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来源类型Working Paper
规范类型报告
DOI10.3386/w28957
来源IDWorking Paper 28957
The Distributional Effects of Trade: Theory and Evidence from the United States
Kirill Borusyak; Xavier Jaravel
发表日期2021-06-28
出版年2021
语种英语
摘要How much do consumption patterns matter for the impact of international trade on inequality? In neoclassical trade models, the effects of trade shocks on consumers' purchasing power are governed by the shares of imports in consumer expenditures, under no parametric assumptions on preferences and technology. This paper provides in-depth measurement of import shares across the income distribution in the United States, using new datasets linking expenditure and customs microdata. Contrary to common wisdom, we find that import shares are flat throughout the income distribution: the purchasing-power gains from lower trade costs are distributionally neutral. Accounting for changes in wages in addition to prices in a unified nonparametric framework, we find substantial distributional effects that arise within, but not across, income and education groups. There is little impact of a fall in trade costs on inequality, even though trade shocks generate winners and losers at all income levels, via wage changes.
主题Microeconomics ; Welfare and Collective Choice ; International Economics ; Trade ; Globalization and International Relations
URLhttps://www.nber.org/papers/w28957
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586631
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GB/T 7714
Kirill Borusyak,Xavier Jaravel. The Distributional Effects of Trade: Theory and Evidence from the United States. 2021.
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