Distributional Effects of International Trade : Misconceptions about Losses and Gains
International trade increases efficiency but also redistributes income, thus creating winners and losers. To account for the total impact and calculate redistributive effects correctly and fully, the different channels of gains and losses must be measured precisely. This Brief shows that measuring the gains is often much more challenging than measuring the losses, generating misconceptions and an overstatement of the adverse impacts of international trade. To assess the effects of trade shocks objectively, and to promote effective policy options, policy makers must be aware of thelimitations in data and methodology surrounding the research on the distributional effects of international trade, and the misconceptions that ensue.
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Format: | Brief biblioteca |
Language: | English |
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World Bank, Malaysia
2021-03-05
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Subjects: | INTERNATIONAL TRADE, DISTRIBUTIONAL IMPACT, LABOR MOBILITY, LABOR MARKET REMOTENESS, COMPENSATING LOSERS, EXPORT COMPETITIVENESS, |
Online Access: | http://documents.worldbank.org/curated/en/532981614958627866/Distributional-Effects-of-International-Trade-Misconceptions-about-Losses-and-Gains http://hdl.handle.net/10986/35264 |
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dig-okr-10986352642021-04-23T14:02:19Z Distributional Effects of International Trade : Misconceptions about Losses and Gains Artuc, Erhan INTERNATIONAL TRADE DISTRIBUTIONAL IMPACT LABOR MOBILITY LABOR MARKET REMOTENESS COMPENSATING LOSERS EXPORT COMPETITIVENESS International trade increases efficiency but also redistributes income, thus creating winners and losers. To account for the total impact and calculate redistributive effects correctly and fully, the different channels of gains and losses must be measured precisely. This Brief shows that measuring the gains is often much more challenging than measuring the losses, generating misconceptions and an overstatement of the adverse impacts of international trade. To assess the effects of trade shocks objectively, and to promote effective policy options, policy makers must be aware of thelimitations in data and methodology surrounding the research on the distributional effects of international trade, and the misconceptions that ensue. 2021-03-12T19:51:58Z 2021-03-12T19:51:58Z 2021-03-05 Brief http://documents.worldbank.org/curated/en/532981614958627866/Distributional-Effects-of-International-Trade-Misconceptions-about-Losses-and-Gains http://hdl.handle.net/10986/35264 English Research and Policy Brief;No. 44 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Malaysia Publications & Research Publications & Research :: Brief |
institution |
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Bibliográfico |
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biblioteca |
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America del Norte |
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Biblioteca del Banco Mundial |
language |
English |
topic |
INTERNATIONAL TRADE DISTRIBUTIONAL IMPACT LABOR MOBILITY LABOR MARKET REMOTENESS COMPENSATING LOSERS EXPORT COMPETITIVENESS INTERNATIONAL TRADE DISTRIBUTIONAL IMPACT LABOR MOBILITY LABOR MARKET REMOTENESS COMPENSATING LOSERS EXPORT COMPETITIVENESS |
spellingShingle |
INTERNATIONAL TRADE DISTRIBUTIONAL IMPACT LABOR MOBILITY LABOR MARKET REMOTENESS COMPENSATING LOSERS EXPORT COMPETITIVENESS INTERNATIONAL TRADE DISTRIBUTIONAL IMPACT LABOR MOBILITY LABOR MARKET REMOTENESS COMPENSATING LOSERS EXPORT COMPETITIVENESS Artuc, Erhan Distributional Effects of International Trade : Misconceptions about Losses and Gains |
description |
International trade increases efficiency
but also redistributes income, thus creating winners and
losers. To account for the total impact and calculate
redistributive effects correctly and fully, the different
channels of gains and losses must be measured precisely.
This Brief shows that measuring the gains is often much more
challenging than measuring the losses, generating
misconceptions and an overstatement of the adverse impacts
of international trade. To assess the effects of trade
shocks objectively, and to promote effective policy options,
policy makers must be aware of thelimitations in data and
methodology surrounding the research on the distributional
effects of international trade, and the misconceptions that ensue. |
format |
Brief |
topic_facet |
INTERNATIONAL TRADE DISTRIBUTIONAL IMPACT LABOR MOBILITY LABOR MARKET REMOTENESS COMPENSATING LOSERS EXPORT COMPETITIVENESS |
author |
Artuc, Erhan |
author_facet |
Artuc, Erhan |
author_sort |
Artuc, Erhan |
title |
Distributional Effects of International Trade : Misconceptions about Losses and Gains |
title_short |
Distributional Effects of International Trade : Misconceptions about Losses and Gains |
title_full |
Distributional Effects of International Trade : Misconceptions about Losses and Gains |
title_fullStr |
Distributional Effects of International Trade : Misconceptions about Losses and Gains |
title_full_unstemmed |
Distributional Effects of International Trade : Misconceptions about Losses and Gains |
title_sort |
distributional effects of international trade : misconceptions about losses and gains |
publisher |
World Bank, Malaysia |
publishDate |
2021-03-05 |
url |
http://documents.worldbank.org/curated/en/532981614958627866/Distributional-Effects-of-International-Trade-Misconceptions-about-Losses-and-Gains http://hdl.handle.net/10986/35264 |
work_keys_str_mv |
AT artucerhan distributionaleffectsofinternationaltrademisconceptionsaboutlossesandgains |
_version_ |
1756575821379665920 |