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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28957 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w28957 |
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/586631 |
推荐引用方式 GB/T 7714 | Kirill Borusyak,Xavier Jaravel. The Distributional Effects of Trade: Theory and Evidence from the United States. 2021. |
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 | ||
w28957.pdf(586KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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