Adam, Antonis; Katsimi, Margarita; Moutos, Thomas - CESifo - 2008
In this paper we build a model of trade in vertically differentiated products and find that income inequality can … inequality on the demand for imports is then assessed by examining panel data for 36 developing and developed countries for the … 1980-1997 period. We find significant evidence supporting our prediction that inequality has a large influence on the …