G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w9086
来源IDWorking Paper 9086
Trade with Labor Market Distortions and Heterogeneous Labor: Why Trade Can Hurt
Kala Krishna; Abhiroop Mukhopadhyay; Cemile Yavas
发表日期2002-07-25
出版年2002
语种英语
摘要This paper explains the differential impacts of trade on countries in terms of institutional differences which result in factor market distortions. We modify the Ricardian, Specific Factor and Hecksher Ohlin models of trade to capture these. Trade has both terms of trade effects and output effects. Both work to raise welfare in an undistorted economy. In a distorted economy, price effects work to improve welfare, while output effects work to reduce it. Large distorted countries are more likely to lose from trade as beneficial price effects are lower. In addition the greater the substitutability between goods, the more likely it is that welfare rises through trade.
主题International Economics ; Trade ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w9086
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/566695
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GB/T 7714
Kala Krishna,Abhiroop Mukhopadhyay,Cemile Yavas. Trade with Labor Market Distortions and Heterogeneous Labor: Why Trade Can Hurt. 2002.
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