Recent findings on trade and inequality

dc.creatorHarrison, Ann
dc.creatorMcLaren, John
dc.creatorMcMillan, Margaret S.
dc.date2010
dc.date2024-10-01T14:04:18Z
dc.date2024-10-01T14:04:18Z
dc.date.accessioned2026-06-27T15:18:05Z
dc.descriptionThe 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.
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/154845
dc.identifier.urihttp://hdl.handle.net/123456789/100454
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.rightsOpen Access
dc.sourceHarrison, Ann; McLaren, John; McMillan, Margaret S. 2010. Recent findings on trade and inequality. IFPRI Discussion Paper 1047. https://hdl.handle.net/10568/154845
dc.subjectagriculture
dc.titleRecent findings on trade and inequality
dc.typeWorking Paper

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