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 m...

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Main Author: Artuc, Erhan
Format: Brief
Language:English
Published: World Bank, Malaysia 2021
Subjects:
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
id okr-10986-35264
recordtype oai_dc
spelling okr-10986-352642021-04-23T14:02:19Z 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
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic 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
Artuc, Erhan
Distributional Effects of International Trade : Misconceptions about Losses and Gains
relation Research and Policy Brief;No. 44
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
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
url 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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