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Author: A. R. Kemal
Publisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 38
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Book Description
Author: A. R. Kemal
Publisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 38
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Book Description
Author: Rizwana Siddiqui
Publisher:
ISBN: 9789694611068
Category :
Languages : en
Pages : 23
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Book Description
Author: Branko Milanovi?
Publisher: World Bank Publications
ISBN:
Category : Foreign trade regulation
Languages : en
Pages : 64
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Book Description
The objective of the paper is to answer an often-asked question : if tariff rates are reduced, what will happen to wage inequality ? We consider two types of wage inequality : between occupations (skills premium), and between industries. We use two large data bases of wage inequality that have become recently available and a large dataset of average tariff rates all covering the period between 1980 and 2000. We find that tariff reduction is associated with higher inter-occupational and inter-industry inequality in poorer countries (those below the world median income) and the reverse in richer countries. The results for inter-occupational inequality though must be treated with caution.
Author: Tom Krebs
Publisher: World Bank Publications
ISBN:
Category : Commercial policy
Languages : en
Pages : 51
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Book Description
"This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and uses the estimates of this empirical analysis to evaluate the welfare effect of trade reform. The analysis proceeds in three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the relationship between trade policy and income risk. Finally, a simple dynamic incomplete-market model is used to assess the corresponding welfare costs. In the implementation of this methodology using Mexican data, we find that trade policy changes have a significant short run effect on income risk. Further, while the tariff level has an insignificant mean effect, it nevertheless changes the degree to which macroeconomic shocks affect income risk"--NBER website
Author: Sebastian Galiani
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 29
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Book Description
Author: Rajat Acharyya
Publisher: Cambridge University Press
ISBN: 1009354671
Category : Business & Economics
Languages : en
Pages : 153
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Book Description
Given the increasing sensitivity of buyers in the richer countries towards quality of goods they consume, low-quality exports largely constrain export-growth of the developing countries. This Element documents the attempts to estimate cross-country quality variations and reviews the demand side and supply side explanations for the low-quality phenomenon. It examines how trade policies can incentivize export-quality upgrading, and discusses the underlying channels through which a reverse causality from export-quality upon within-country income or wage inequality may develop.
Author: David Dollar
Publisher: World Bank Publications
ISBN:
Category : Developing countries
Languages : en
Pages : 46
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Book Description
The evidence from individual cases and from cross-country analysis supports the view that globalization leads to faster growth and poverty reduction in poor countries.
Author: Rizwana Siddiqui
Publisher:
ISBN:
Category :
Languages : en
Pages : 27
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Book Description
Author: Branko Milanovic
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The objective of the paper is to answer an often asked question: If tariff rates are reduced, what will happen to wage inequality? The authors consider two types of wage inequality: between occupations (skills premium) and between industries. They use two large databases of wage inequality that have recently become available and a large data set of average tariff rates covering the period between 1980 and 2000. The authors find that tariff reduction is associated with higher inter-occupational and inter-industry inequality in poorer countries (those below the world median income) and the reverse in richer countries. However, the results for inter-occupational inequality must be treated with caution.
Author: Davide Furceri
Publisher: International Monetary Fund
ISBN: 1484390067
Category : Business & Economics
Languages : en
Pages : 57
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Book Description
We study the macroeconomic consequences of tariffs. We estimate impulse response functions from local projections using a panel of annual data that spans 151 countries over 1963-2014. We find that tariff increases lead, in the medium term, to economically and statistically significant declines in domestic output and productivity. Tariff increases also result in more unemployment, higher inequality, and real exchange rate appreciation, but only small effects on the trade balance. The effects on output and productivity tend to be magnified when tariffs rise during expansions, for advanced economies, and when tariffs go up, not down. Our results are robust to a large number of perturbations to our methodology, and we complement our analysis with industry-level data.
