Globalization and Income Distribution
نویسندگان
چکیده
منابع مشابه
Globalization and Income Distribution: A Specific Factors Continuum Approach∗
Does globalization widen inequality or increase income risk? Globalization amplifies the effect of idiosyncratic relative productivity shocks. But wider markets reduce the effect of economy-wide supply shocks on world prices. Both forces are at work in the specific factors continuum model of this paper. Ex post equilibrium exhibits positive (negative) premia for export (import-competing) sector...
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Utilizing simulation approach, this paper examines if the income distribution inequality of a country expands through globalization and/or innovation, somewhat modifying the traditional Heckscher–Ohlin model. First, independently of innovation, the globalization is examined for a country A with two industries (commodities) and four consumers: the (aggregate) worker, the (aggregate) capitalist, ...
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ژورنال
عنوان ژورنال: Equinox Journal of Economics Business and Political Studies
سال: 2021
ISSN: 2687-4695
DOI: 10.48064/equinox.840876