10-01T14:04:18Z Working Paper https://hdl.handle.net/10568/154845 en Open Access application/pdf International Food Policy Research Institute Harrison, Ann; McLaren, John; McMillan, Margaret S. 2010. Recent findings on trade and inequality. IFPRI Discussion Paper 1047. https://hdl.handle.net/10568/154845
spellingShingle agriculture
Harrison, Ann
McLaren, John
McMillan, Margaret S.
Recent findings on trade and inequality
title Recent findings on trade and inequality
title_full Recent findings on trade and inequality
title_fullStr Recent findings on trade and inequality
title_full_unstemmed Recent findings on trade and inequality
title_short Recent findings on trade and inequality
title_sort recent findings on trade and inequality
topic agriculture
url https://hdl.handle.net/10568/154845
work_keys_str_mv AT harrisonann recentfindingsontradeandinequality
AT mclarenjohn recentfindingsontradeandinequality
AT mcmillanmargarets recentfindingsontradeandinequality