Recent perspectives on trade and inequality
The 1990s 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...
| Autores principales: | , , |
|---|---|
| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Annual Reviews
2011
|
| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/154849 |
| _version_ | 1855523820013617152 |
|---|---|
| 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 1990s 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, the effects of offshoring of tasks, effects on incomplete contracting, and the effects of labor-market frictions. A number of these mechanisms have received substantial empirical support. |
| format | Journal Article |
| id | CGSpace154849 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2011 |
| publishDateRange | 2011 |
| publishDateSort | 2011 |
| publisher | Annual Reviews |
| publisherStr | Annual Reviews |
| record_format | dspace |
| spelling | CGSpace1548492024-10-25T07:57:15Z Recent perspectives on trade and inequality Harrison, Ann McLaren, John McMillan, Margaret S. trade equality globalization The 1990s 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, the effects of offshoring of tasks, effects on incomplete contracting, and the effects of labor-market frictions. A number of these mechanisms have received substantial empirical support. 2011-09 2024-10-01T14:04:19Z 2024-10-01T14:04:19Z Journal Article https://hdl.handle.net/10568/154849 en http://documents.worldbank.org/curated/en/219121468740379753/A-framework-for-information-management Limited Access Annual Reviews Harrison, Ann; McLaren, John; McMillan, Margaret S. 2011. Recent perspectives on trade and inequality. Annual Review of Economics 3: 261-289. https://doi.org/10.1146/annurev.economics.102308.124451 |
| spellingShingle | trade equality globalization Harrison, Ann McLaren, John McMillan, Margaret S. Recent perspectives on trade and inequality |
| title | Recent perspectives on trade and inequality |
| title_full | Recent perspectives on trade and inequality |
| title_fullStr | Recent perspectives on trade and inequality |
| title_full_unstemmed | Recent perspectives on trade and inequality |
| title_short | Recent perspectives on trade and inequality |
| title_sort | recent perspectives on trade and inequality |
| topic | trade equality globalization |
| url | https://hdl.handle.net/10568/154849 |
| work_keys_str_mv | AT harrisonann recentperspectivesontradeandinequality AT mclarenjohn recentperspectivesontradeandinequality AT mcmillanmargarets recentperspectivesontradeandinequality |