Trade and income distribution: Is natural disaster an actor?
نویسندگان
چکیده
منابع مشابه
Trade Liberalization and Income Distribution
Empirical work relating trade liberalization and income distribution has identified an important anomaly. The Stolper-Samuelson theorem predicts that trade liberalization will shift income toward a country’s abundant factor. For developing countries, this suggests liberalization will principally benefit the abundant unskilled labor. Yet extensive empirical studies have identified many cases wit...
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Earlier work by Waugh (2010) suggests that asymmetric market access costs across exporting countries are a major reason for differences in real per-capita income around the globe: 25% − 50% (depending on the measure) of world income inequality could be explained by cross-country trade cost asymmetries alone. We show that these results were driven by what we call model under-specification, an il...
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In the discussions of trading, unemployment and income distribution inequality, this question is raised by economists that in economic development of developing and developed countries, which policy is necessary in the first stage. Is trading liberalization the pre-requirement of transfer from a close economy to a relative open economy and is it necessary for the developed economy compared to o...
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ژورنال
عنوان ژورنال: ECONOMICS AND BUSINESS ADMINISTRATION
سال: 2021
ISSN: 2734-9586,2734-9314
DOI: 10.46223/hcmcoujs.econ.en.11.1.1328.2021