Trade Policy and Redistribution When Preferences are Non-Homothetic

This paper compares redistribution through trade restrictions versus domestic lump-sum transfers. When preferences are non-homothetic, even domestic lump-sum transfers affect relative prices. Thus, contrary to the conventional wisdom, domestic lump-sum transfers are not necessarily superior to distortionary trade policy. The paper develops this argument in the context of the food export bans imposed by many developing countries in the late 2000s

MoreLess

Year of publication:	2017
Authors:	Đỗ-Quý-Toàn ; Levchenko, Andrei A.
Publisher:	2017: World Bank, Washington, DC
Subject:	Ernährungspolitik \| Nutrition policy \| Handelshemmnisse \| Trade barriers \| Öffentliche Sozialleistungen \| Social security benefits \| Lebensmittel \| Food \| Verteilungspolitik \| Distributive policy \| Export \| Konsumentenpräferenzen \| Consumer preferences \| Umverteilung \| Redistribution

Extent:	1 Online-Ressource
Series:	Policy Research Working Paper ; No. 8005
Type of publication:	Book / Working Paper
Language:	English
Notes:	English en_US
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012570445