Trade and income in the long run: are there really gains, and are they widely shared?

In the cross section of countries, there is a strong positive correlation between trade and income, and a negative relationship between trade and inequality. Does this reflect a causal relationship? We adopt the Frankel and Romer (1999) identification strategy, and exploit countries' exogenous...

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Veröffentlicht in:	IMF working paper 2017-11, Vol.17 (231), p.1
1. Verfasser:	Cerdeiro, Diego A
Format:	Artikel
Sprache:	eng
Schlagworte:	Außenhandel Einkommen Gravitationsmodell Income distribution Soziale Ungleichheit Wirtschaftswachstum
Online-Zugang:	Volltext
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