Trade openness and income inequality: New empirical evidence.
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970–2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across countr...
| Publicado en: | Economic Inquiry Vol. 60; no. 1; pp. 202 - 224 |
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| Autores principales: | , , |
| Formato: | Artículo |
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Wiley-Blackwell
Jan2022
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=154222453&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 154222453 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Jan2022 vid: 60 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 154222453 10.1111/ecin.13018 ppf: 202 ppct: 22 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 983KB tig: atl: Trade openness and income inequality: New empirical evidence. aug: au: Dorn, Florian Fuest, Clemens Potrafke, Niklas affil: ifo Institute, Munich, Germany Department of Economics, University of Munich (LMU), Munich, Germany CESifo, Munich, Germany su: China Income inequality Emerging markets Transition economies Openness to experience sug: subj: Income inequality Emerging markets Transition economies Openness to experience China keyword: development levels globalization income inequality instrumental variable estimation panel econometrics trade openness transition economies development levels globalization income inequality instrumental variable estimation panel econometrics trade openness transition economies ab: We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970–2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across countries. Trade openness tends to disproportionately benefit the relative income shares of the very poor, but not necessarily all poor, in emerging and developing economies. In most advanced economies, trade openness increased income inequality, an effect that is driven by outliers. Our results suggest a strong effect of trade openness on inequality in China and transition countries. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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