Recent Perspectives on Trade and Inequality

Harrison, Ann ; McLaren, John ; McMillan, Margaret

World Bank, Washington, DC

关键词: ACCOUNTING;    ADJUSTMENT COSTS;    AGE CATEGORIES;    AGGREGATE UNEMPLOYMENT;    AGGREGATE UNEMPLOYMENT RATE;   

DOI  :  10.1596/1813-9450-5754
RP-ID  :  WPS5754

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The 1990's dealt a blow totraditional Heckscher-Ohlin analysis of the relationshipbetween trade and income inequality, as it became clear thatrising inequality in low-income countries and other featuresof the data were inconsistent with that model. As a result,economists moved away from trade as a plausible explanationfor rising income inequality. In recent years, however, anumber of new mechanisms have been explored through whichtrade can affect(and usually increase) income inequality.These include within-industry effects due toheterogeneous?firms; effects of offshoring of tasks; effectson incomplete contracting; and effects of labor-marketfrictions. A number these mechanisms have receivedsubstantial empirical support.