Income Distribution, Factor Endowments, and Trade Openness
نویسندگان
چکیده
منابع مشابه
Openness of Trade, Unemployment and Inequality of Income Distribution: Comparison between Developed and Developing Countries
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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We develop a stochastic model of electoral competition in order to study the economic and political determinants of trade policy. We model a small open economy with two tradable goods, each of which is produced using a sectorspecific factor (e.g., land and capital) and another factor that is mobile between these tradable sectors (labor); one nontradable good, which is also produced using a spec...
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Article history: Received 16 September 2012 Received in revised form 14 November 2013 Accepted 23 November 2013 Available online 6 December 2013 JEL classification: F22 J61 O4
متن کاملTrade 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...
متن کاملTrade openness, capital openness and government size
This paper provides empirical evidence of the relation between trade openness, capital openness and government expenditures in a cross-sectional time-series context. It is shown that capital openness is significantly and negatively related to government expenditures in line with the conventional wisdom that capital mobility may undermine the ability of governments to maintain larger public sect...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 1997
ISSN: 1556-5068
DOI: 10.2139/ssrn.1815982