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Whether gains from trade are equally distributed within countries is the subject of a lively debate. This paper presents a novel framework to analyse the distributional effects of trade policy by linking the OECD’s CGE trade model, METRO, with consumption expenditure data from household budget...
Persistent link: https://www.econbiz.de/10012432844
Abstract Does more wealth inequality lead to more inequitable trade policies? To answer this question, this study … wealth inequality leads to more equitable trade policies. In a pro-capitalist regime, an increase in wealth inequality leads … to more inequitable trade policies. Using cross-country data on political ideology, wealth inequality and different …
Persistent link: https://www.econbiz.de/10014587617
Does more wealth inequality lead to more inequitable trade policies? To answer this question, this study develops a … political economy model of international trade theory and predicts that in a pro-worker regime, an increase in wealth inequality … leads to more equitable trade policies. In a pro-capitalist regime, an increase in wealth inequality leads to more …
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Trade policy has been one of the most important issues in agricultural economics for more than 200 years. Our focus here is on evaluating relatively recent contributions to the understanding of agricultural trade policy and trade agreements. We present some background concerning trade policies...
Persistent link: https://www.econbiz.de/10014024088
International economic sanctions have become increasingly important as alternatives to military conflict since the end of the Cold War. This chapter surveys various approaches to the study of economic sanctions in both the economics and international relations literatures. Sanctions may be...
Persistent link: https://www.econbiz.de/10014024402