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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w10800 |
来源ID | Working Paper 10800 |
Inequality, Nonhomothetic Preferences, and Trade: A Gravity Approach | |
Muhammed Dalgin; Devashish Mitra; Vitor Trindade | |
发表日期 | 2004-09-27 |
出版年 | 2004 |
语种 | 英语 |
摘要 | In this paper, we show that inequality is an important determinant of import demand, in that it augments the standard gravity model in a significant way. We interpret this result with the aid of a model in which tastes are nonhomothetic. Classification of products, based on the correlation between household budget shares in the US and income, into "luxuries" and "necessities," works very well in our analysis when we restrict the analysis to developed importing countries. While the imports of luxuries increase with the importing country's inequality, imports of necessities decrease with it. Furthermore, we find that an increase in the level of inequality in the importing country generally leads to an increase in imports from developed countries, and to a reduction in imports from low-income countries. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w10800 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568432 |
推荐引用方式 GB/T 7714 | Muhammed Dalgin,Devashish Mitra,Vitor Trindade. Inequality, Nonhomothetic Preferences, and Trade: A Gravity Approach. 2004. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w10800.pdf(271KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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