Revisiting the Link between Trade, Growth and Inequality : Lessons for Latin America and the Caribbean /

We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic growth...

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书目详细资料
主要作者: Beaton, Kimberly
其他作者: Cebotari, Aliona, Komaromi, Andras
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2017.
丛编:IMF Working Papers; Working Paper ; No. 2017/046
在线阅读:Full text available on IMF
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100 1 |a Beaton, Kimberly. 
245 1 0 |a Revisiting the Link between Trade, Growth and Inequality :   |b Lessons for Latin America and the Caribbean /  |c Kimberly Beaton, Aliona Cebotari, Andras Komaromi. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2017. 
300 |a 1 online resource (42 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic growth and inequality considering the strength of trade connections as well as characteristics of countries' export markets and products. Second, we consider event studies of past episodes of trade liberalization to extract general lessons on the impact of trade liberalization on economic growth and its structure and inequality. Both approaches consistently point to two broad messages: First, trade openness and connectivity to the center of the trade network has substantial macroeconomic benefits. Second, we do not find a statistically significant or economically sizable direct impact of trade on overall income inequality. 
538 |a Mode of access: Internet 
700 1 |a Cebotari, Aliona. 
700 1 |a Komaromi, Andras. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2017/046 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2017/046/001.2017.issue-046-en.xml  |z IMF e-Library