Umfang:
Online-Ressource (54 p)
Ausgabe:
2011 World Bank eLibrary
Inhalt:
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 support
Weitere Ausg.:
Harrison, Ann Recent Perspectives on Trade and Inequality
Sprache:
Englisch
DOI:
10.1596/1813-9450-5754
URL:
Volltext
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