Trade and Income in the Long Run : Are There Really Gains, and Are They Widely Shared? /

In the cross section of countries, there is a strong positive correlation between trade and income, and a negative relationship between trade and inequality. Does this reflect a causal relationship? We adopt the Frankel and Romer (1999) identification strategy, and exploit countries' exogenous...

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Dettagli Bibliografici
Autore principale: Cerdeiro, Diego
Altri autori: Komaromi, Andras
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2017.
Serie:IMF Working Papers; Working Paper ; No. 2017/231
Accesso online:Full text available on IMF