Revisiting the link between trade, growth and inequality :: lessons for Latin America and the Caribbean /
We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic growth...
Gespeichert in:
Hauptverfasser: | , , |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, District of Columbia] :
International Monetary Fund,
2017.
|
Schriftenreihe: | IMF working paper ;
WP/17/46. |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic growth and inequality considering the strength of trade connections as well as characteristics of countries' export markets and products. Second, we consider event studies of past episodes of trade liberalization to extract general lessons on the impact of trade liberalization on economic growth and its structure and inequality. Both approaches consistently point to two broad messages: First, trade openness and connectivity to the center of the trade network has substantial macroeconomic benefits. Second, we do not find a statistically significant or economically sizable direct impact of trade on overall income inequality. |
Beschreibung: | 1 online resource (42 pages) : illustrations (some color), tables, graphs. |
ISBN: | 1475585926 9781475585926 |
Internformat
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520 | 3 | |a We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic growth and inequality considering the strength of trade connections as well as characteristics of countries' export markets and products. Second, we consider event studies of past episodes of trade liberalization to extract general lessons on the impact of trade liberalization on economic growth and its structure and inequality. Both approaches consistently point to two broad messages: First, trade openness and connectivity to the center of the trade network has substantial macroeconomic benefits. Second, we do not find a statistically significant or economically sizable direct impact of trade on overall income inequality. | |
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author | Beaton, Kimberly Cebotari, Aliona Komaromi, Andras |
author_GND | http://id.loc.gov/authorities/names/no2017000152 http://id.loc.gov/authorities/names/no00067063 http://id.loc.gov/authorities/names/no2016148130 |
author_facet | Beaton, Kimberly Cebotari, Aliona Komaromi, Andras |
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geographic_facet | Latin America |
id | ZDB-4-EBU-ocn985845272 |
illustrated | Illustrated |
indexdate | 2024-11-26T14:49:27Z |
institution | BVB |
isbn | 1475585926 9781475585926 |
language | English |
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physical | 1 online resource (42 pages) : illustrations (some color), tables, graphs. |
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publishDate | 2017 |
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publisher | International Monetary Fund, |
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series | IMF working paper ; |
series2 | IMF Working Papers ; |
spelling | Beaton, Kimberly, author. http://id.loc.gov/authorities/names/no2017000152 Revisiting the link between trade, growth and inequality : lessons for Latin America and the Caribbean / by Kimberly Beaton, Aliona Cebotari, and Andras Komaromi. [Washington, District of Columbia] : International Monetary Fund, 2017. ©2017 1 online resource (42 pages) : illustrations (some color), tables, graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier IMF Working Papers ; WP/17/46 We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic growth and inequality considering the strength of trade connections as well as characteristics of countries' export markets and products. Second, we consider event studies of past episodes of trade liberalization to extract general lessons on the impact of trade liberalization on economic growth and its structure and inequality. Both approaches consistently point to two broad messages: First, trade openness and connectivity to the center of the trade network has substantial macroeconomic benefits. Second, we do not find a statistically significant or economically sizable direct impact of trade on overall income inequality. Globalization Latin America. Mondialisation Amérique latine. BUSINESS & ECONOMICS / Economics / General bisacsh BUSINESS & ECONOMICS / Reference bisacsh Globalization fast Latin America fast Cebotari, Aliona, author. http://id.loc.gov/authorities/names/no00067063 Komaromi, Andras, author. http://id.loc.gov/authorities/names/no2016148130 has work: Revisiting the link between trade, growth and inequality (Text) https://id.oclc.org/worldcat/entity/E39PCGdchw8mwQ7pGbGQXqG8Yd https://id.oclc.org/worldcat/ontology/hasWork Print version: Beaton, Kimberly Revisiting the Link between Trade, Growth and Inequality: Lessons for Latin America and the Caribbean Washington, D.C. : International Monetary Fund,2017 9781475585551 IMF working paper ; WP/17/46. http://id.loc.gov/authorities/names/no89010263 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1496824 Volltext |
spellingShingle | Beaton, Kimberly Cebotari, Aliona Komaromi, Andras Revisiting the link between trade, growth and inequality : lessons for Latin America and the Caribbean / IMF working paper ; Globalization Latin America. Mondialisation Amérique latine. BUSINESS & ECONOMICS / Economics / General bisacsh BUSINESS & ECONOMICS / Reference bisacsh Globalization fast |
title | Revisiting the link between trade, growth and inequality : lessons for Latin America and the Caribbean / |
title_auth | Revisiting the link between trade, growth and inequality : lessons for Latin America and the Caribbean / |
title_exact_search | Revisiting the link between trade, growth and inequality : lessons for Latin America and the Caribbean / |
title_full | Revisiting the link between trade, growth and inequality : lessons for Latin America and the Caribbean / by Kimberly Beaton, Aliona Cebotari, and Andras Komaromi. |
title_fullStr | Revisiting the link between trade, growth and inequality : lessons for Latin America and the Caribbean / by Kimberly Beaton, Aliona Cebotari, and Andras Komaromi. |
title_full_unstemmed | Revisiting the link between trade, growth and inequality : lessons for Latin America and the Caribbean / by Kimberly Beaton, Aliona Cebotari, and Andras Komaromi. |
title_short | Revisiting the link between trade, growth and inequality : |
title_sort | revisiting the link between trade growth and inequality lessons for latin america and the caribbean |
title_sub | lessons for Latin America and the Caribbean / |
topic | Globalization Latin America. Mondialisation Amérique latine. BUSINESS & ECONOMICS / Economics / General bisacsh BUSINESS & ECONOMICS / Reference bisacsh Globalization fast |
topic_facet | Globalization Latin America. Mondialisation Amérique latine. BUSINESS & ECONOMICS / Economics / General BUSINESS & ECONOMICS / Reference Globalization Latin America |
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