Recent Perspectives on Trade and Inequality / Harrison, Ann

By: Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Publisher: World Bank, Washington, DC, 2011Description: Online-Ressource (54 p)Subject(s): Additional physical formats: Harrison, Ann: Recent Perspectives on Trade and Inequality DOI: DOI: 10.1596/1813-9450-5754Online resources: Summary: 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 these mechanisms have received substantial empirical supportPPN: PPN: 834971348Package identifier: Produktsigel: ZDB-110-WBL | ZDB-1-WBA | ZDB-110-WBO
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Reproduktion, 2011. (World Bank eLibrary) |2011||||||||||

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